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Posts tagged natural language processing

ABI Research States That Over 2 Billion Devices Will be Shipped with a Dedicated Chipset for Ambient Sound or Natural Language Processing By 2026

Advancements in Natural Language Processing (NLP) technologies and edge Artificial Intelligence (AI) chipsets are now enabling sound processing technologies to be integrated at the end-device level, which could mitigate security and privacy concerns while ensuring enabled services can be delivered consistently without interruption.

TechnologySheridan LePlattSeptember 22, 2021natural language processing, sound processing

Global AI Insurance Premiums to Exceed $20 Billion by 2024, Juniper Research Says

New data from Juniper Research forecasts that the value of AI underwritten insurance premiums will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019. This growth will be driven by streamlined underwriting processes, faster customer onboarding and reductions in operational costs enabled by AI.

Nate FisherAugust 13, 2019Juniper Research, AI insurance, artificial intelligence, automotive OEMs, vehicle insurance, natural language processing