USA News Group
Commentary
Issued on behalf of Scope AI
Corp.
VANCOUVER, BC, May 13, 2024
/CNW/ -- USA News Group – The race
to improve artificial intelligence (AI) is accelerating at
breakneck speed, with China
recently unveiling a new photon-powered neural network microchip
that can run on a thousandth as much energy as common
electron-powered chips. According to analysts at DataHorizzon
Research the AI Chip Market is set for explosive growth of over
40.6% CAGR through to 2032. As new chips improve, so too do the
ways we use the chips to enhance businesses through AI-powered deep
machine learning and neural networks. In one aspect that's
consistently improving is AI-powered image recognition, which
Research and Markets projects to grow at a CAGR of 16.1%
towards US$98.6 billion by 2029. This
portion of the AI revolution is being rapidly implemented and
improved by developers including Scope AI Corp. (CSE:
SCPE) (OTCQB: SCPCF), Ambarella, Inc. (NASDAQ: AMBA),
Ceva, Inc. (NASDAQ: CEVA), Himax Technologies, Inc.
(NASDAQ: HIMX), and Autodesk, Inc. (NASDAQ: ADSK).
As the capabilities of deep machine learning expand across
various industries, Scope AI Corp. (CSE: SCPE) (OTCQB:
SCPCF) has rebranded and broadened its market reach. The company
now targets sectors such as advertising, gaming, and neural
networks with its proprietary technology, GEM (General Enterprise
Machine Learning). This advanced platform enables businesses to
develop their own object detection and visual information systems,
leveraging the power of complete neural networks. By integrating
object visual recognition, Scope AI is enhancing the ability
of companies to personalize ad content, create immersive gaming
experiences, and utilize neural networks for diverse
applications.
Recently, Scope announced new updates to GEM, enhancing
its functionality for advertising firms to tailor ad content more
effectively, enabling the gaming industry to offer more
personalized gameplay experiences, and utilizing the power of
neural networks for advanced applications. These updates
significantly boost the platform's utility in object visual
recognition, allowing businesses to gain deeper insights and
deliver more precise solutions. By leveraging advanced object
detection and visual information systems, advertisers can better
analyze consumer behavior and optimize campaigns, while game
developers can create richer, more engaging user experiences.
"We're very pleased at how seamless we were able to streamline,
enhance, and strengthen our platform with the latest performance
and security upgrades made to our infrastructure," said
Sean Prescott, Founder and
Non-Executive Chairman of Scope. "The next generation of our
platform will set us apart in what kind of data and its sensitivity
we can process and store. It's a potential game-changer for the
industry."
GEM comes with an intuitive web-interface, a developer, detail
user, entrepreneur or full-on enterprise could easily set up an
object detection system to run advanced data inference, or build a
completely new, never before seen neural network model in
real-time.
Scope AI is optimistic that GEM's latest updates can
significantly advance the advertising and gaming industries by
offering new insights and capabilities. For advertising,
Scope explains that GEM's visual recognition technology
allows advertisers to create highly targeted and engaging ads. This
approach not only maximizes return on ad spend but also drives
customer engagement to new heights.
In the gaming sector, Scope believes GEM can
significantly enhance user experiences by customizing gameplay and
recommendations through neural network analysis of player behavior.
GEM provides developers with crucial insights aimed at optimizing
game design, increasing user retention, and maximizing revenue
potential.
Looking to further empower AI developers, Ambarella, Inc.
(NASDAQ: AMBA) announced its leading-edge CooperTM
Developer Platform earlier this year. The platform was designed to
offer seamless integration of software, hardware, state-of-the-art
fine-tuned AI models, and services that provide universal support
for Ambarella's entire portfolio of AI systems-on-chip
(SoCs).
"Developers creating products based on the latest AI
technologies are faced with the daunting challenge of integrating
multiple software tools while deploying on diverse hardware
platforms," said Fermi Wang, President and CEO of Ambarella.
"Our new unified, robust and scalable Cooper Developer Platform
allows designers to easily take full advantage of our SoCs'
industry-leading AI performance per watt, via intuitive and
comprehensive tools that abstract the hardware and enable them to
focus on product innovation across multiple markets and
applications."
Through April, Ambarella continued expanding its AI
SoC portfolio, adding the CV75S family of 5nm chips, which the
company claims offers the most cost- and power-efficient SoC option
for running the latest AI-based image processing like vision
language models (VLMs) and vision transformer networks in security,
robotics, conferencing, and sports cameras.
Aiding in enhancing the connectivity required for smooth
implementation of AI platforms is Ceva, Inc. (NASDAQ: CEVA),
which recently launched a family of multi-protocol IP for edge
AI and the Internet of Things (IoT) with a 22nm radio
configuration. Named the Ceva-Waves Links, the new family of
multi-protocol IP supports WiFi6, Bluetooth, and Ultra-Widband
(UWB) features optimized co-existence schemes and are adapted to
various radios and configurations.
Earlier this year, Ceva also expanded its AI ecosystem
for its class-leading NeuPro-M NPU IP with the addition of two new
partnerships targeting automotive and vision-based Edge AI
applications.
"I would like to extend a warm welcome to Visionary.ai
and ENOT.ai, who join the ecosystem of partners that support
our Smart Edge customer base," said Ran Snir, Vice President and
General Manager of the Vision Business Unit at Ceva. "These
partners are bringing new levels of innovation to solve complex
challenges using AI, and illustrate the value proposition of our
NeuPro-M NPU to enable scalable AI workloads on-device with highest
power efficiency."
Display driver and other semiconductors products suppliers
Himax Technologies, Inc. (NASDAQ: HIMX) recently
announced a collaboration with E Ink Holdings Inc., a
pioneer and distinguished leader in ePaper technology, to introduce
a revolutionary ultralow power battery-operated smart retail
solution. In the realm of smart signage, Himax WiseEye AI is
now revolutionizing e-signage by incorporating E Ink's
Kaleido display and offering a versatile suite of always-on sensing
AI capabilities, including human presence and individual
detection.
"The partnership between Himax and E Ink marks a
significant evolution from our years of collaboration in the
e-reader industry, now venturing into the domain of e-signage and
ESL," said Mark Chen, Vice President
of Smart Sensing business at Himax. "Leveraging E
Ink's versatile ePaper technologies and extensive industry
reach, combined with Himax's robust AI and ultralow power
expertise, our goal is to redefine the possibilities of
next-generation e-signage and ESL products, envisioning enhanced
precision, privacy, and versatility."
Used by designers and architects, a platform built by 3D
software company Autodesk, Inc. (NASDAQ: ADSK) recently
demonstrated the capabilities of an ambitious generative AI
project called Project Bernini, a text-to-3D tool. Project Bernini
can create 3D images from a variety of input types including a text
prompt, a single 2D image, multiple images and/or point clouds.
In late April, Autodesk also announced an
interoperability agreement with Nemetschek Group to
improve open collaboration and efficiencies for the architecture,
engineering, construction and operations (AECO) and media and
entertainment (M&E) industries. The duo will work together to
enhance existing interoperability between each company's industry
cloud and desktop products and to improve the fluent exchange of
information across solutions.
"Autodesk is firmly committed to building open,
integrated, cloud-powered solutions for our customers that unlock
data and connect project teams," said Amy
Bunszel, Executive Vice President, Architecture, Engineering
and Construction Solutions at Autodesk. "Extending
Autodesk's cloud and desktop solutions with
Nemetschek interoperability is a huge step towards
optimizing our customers' workflows and helping them generate
better project outcomes."
Article Source:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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