A Potential $1.8 Trillion AI Opportunity is a Strong Catalyst for these Five Stocks February 23, 2023 - Baystreet.ca Artificial intelligence (AI) will be one of the biggest stories of the decade. Growing fast, Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. OpenAI just released ChatGPT, a free chatbot that’s become wildly popular. For one, according to Medium.com, “One of the primary reasons ChatGPT is disruptive is that it represents a significant advancement in the ability of AI systems to understand and generate human-like text.” Two, “it has the potential to revolutionize the way we interact with AI.” All of which is beneficial for companies, such as VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), Nvidia Corp. (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and C3.ai (NYSE: AI). Even better, business leaders are interested in using AI. In fact, according to Thomasnet.com, “Artificial intelligence solutions have the potential to slash research and development (R&D) costs by helping businesses rapidly assess the viability of potential products. AI infrastructure can analyze business data, explore variables, and reveal whether a proposed project is likely to succeed. By utilizing AI, businesses can fiercely pursue innovation without incurring unsustainable R&D costs.” Look at VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), For Example VERSES Technologies, a cognitive computing company specializing in the next generation of artificial intelligence, has announced a breakthrough in AI with the world's first General Intelligent Agent, codenamed GIA™, (‘jee-yah’) designed to offer a new human-centered way for businesses and individuals to interact with technology. GIA, a General Intelligent Agent, is a next-generation personal AI assistant that is designed to learn about its users in order to better organize, manage, and optimize their digital life. GIA, the smart interface to the digital world, is a voice and text-based digital assistant that operates under a user’s direction and on their behalf, searching, filtering, and summarizing information across multiple data sources. With unique features like automating data organization, predictive reasoning, and the ability to learn over time, GIA is poised to become the first intelligent all-in-one solution for anyone seeking a smarter way to organize, manage, and automate their personal and professional activities. “In the Information Age, we have become overwhelmed with the onslaught of information: emails, app alerts, and device notifications. Businesses are drowning in big data, trying to make sense of information across various systems and how it will benefit them,” said Jason Fox, VERSES Chief Technology Officer. “In the Web 2.0 era an “app for that” resulted in users needing to search across hundreds of single-purpose apps and more devices than anyone can keep track of. The digital overload and administrative drudgery have left users wanting ‘less’ from technology.” GIA is designed to reduce information overload, increase certainty and decision-making, improve productivity, and provide highly contextualized recommendations and online automation, resulting in a new kind of personal computing experience. Individuals and business users can allow GIA to search and interact across different apps, websites, devices, and systems and offer personalized answers, analysis, and recommendations, manage calendars, schedule appointments, send messages, and even orchestrate and automate the real-world activities of everything from smart home devices and appliances to industrial robots and autonomous vehicles. GIA can host personal or enterprise data or media in private data stores with user controls for robust data permissions, privacy, and security. “The field of AI is experiencing exciting innovations but even state-of-the-art models are still narrowly-focused tools based on public datasets. We believe GIA can do better, not just by learning about the world, but by learning about us and our lives and providing us with a smarter, safer, and more natural personal computing experience,” said Gabriel René, CEO of VERSES. “GIA marks a new milestone in cognitive computing with its ability to intelligently assist us in managing and optimizing our modern personal and professional lives and guiding us toward a healthier relationship with our technology; freeing us to focus on what matters most in life.” VERSES is planning the international beta rollout of GIA beginning in summer 2023. Users can sign up to join the waitlist for GIA at verses.ai/gia Other related developments from around the markets include: Nvidia Corp. reported revenue for the fourth quarter ended January 29, 2023, of $6.05 billion, down 21% from a year ago and up 2% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.57, down 52% from a year ago and up 111% from the previous quarter. Non-GAAP earnings per diluted share were $0.88, down 33% from a year ago and up 52% from the previous quarter. For fiscal 2023, revenue was $26.97 billion, flat from a year ago. GAAP earnings per diluted share were $1.74, down 55% from a year ago. Non-GAAP earnings per diluted share were $3.34, down 25% from a year ago. Microsoft and Qcells, a global solar leader investing in building a U.S. solar supply chain are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 gigawatts of solar panels and related services — equivalent to powering over 400,000 homes. Qcells, owned by Hanwha Solutions headquartered in Seoul, will work with Microsoft to develop solar projects as well as provide panels and engineering, procurement and construction (EPC) services to selected solar projects Microsoft has contracted for through power purchase agreements (PPAs). Apple announced financial results for its fiscal 2023 first quarter ended December 31, 2022. The Company posted quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88. “As we all continue to navigate a challenging environment, we are proud to have our best lineup of products and services ever, and as always, we remain focused on the long term and are leading with our values in everything we do,” said Tim Cook, Apple’s CEO. “During the December quarter, we achieved a major milestone and are excited to report that we now have more than 2 billion active devices as part of our growing installed base.” C3.ai announced an expansion of their Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS) to deliver artificial intelligence (AI) solutions designed to solve customers’ critical business challenges across a variety of industries, including defense and intelligence as well as state and local government. Under the expanded SCA, C3 AI will integrate C3 AI applications, such as C3 AI Law Enforcement, with AWS services including Amazon Comprehend, and co-sell the C3 AI Platform and applications with AWS. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for VERSES Technologies Inc. by VERSES Technologies Inc. We own ZERO shares of VERSES Technologies Inc. Please click here for full disclaimer. Contact Information: Ty Hoffer Winning Media281.804.7972[email protected]
A Potential $1.8 Trillion AI Opportunity is a Strong Catalyst for these Five Stocks February 23, 2023 - Baystreet.ca Artificial intelligence (AI) will be one of the biggest stories of the decade. Growing fast, Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. OpenAI just released ChatGPT, a free chatbot that’s become wildly popular. For one, according to Medium.com, “One of the primary reasons ChatGPT is disruptive is that it represents a significant advancement in the ability of AI systems to understand and generate human-like text.” Two, “it has the potential to revolutionize the way we interact with AI.” All of which is beneficial for companies, such as VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), Nvidia Corp. (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and C3.ai (NYSE: AI). Even better, business leaders are interested in using AI. In fact, according to Thomasnet.com, “Artificial intelligence solutions have the potential to slash research and development (R&D) costs by helping businesses rapidly assess the viability of potential products. AI infrastructure can analyze business data, explore variables, and reveal whether a proposed project is likely to succeed. By utilizing AI, businesses can fiercely pursue innovation without incurring unsustainable R&D costs.” Look at VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), For Example VERSES Technologies, a cognitive computing company specializing in the next generation of artificial intelligence, has announced a breakthrough in AI with the world's first General Intelligent Agent, codenamed GIA™, (‘jee-yah’) designed to offer a new human-centered way for businesses and individuals to interact with technology. GIA, a General Intelligent Agent, is a next-generation personal AI assistant that is designed to learn about its users in order to better organize, manage, and optimize their digital life. GIA, the smart interface to the digital world, is a voice and text-based digital assistant that operates under a user’s direction and on their behalf, searching, filtering, and summarizing information across multiple data sources. With unique features like automating data organization, predictive reasoning, and the ability to learn over time, GIA is poised to become the first intelligent all-in-one solution for anyone seeking a smarter way to organize, manage, and automate their personal and professional activities. “In the Information Age, we have become overwhelmed with the onslaught of information: emails, app alerts, and device notifications. Businesses are drowning in big data, trying to make sense of information across various systems and how it will benefit them,” said Jason Fox, VERSES Chief Technology Officer. “In the Web 2.0 era an “app for that” resulted in users needing to search across hundreds of single-purpose apps and more devices than anyone can keep track of. The digital overload and administrative drudgery have left users wanting ‘less’ from technology.” GIA is designed to reduce information overload, increase certainty and decision-making, improve productivity, and provide highly contextualized recommendations and online automation, resulting in a new kind of personal computing experience. Individuals and business users can allow GIA to search and interact across different apps, websites, devices, and systems and offer personalized answers, analysis, and recommendations, manage calendars, schedule appointments, send messages, and even orchestrate and automate the real-world activities of everything from smart home devices and appliances to industrial robots and autonomous vehicles. GIA can host personal or enterprise data or media in private data stores with user controls for robust data permissions, privacy, and security. “The field of AI is experiencing exciting innovations but even state-of-the-art models are still narrowly-focused tools based on public datasets. We believe GIA can do better, not just by learning about the world, but by learning about us and our lives and providing us with a smarter, safer, and more natural personal computing experience,” said Gabriel René, CEO of VERSES. “GIA marks a new milestone in cognitive computing with its ability to intelligently assist us in managing and optimizing our modern personal and professional lives and guiding us toward a healthier relationship with our technology; freeing us to focus on what matters most in life.” VERSES is planning the international beta rollout of GIA beginning in summer 2023. Users can sign up to join the waitlist for GIA at verses.ai/gia Other related developments from around the markets include: Nvidia Corp. reported revenue for the fourth quarter ended January 29, 2023, of $6.05 billion, down 21% from a year ago and up 2% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.57, down 52% from a year ago and up 111% from the previous quarter. Non-GAAP earnings per diluted share were $0.88, down 33% from a year ago and up 52% from the previous quarter. For fiscal 2023, revenue was $26.97 billion, flat from a year ago. GAAP earnings per diluted share were $1.74, down 55% from a year ago. Non-GAAP earnings per diluted share were $3.34, down 25% from a year ago. Microsoft and Qcells, a global solar leader investing in building a U.S. solar supply chain are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 gigawatts of solar panels and related services — equivalent to powering over 400,000 homes. Qcells, owned by Hanwha Solutions headquartered in Seoul, will work with Microsoft to develop solar projects as well as provide panels and engineering, procurement and construction (EPC) services to selected solar projects Microsoft has contracted for through power purchase agreements (PPAs). Apple announced financial results for its fiscal 2023 first quarter ended December 31, 2022. The Company posted quarterly revenue of $117.2 billion, down 5 percent year over year, and quarterly earnings per diluted share of $1.88. “As we all continue to navigate a challenging environment, we are proud to have our best lineup of products and services ever, and as always, we remain focused on the long term and are leading with our values in everything we do,” said Tim Cook, Apple’s CEO. “During the December quarter, we achieved a major milestone and are excited to report that we now have more than 2 billion active devices as part of our growing installed base.” C3.ai announced an expansion of their Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS) to deliver artificial intelligence (AI) solutions designed to solve customers’ critical business challenges across a variety of industries, including defense and intelligence as well as state and local government. Under the expanded SCA, C3 AI will integrate C3 AI applications, such as C3 AI Law Enforcement, with AWS services including Amazon Comprehend, and co-sell the C3 AI Platform and applications with AWS. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for VERSES Technologies Inc. by VERSES Technologies Inc. We own ZERO shares of VERSES Technologies Inc. Please click here for full disclaimer. Contact Information: Ty Hoffer Winning Media281.804.7972[email protected]