Vancouver, Kelowna, Delta, BC – November 15, 2022 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye – watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company LZG International Inc. (Fatbrain AI) (OTC:LZGI).
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AI Eye Podcast 737: Stocks discussed: (OTCQB: LZGI) (NYSE: PB) (NasdaqGS: MSFT)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCQB:LZGI) (NYSE:PB) (NasdaqGS:MSFT)
LZG International Inc. (Fatbrain AI) (OTCQB:LZGI) has announced its acquisition of Predictive Black Ltd, described in the press release as “a UK-based innovator of real-time cash management, financial insights and business wellness for SMEs.” Predictive Black’s SaaS platform delivers personalized forecasts for revenue, costs and cash to SMEs by “securely connecting, aligning and continuously scoring the clients’ financial signals from banking data and accounting software.” Peter B. Ritz, co-founder and CEO of FatBrain AI, said:
“Maximizing cash flow across growth needs, product mix and pricing demands is a hard problem for most businesses, and especially SMEs. With the Predictive Black subscription, any business can quickly and easily wargame critical decisions on price, product and revenue cycles. Play out the worst to best scenarios and optimize for profit – all while grounded within the context of outcome dynamics realized by their market peers.”
Planet Labs PBC (NYSE:PB) has expanded its partnership with Microsoft (NasdaqGS:MSFT) to apply artificial intelligence (AI) technology and satellite data to support African climate adaptation projects. According to the press release, this collaboration supports Microsoft’s “recently-announced first global expansion of its AI for Good Labs into Nairobi, Kenya and Cairo, Egypt and the establishment of a corresponding AI Innovation Council with local partners and nonprofits.” Andrew Zolli, Chief Impact Officer of Planet, said:
“Two things that our Planet and Microsoft teams share in common is a very strong bias to action and to do the most good at the best scale. Once we were able to see how impactful combining AI and satellite data could be, not just technically, but how impactful it can be when in the right hands, we immediately began to think about the complex problems we could go after – humanitarian aid, climate change, food and energy insecurity, etc.”
Global Automotive AI Market to Reach $14.23B in 2030
A report published by Grand View Research finds that the global Automotive AI market is projected to grow from $2.54 billion USD in 2021 to $14.23 billion in 2030, registering a compound annual growth rate (CAGR) of 21.6 percent in the forecast period running from 2022-30. The following excerpt from the report’s summary outlines the role of AI in the Automotive space, and the factors influencing its growth:
Introducing (Artificial Intelligence) AI in the automotive industry ushers in a new era, allowing businesses to track operations, improve business plans, develop autonomous and semi-autonomous vehicles, and enhance digital outcomes. The global automotive AI industry is driven by the rising demand for autonomous vehicles, the adoption of artificial intelligence for traffic management, advanced automotive solutions, and government initiatives. Nevertheless, the absence of infrastructure, expensive procurement, and operational expenses remain obstacles to growth.
Sam Mowers, Investorideas.com
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About FatBrain AI (LZG International, Inc.)
FatBrain AI (LZG International, Inc.; OTC: LZGI) provides powerful and easy-to-use AI solutions to empower the star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy. FatBrain’s AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain’s subscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud.
For more information, please visit: https://www.fatbrain.ai
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