Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications
Message: The rapid growth of AI...I think Suresh called it a Mega Trend
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When the Special Meeting was scheduled without any details of what it was for my initial thought was that POET might be looking at a business relationship with Inorganic Intelligence especially when considering all the existing management overlap and the very high level of experience of the team assembled (thanks ITTR of the due diligence).
https://www.linkedin.com/in/yangjin-ma-21267662/ (Former Elenion, aquired by Nokia)
https://www.linkedin.com/in/jianying-zhou-a9b29729/ (Fromer NeoPhotonics, Oclaro, and Finisar)
https://www.linkedin.com/in/philipwinterbottom/ (Former Nokia)
https://www.linkedin.com/in/richardbagley/ (Former AMD and NVIDIA)
https://www.linkedin.com/in/ties-bos-b1197b4/ (Former Nokia and Ericsson)
https://www.linkedin.com/in/jonathan-sweedler-4251b0101/ (Former NVIDIA and Intel)
https://www.linkedin.com/in/norm-rubin-b416901/ (Former NVIDIA and amd)
The global artificial intelligence market size was valued at USD 39.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 42.2% from 2020 to 2027. The continuous research and innovation directed by the tech giants are driving the adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing. However, technology has always been an essential element for these industries, but AI has brought technology at the center of the organizations. For instance, from self-driving vehicles to crucial life-saving medical gear, AI is being infused virtually to every apparatus and program. AI is proven to be the significant revolutionary element of the upcoming digital era. Tech giants like Amazon.com, Inc.; Google LLC; Apple Inc.; Facebook; International Business Machines Corporation; and Microsoft are investing significantly in the research and development of AI. These companies are working for making AI more accessible for enterprise use-cases.
https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market
https://www.fortunebusinessinsights.com/industry-reports/artificial-intelligence-market-100114
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