HENDERSON, NV / ACCESSWIRE / April 12, 2019 / Recently, McDonalds bought an artificial intelligence startup whose tech can automatically change menus depending on the time of day, weather and even traffic. McDonalds is reported to be paying more than $300 million, as per reports from The Wall Street Journal. This is McDonald's biggest buy since it bought Boston Market in 1999.
This comes against a backdrop of other retailers investing in the kind of machine learning that you're more likely familiar with on the web -- retailers like Nike, Sephora and Walgreens.
That's why smaller AI companies building tech and apps are worth your time.
One company we found using a deep learning network that you should research right away is Gopher Protocol Inc. (GOPH). The company just announced the release of its Avant! AI mobile app! The app is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications.
With investor confidence in Tech stocks high, today we are highlighting: Gopher Protocol Inc. (GOPH), NVIDIA Corporation (NVDA), Five9, Inc. (FIVN), Splunk Inc (SPLK), and Salesforce.com, Inc. (CRM).
Gopher Protocol Inc. (GOPH) (Market Cap: $76.741M; Share Price: $0.37)'s Avant! AI mobile app is synchronized with the Avant! AI web application (www.avant-ai.net) and is equipped with personalization and additional features to make it a handy artificial general intelligence (AGI) agent for the benefit of users. Avant! AI is an artificial intelligence system that is capable of processing vast amounts of data efficiently and quickly. Avant! AI is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. The current release of Avant! AI is targeting AGI to perform information search and retrieval. The new mobile application enables question/answer capability for general topics. Avant! AI searches for online information, sorting out the best answer and recording it under a personal account. The system keeps a history of any user's question/answer data for future use and includes a search mechanism to retrieve previous topics.
The company also announced it had filed a non-provisional patent application with the United States Patent and Trademark Office (USPTO) covering Gopher's 3D microchip design and manufacturing technology. The goal of the technology specified in this application is to facilitate the design and manufacturing of superior computing microchips to power AI systems, wireless and IoT/Mobile systems.
In the IoT department, GOPH initiated testing multiple antenna types and configurations as part of the final phase of development for its mesh network gateway device. Antennas are a crucial part of any wireless system, being the central communicator between wireless clients, so this announcement was very promising.
NVIDIA Corporation (NVDA) (Market Cap: $116.551B; Share Price: 191.54) is using AI by operating in two segments, graphics processing unit, or GPUs, and Tegra Processor - the most powerful tablet-form factor chip in the market today. Nvidia’s AI chips are also used in cloud computing; tech giants like Google and Facebook use Nvidia's platform to power the AI features on their platforms. An increasing number of self-driving customers including Audi, Mercedes Benz, Toyota and Tesla (TSLA) are also using Nvidia DRIVE car technology to teach self-driving cars to see, think, and learn. On April 8, NVIDIA and the American College of Radiology announced a collaboration to enable thousands of radiologists nationwide to create and use AI for diagnostic radiology in their own facilities, using their own data, to meet their own clinical needs.
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs, GeForce NOW for cloud-based game-streaming service, Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications, Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, and general purpose computing, GRID, which provides power of NVIDIA graphics through the cloud and datacenters, DGX for AI scientists, researchers, and developers, and cryptocurrency-specific graphics processing units.
Its invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI - the next era of computing - with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world.
Five9, Inc. (FIVN) (Market Cap: $3.022B; Share Price: $51.00), a leading provider of cloud contact center software for the digital enterprise, reported results for the fourth quarter and full year ended December 31, 2018 in February. For the three months ended December 31st, 2018 vs December 31st, 2017, Five9 reported revenue of $72.34MM vs $55.40MM (up 30.56%) and analysts estimated basic earnings per share $0.07 vs -$0.01. Adjusted EBITDA for the fourth quarter of 2018 was $16.4 million, or a record 22.7% of revenue, compared to $6.9 million, or 12.4% of revenue, for the fourth quarter of 2017. For the twelve months ended December 31st, 2018 vs December 31st, 2017, Five9 reported revenue of $257.66MM vs $200.23MM (up 28.69%) and analysts estimated basic earnings per share -$0.00 vs -$0.16. Adjusted EBITDA for 2018 was $46.4 million, or a record 18.0% of revenue, compared to $17.6 million, or 8.8% of revenue, in 2017.
Analysts expect earnings to be released on May 7th, 2019. The report will be for the fiscal period ending March 31st, 2019. Reported EPS for the same quarter last year was -$0.01. The estimated EPS forecast for the next fiscal year is $0.05 and is expected to report on February 18th, 2020.
Five9 is currently using AI, as a provider of cloud software for contact centers. It is developing a self-learning AI contact center platform, such as the Five9 Genius, that delivers intelligent routing using non pre-defined data models from a number of information channels to derive customer intent. Five9 currently claims more than 2,000 customers worldwide and over 3 billion customer interactions annually. The company announced last year a partnership with search giant Google on AI contact center software.
Splunk Inc (SPLK) (Market Cap: $20.317B; Share Price: $135.38) recently filed its latest 10-K with SEC for the fiscal year ended on January 31, 2019. Splunk Inc provides software products. Its flagship product is Splunk Enterprise and at its core is a proprietary machine data engine, comprised of collection, indexing, search, reporting analysis and data management capabilities. On April 9, it announced that the Orbis Partnership is using its Splunk® Enterprise and Splunk Enterprise Security (ES) products to protect itself from cyber-attacks. Orbis, a partnership which brings together three local councils in Southeast England, spans across 550 sites and delivers services including finance, procurement and human resources to over 20,000 users.
Splunk is involved in Artificial Intelligence and the strength of Splunk's AI platform lies in its ability to deal with unstructured data for IT and security. Using machine learning, the company's IT Service Intelligence (ITS), a monitoring and analytics solution that combines big data and AI functionality, detects, flags and prevents possible anomalies before they impact revenue and customer experience. ITS also makes predictions giving organizations visibility across IT and business services and applications.
Salesforce.com, Inc. (CRM) (Market Cap $123.923B; Share Price: $160.73), which opened its doors for business twenty years ago, was in so many ways a company ahead of its time. It offered cloud-based solutions for customer relationship management (CRM) before "the cloud" was part of the mainstream lexicon or even tech jargon. The company now sports a $124 billion market cap, achieved in large part by pioneering the software-as-a-service (SaaS) business model. And even after gaining all its wisdom from being around so long, the company still refuses to act its age.
Take, for instance, its involvement with AI. It currently dominates 20% personalized Customer Relationship Management software and tools; a dominance that is the direct result of Salesforce's platform Einstein AI, Salesforce Customer 360, and Salesforce Lightning platforms. According to the company's published 4Q and FY 2019 (ended January 2019) results, Einstein AI, after using of all the data in Salesforce—customer data, can deliver more than 6 billion predictions every day.
Salesforce has been identified as a visionary leader in the AI in fintech space given its extensive product features, high product quality, reliability, suitable channel strategy, and wide geographical footprint by 360Quadrants, the world's only comparison platform that combines expert analysis with crowdsourced reviews.
Priyanka Goel, CFA
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month. All payments were made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. GOPH was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
http://www.regalconsultingllc.com/full legal disclaimer/
Full Legal Disclaimer Click Here.
Company Name: ACR Communication LLC.
Contact Person: Media Manager
Country: United States
SOURCE: ACR Communication LLC.
View source version on accesswire.com: