DeNA Co., Ltd. Partnered with Preferred Networks, Inc. an Artificial Intelligence company
Tokyo: A Nintendo partner, DeNA Co., Ltd., a
smartphone game providing company partnered with Preferred Networks, Inc., a US based artificial intelligence
company to form a new joint entity named, PFDeNA
Inc. The joint-venture company is equally shared by both companies (50:50),
and would be led by DeNA Chief Executive.
PFDeNA
Inc. would allow DeNA to strengthen their product portfolio in games,
healthcare and automotive segment using artificial intelligence technology,
while allowing Preferred Networks to leverage greater resources to strengthen
their market position. Further, the partnership would provide boost to rising focus
of Nintendo in smartphones games in the near coming future.
TechSci
Research depicts that the growing demand for artificial intelligence in various
applications, such as speech recognition, gesture control, cybersecurity, etc.
across industries has paved path for the companies to invest and provide the
artificial intelligence services to strengthen their product portfolio.
According
to the recent report published by TechSci
Research, “United
States Artificial Intelligence Market, By Application (Speech
Recognition, Image Recognition, etc.), By Region, and By End User (Consumer Electronics,
Security & Access Control, etc.) Competition Forecast & Opportunities,
2011-2021”, the market
for artificial intelligence in the US is projected to grow at a CAGR of around
75% during 2016 - 2021. Growing trend of integration of video surveillance with
artificial intelligence for video analysis, coupled with rising government
spending on cyber security solutions integrated with real time analytics and
artificial intelligence is expected to boost artificial intelligence market in
the United States over the next five years.