Natural Language Processing

Report Forecasts Major Growth in Global Natural Language Processing Market

Report Forecasts Major Growth in Global Natural Language Processing Market

Fortune Business Insights (FBI) has released a new report that predicts that the global market for Natural Language Processing (NLP) technology will reach $80.68 billion by 2026. That number reflects a CAGR of 32.4 percent, based on a 2018 market valuation of $8.61 billion. FBI credits the anticipated growth to big data, and the need to…

Baidu and Samsung Move New AI Chip Into Mass Production

Baidu and Samsung Move New AI Chip Into Mass Production

Samsung and Baidu have officially completed the development phase of their new AI accelerator and are now preparing to move the chip into mass production. Dubbed the Baidu KUNLUN, the chip blends Baidu’s proprietary cloud, edge and AI XPU with 14-nanometer Interposer-Cube (I-Cube) technology from Samsung. The result is a chip with a memory speed…

CloudMinds Launches Robot Rental Program

CloudMinds Launches Robot Rental Program

CloudMinds is launching a new rent-a-robot program that will make it easier for customers to get their hands on cloud-based service robots. The Smart Robots available to customers have a humanoid design and natural language processing (NLP) capabilities that will facilitate conversations and other interactions in multiple languages. The service seems to be geared primarily…