Vancouver, Kelowna, Delta, BC – September 21, 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 724: Stocks discussed: (OTC: LZGI) (NasdaqGS: NVDA)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTC:LZGI) (NasdaqGS:NVDA)
LZG International Inc. (Fatbrain AI) (OTC:LZGI) has announced that it has started the process for moving off the OTC Pink Sheets(R) and uplisting to the OTCQB Venture Market. Such a move, according to the press release, may result in “increased investor awareness, greater liquidity and visibility of their common stock.” Peter B. Ritz, co-founder and CEO of FatBrain AI, said:
“Uplisting to the OTCQB will assist our company in providing greater shareholder value. It will allow us to achieve greater market visibility along with increased trading liquidity within the investment community. We look forward to showcasing our company to a larger audience of domestic and international investors. Uplisting to OTCQB is the first of several exciting advancements planned. We believe that while this is just the first step toward a more favorable NASDAQ listing, it provides immediate market credibility to expedite our mission to become a global AI solutions provider.”
NVIDIA Corporation (NasdaqGS:NVDA) and professional services giant Deloitte are expanding their alliance “to help enable enterprises around the world to develop, implement and deploy hybrid-cloud solutions using the NVIDIA AI and NVIDIA Omniverse Enterprise platforms.” This, according to the press releases, will help Deloitte’s professionals “build and deploy a wide range of AI applications, including edge AI, speech AI, recommender systems, chatbots, cybersecurity, digital twins and more.” Joe Ucuzoglu, CEO of Deloitte US, said:
“Building on our relationship with NVIDIA, we are bringing together our top talent pool and deep AI experience with the power of NVIDIA AI and Omniverse platforms to help clients accelerate the development of AI-fueled solutions. By expanding our collaboration with NVIDIA, we can help enable clients to quickly deliver on the full capabilities of AI to transform their businesses.”
Global AI in Retail Market to Reach $40.74B by 2030
A report published by Grand View Research finds that the global AI in Retail market is projected to grow from $5.79 billion USD in 2021 to $40.74 billion by 2030, registering a compound annual growth rate (CAGR) of 23.9 percent in the forecast period 2022-30. The following excerpt from the report’s summary outlines some factors influencing the market’s growth:
The growth is fueled by factors such as the constantly rising number of internet users, smart devices, the need for surveillance and monitoring at a physical store, and government policies toward digitization. AI in the retail industry revolves around how corporations have operated over the past few decades. Big data analytics and AI are crucial to digital business; they have the capabilities to transform everything from customer experience to business operations.
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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