DS Automobiles

Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030

Retrieved on:

Tuesday, April 9, 2024

PALM BEACH, Fla., April 9, 2024 /PRNewswire/ -- Experts universally see that the AI in the healthcare market will continue to reach new highs throughout this decade. A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030. The report said: "Growing datasets of patient health-related digital information, increasing demand for personalized medicine, and rising need to reduce care expenses are some major drivers of market growth. The rising global geriatric population, changing lifestyles, and increasing prevalence of chronic diseases have contributed to a growth in demand for diagnosing and improved understanding of diseases in their initial stages. Artificial Intelligence (AI) and machine learning (ML) algorithms are being widely adopted and integrated into healthcare systems to accurately predict diseases in their early stage based on historical health datasets. Furthermore, deep learning technologies, predictive analytics, content analytics, and natural language processing (NLP) tools are enabling care professionals to diagnose patient's underlying health conditions at an earlier stage. The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies. Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak. AI/ML algorithms were utilized in the diagnosis sector wherein these technologically driven modules were trained with datasets of chest CT images, symptoms, pathological findings, and exposure history to diagnose COVID-19-positive patients rapidly and accurately." Active tech companies in the markets this week include: Avant Technologies, Inc. (OTCQB: AVAI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), CXApp Inc. (NASDAQ: CXAI), Marvell Technology, Inc. (NASDAQ: MRVL).

Key Points:

A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.
The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies.
Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak.
This potent combination empowers healthcare and life sciences organizations to navigate the complexities of data and system interoperability with unprecedented efficiency.

Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030

Retrieved on:

Tuesday, April 9, 2024

PALM BEACH, Fla., April 9, 2024 /PRNewswire/ -- Experts universally see that the AI in the healthcare market will continue to reach new highs throughout this decade. A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030. The report said: "Growing datasets of patient health-related digital information, increasing demand for personalized medicine, and rising need to reduce care expenses are some major drivers of market growth. The rising global geriatric population, changing lifestyles, and increasing prevalence of chronic diseases have contributed to a growth in demand for diagnosing and improved understanding of diseases in their initial stages. Artificial Intelligence (AI) and machine learning (ML) algorithms are being widely adopted and integrated into healthcare systems to accurately predict diseases in their early stage based on historical health datasets. Furthermore, deep learning technologies, predictive analytics, content analytics, and natural language processing (NLP) tools are enabling care professionals to diagnose patient's underlying health conditions at an earlier stage. The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies. Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak. AI/ML algorithms were utilized in the diagnosis sector wherein these technologically driven modules were trained with datasets of chest CT images, symptoms, pathological findings, and exposure history to diagnose COVID-19-positive patients rapidly and accurately." Active tech companies in the markets this week include: Avant Technologies, Inc. (OTCQB: AVAI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), CXApp Inc. (NASDAQ: CXAI), Marvell Technology, Inc. (NASDAQ: MRVL).

Key Points:

A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.
The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies.
Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak.
This potent combination empowers healthcare and life sciences organizations to navigate the complexities of data and system interoperability with unprecedented efficiency.

First for Japan as SoundHound AI’s Voice Assistant With Integrated ChatGPT Launches in Stellantis DS Automobiles

Retrieved on:

Monday, March 25, 2024

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its voice assistant with integrated ChatGPT will be the first to go into vehicles in Japan.

Key Points:

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its voice assistant with integrated ChatGPT will be the first to go into vehicles in Japan.
SoundHound Chat AI Automotive became the world’s first in-vehicle voice assistant with integrated generative AI when it hit the market in April 2023 .
It will be available in Stellantis DS Automobiles in Japan starting this month.
This assistant – which DS Automobiles has named Iris – will allow drivers and passengers to use hands-free voice control to unlock a vast range of information and updates.

Ayvens Reaches Frame Agreement with Stellantis to Buy Up to 500,000 Vehicles, Making Sustainable Mobility an Easy Choice for All

Retrieved on:

Monday, February 26, 2024

Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.

Key Points:

Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.
One of the shared priorities will be integrating Stellantis’ innovative range of sustainable vehicles to support Ayvens’ multi-brand strategy.
Carlos Tavares, CEO of Stellantis: “I am thrilled to announce a new ground-breaking agreement with Ayvens, which will aid the progressive transition of Ayven’s client base to choosing more sustainable mobility options.
By purchasing Stellantis vehicles with state-of-the-art propulsion, including battery electric vehicles, the agreement aligns with Ayvens’ PowerUP 2026 strategic plan to facilitate a progressive transition to sustainable mobility.

SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4

Retrieved on:

Thursday, February 29, 2024

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 2023.

Key Points:

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 2023.
View the full release here: https://www.businesswire.com/news/home/20240229968938/en/
SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4 (Graphic: Business Wire)
“This was a breakthrough year in which SoundHound rapidly integrated powerful new generative AI capabilities.
Our real-world voice AI applications are already live and driving consumer engagement across vehicles, devices, and customer service businesses,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI.
“We also acquired SYNQ3, establishing SoundHound as the largest voice AI provider for restaurants.

Global First As SoundHound AI’s Voice Assistant With Integrated ChatGPT Goes Into Full Production with Stellantis DS Automobiles; In-Car Usage Sees Huge Growth

Retrieved on:

Wednesday, February 21, 2024

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its voice assistant with integrated ChatGPT will be the first to go into full production with an international automaker.

Key Points:

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its voice assistant with integrated ChatGPT will be the first to go into full production with an international automaker.
SoundHound Chat AI for Automotive was the first generative AI-enabled in-vehicle voice assistant on the market in April 2023 , and will be available in Stellantis DS Automobiles starting next month, less than a year later.
The most sophisticated assistant available today, Iris can respond to a vast range of questions from hundreds of real-time domains, as well as large language models like ChatGPT.
“In piloting SoundHound Chat AI with automakers, we’ve been blown away by consumer enthusiasm as demonstrated by the huge increase in engagement with the voice assistant.

SIXT and Stellantis Reach Agreement for the Purchase of Up to 250,000 Vehicles, Laying the Foundation for Further Global Expansion

Retrieved on:

Tuesday, January 16, 2024

CO2, Fiat, BEV, Maserati, Partnership, Dodge, DS Automobiles, Car, Alfa Romeo, Ram, Ecosystem, Peugeot, Software, Carbon, Telemetry, Opel, Lancia, SUV, Data as a service, Growth, Car rental

First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.

Key Points:

First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.
SIXT rental customers will benefit from an attractive choice of vehicles of Stellantis award-winning brands including Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Opel, Peugeot, Ram, Vauxhall and Maserati.
This will allow SIXT to streamline handling at branches benefiting customers with even faster processing and even better vehicle availability.
This agreement with a progressive, full-range partner underscores our promise to provide our customers with the best choice for all their mobility needs.

SIXT and Stellantis Reach Agreement for the Purchase of up to 250,000 Vehicles, Laying the Foundation for Further Global Expansion

Retrieved on:

Tuesday, January 16, 2024

First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.

Key Points:

First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.
This will allow SIXT to streamline handling at branches benefiting customers with even faster processing and even better vehicle availability.
This agreement with a progressive, full-range partner underscores our promise to provide our customers with the best choice for all their mobility needs.
Stellantis is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

SoundHound AI Reports Record Third Quarter, Revenue Increases to $13.3 Million, Adjusted EBITDA Improves 57% Year Over Year

Retrieved on:

Thursday, November 9, 2023

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter of 2023.

Key Points:

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter of 2023.
The financial data presented in this press release should be considered preliminary until the company files its 10-Q.
View the full release here: https://www.businesswire.com/news/home/20231109631031/en/
SoundHound AI Reports Record Third Quarter, Revenue Increases to $13.3 Million, Adjusted EBITDA Improves 57% Year Over Year (Graphic: Business Wire)
“Our third quarter was another milestone for revenue, and at the same time marked a significant ramping up of our business,” said Keyvan Mohajer, CEO and Co-Founder of SoundHound AI.
“SoundHound Chat AI became the first ever voice assistant with generative AI capabilities to go live in European vehicles, and well-known restaurant brands are embracing our voice technology to alleviate pressure and delight consumers.

Aspen Aerogels, Inc. Announces Additional EV Thermal Barrier Commercial Award and Provides Update on U.S. Department of Energy Loan Application Status

Retrieved on:

Tuesday, December 5, 2023

Insulator (electricity), NYSE, Peugeot, Car, Maserati, ACC, Fiat, Alfa Romeo, Wesley Leasy, DS Automobiles, Mercedes-Benz, ASPN, Lancia, DOE, Opel, EV, LPO, Letter, Ram, Jeep, Dodge, Abarth, Aspen, Stellantis

NORTHBOROUGH, Mass., Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a commercial award for its PyroThin® EV Thermal Barrier segment and provided an update on its application for a loan through the U.S. Department of Energy Loan Programs Office.

Key Points:

NORTHBOROUGH, Mass., Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a commercial award for its PyroThin® EV Thermal Barrier segment and provided an update on its application for a loan through the U.S. Department of Energy Loan Programs Office.
Aspen announces an additional PyroThin vehicle platform award from The Automotive Cells Company ("ACC"), a battery cell joint venture between Stellantis N.V., Saft-TotalEnergies and Mercedes-Benz, to supply the Stellantis STLA Medium vehicle platform with an expected start of production in 2025.
This application is in connection with the construction of Aspen's planned second aerogel manufacturing facility in Georgia.
"The European market will drive a meaningful portion of our revenues over the next few years as we maximize our existing assets and commercial arrangements."