Five Top Ways to Profit from a $1.81 Trillion AI Boom

January 30, 2023 - Baystreet.ca


The artificial intelligence story has become explosive. So much so, Grand View Research says the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. Plus, consider this. MIT Technology Review once said, “Artificial intelligence is changing the world and doing it at breakneck speed. The experts go on to predict a 50 percent chance that AI will be better than humans at more or less everything in about 45 years.” In healthcare, for example, AI could help doctors sift through thousands of medications to treat a myriad of issues in seconds. AI could transform the auto industry with autonomous cars. It could help personalize learning in schools. Supply chains are using AI to power the entire supply chain and logistics process. Advertisers are using AI to predict consumer demands, and even help handle the entire shopping experience. All of which could boost companies such as VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), Nvidia Corp. (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Alphabet (NASDAQ: GOOG, GOOGL).

Look at VERSES Technologies Inc. (NEO: VERS) (OTCQX: VRSSF), For Example

VERSES, a cognitive computing company specializing in the next generation of Artificial Intelligence (AI) systems and the developer of KOSM™, the world's first network operating system for enabling distributed intelligence, announced today that it has been selected by 686 Technical Apparel to optimize the flow of its products within its distribution center.

“We are pleased to help 686 better understand the dynamics in their warehouse and how to streamline operations,” said James Hendrickson, President and GM of VERSES Enterprise. “I’ve been a fan of the 686 brand for a while so it’s a treat to contribute to their internal logistics.”

KOSM provides a suite of services and tools for modeling a site along with its operating procedures in order to generate intelligence in the form of recommendations. The VERSES WAYFINDER™ mobile app then guides workers to deploy these recommended activities resulting in a boost to picking performance, reduced errors, expedited onboarding of new employees, and improving the placement and flow of goods.

“686 is working with VERSES because we see the benefit in leveraging their AI technology to advance our inventory management and distribution,” said Dave Richards, Director of Operations for 686. “Outdoor apparel is our livelihood, and we are confident that working with VERSES will further improve our process of getting equipment into the hands of our loyal customers.”

VERSES Webinar
The Company is also pleased to announce that VERSES Founder & CEO, Gabriel Rene will be presenting the latest Company update in a live webinar taking place on Tuesday, January 31st at 9:00 am PT / 12:00pm. ET. The webinar will be hosted by Focus Communications Investor Relations (FCIR) and Cory Fleck of the Korelin Economics Report. Participants are encouraged to submit any questions for the company prior to the event by e-mailing FCIR at info@fcir.ca .

Date: Tuesday, January 31st

Time: 9:00AM PT/ 12:00PM ET

Registration: https://event.webinarjam.com/register/146/8o90xsgy

Other related developments from around the markets include:

Nvidia Corp. announced that the high-performance GeForce NOW cloud gaming service will be coming to cars. Hyundai Motor Group, one of the world’s largest automakers with the Hyundai, Kia and Genesis brands; BYD, the world’s leading manufacturer of new energy vehicles (NEVs); and Swedish premium electric vehicle and lifestyle brand Polestar are the first working with NVIDIA to deliver GeForce NOW in their vehicles. The announcement expands NVIDIA’s vehicle infotainment offerings, which include a suite of products and services that improve the cockpit experience. Coupling NVIDIA’s heritage in gaming and infotainment, GeForce NOW can stream a real-time, full PC-gaming experience beyond desktops, laptops and mobile devices, now to software-defined cars.

Microsoft just announced the third phase of its long-term partnership with OpenAI through a multiyear, multibillion-dollar investment to accelerate AI breakthroughs to ensure these benefits are broadly shared with the world. This agreement follows its previous investments in 2019 and 2021. It extends our ongoing collaboration across AI supercomputing and research and enables each of us to independently commercialize the resulting advanced AI technologies. Supercomputing at scale – Microsoft will increase its investments in the development and deployment of specialized supercomputing systems to accelerate OpenAI’s groundbreaking independent AI research. It will also continue to build out Azure’s leading AI infrastructure to help customers build and deploy their AI applications on a global scale. New AI-powered experiences – Microsoft will deploy OpenAI’s models across its consumer and enterprise products and introduce new categories of digital experiences built on OpenAI’s technology. This includes Microsoft’s Azure OpenAI Service, which empowers developers to build cutting-edge AI applications through direct access to OpenAI models backed by Azure’s trusted, enterprise-grade capabilities and AI-optimized infrastructure and tools. Exclusive cloud provider – As OpenAI’s exclusive cloud provider, Azure will power all OpenAI workloads across research, products and API services.

Apple unveiled a new set of educational resources designed to help users take control of their data. As threats to the privacy and security of personal information are on the rise, a new Today at Apple session will educate users on how they can safeguard their data. And to drive awareness about the importance of data privacy, Apple has also partnered with Apple TV+ Ted Lasso star Nick Mohammed in “A Day in the Life of an Average Person’s Data.” These education efforts build on Apple’s long track record as a privacy leader, with innovations that give people more insight into how their data is used — and more tools to protect it. As a company that believes privacy is a fundamental human right, Apple designs features like App Tracking Transparency and Privacy Nutrition Labels, which put users in the driver’s seat when it comes to their data.

Alphabet will hold its quarterly conference call to discuss fourth quarter 2022 financial results on Thursday, February 2, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast of the earnings conference call can be accessed here. A replay of the webcast will be available through the same link following the conference call. Please visit the Investor Relations website at abc.xyz/investor on February 2, 2023 to view the earnings release before the conference call.

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.

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Ty Hoffer
Winning Media
281.804.7972
Ty@winning.media