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AI Eye Podcast 701: Stocks discussed: (NYSE: DHX) (OTC: SMKG)

Vancouver, Kelowna, Delta, BC – June 2, 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.

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AI Eye Podcast 701: Stocks discussed: (NYSE: DHX) (OTC: SMKG)

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Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:DHX) (OTC:SMKG)

DHI Group, Inc. (NYSE:DHX) has announced that the United States Patent & Trademark Office has issued a patent for the taxonomy incorporated in its Dice service. The Dice’s taxonomy, according to the press release, is a vital piece of the company’s IntelliSearch, “the artificial intelligence and machine-learning algorithm used to increase the efficiency for Dice clients in searching for qualified candidates.” Art Zeile, CEO of DHI Group, Inc., which is the parent company of Dice, said:

“The power of the taxonomy skills mapping, which is the heart of our matching technology, brings incredible efficiency to recruiters sourcing for technologists and technology professionals looking for ideal career opportunities. The newly acquired patent validates the proprietary nature of our data model, which DHI has spent a decade creating and perfecting. Our ability to connect the necessary skills for a technology position with a client’s job requirements is unmatched and will only get better in time with further advancements in artificial intelligence, machine learning and engagement of our products.”

Smart Card Marketing Systems Inc. (OTC:SMKG) has announced the implementation of RegTech Artificial Intelligence with its PayTech and Fintech solutions, allowing it to further enhance its Chat Bot AI technology. This comes as a consequence of the company’s recently entering into a confidential vendor agreement. SMKG’s CEO, Massimo Barone, said:

“An exciting step forward in Regulatory Compliance with Artificial Intelligence. This extension with our platforms and expansion of our services to the Financial Industry will provide monitoring and underwriting with a new analytical tool for both self-assessment and 3rd party verifications and monitoring.”

Global AI in Retail Market to Reach $36.46B by 2030

A report published by Research and Markets finds that the global AI in Retail market is projected to grow from $1.71 billion USD in 2021 to $36.46 billion by 2030, registering a compound annual growth rate (CAGR) of 40.5 percent in the forecast period. An excerpt from the report’s description explains the factors influencing the market’s growth:

This is because retailers are using AI to offer personalized services and product recommendations and predict consumer behavior. AI is also being leveraged by e-commerce platforms for accurate demand forecasting, supply chain planning, and real-time customer intelligence gathering.

Sam Mowers, Investorideas.com

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