Vancouver, Kelowna, Delta, BC – March 16, 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 – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).
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AI Eye Podcast 671: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $CMG)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:CMG)
GBT Technologies Inc. (OTC PINK:GTCH) has filed a non-provisional patent application for its long range, intelligent radio system, codenamed Infinia. According to the press release, the Infinia system employs AI “to overcome long range HF radio major challenges including skip zones, where there is no reception.” GBT’s CTO, Danny Rittman, explained:
“Our Infinia long range, intelligent radio technology is designed to sustain rough weather and terrain. For example, once commercialized we intend to target remote area tele-medicine, emergency services, rescue, and all terrain military communication. We also believe another large market segment is the tracking and IoT domains which we believe the Infinia can be of a great success due to its reliability and robust cybersecurity capabilities. When developed, the main system’s advantage will be to provide an intelligent solution to overcome dead zones, which is the main obstacle for HF based systems. The non-provisional patent aims for a comprehensive IP protection of the Infinia voice and data communication along with its machine learning algorithms and methodologies. As we also develop the Infinia system we successfully completed the GEN I release and we are now working on GEN II that will include machine learning technology. The Infinia technology is aimed to provide a high performance, reliable, secured HF communication solution and we expect it will be able to be used in wide variety of civil and military domains.”
Chipotle Mexican Grill, Inc. (NYSE:CMG) has announced the testing of Chippy, an autonomous kitchen assistant from intelligent automation solutions firm Miso Robotics that leverages artificial intelligence to make tortilla chips. Nevielle Panthaky, Vice President of Culinary, Chipotle, commented:
“Everyone loves finding a chip with a little more salt or an extra hint of lime. To ensure we didn’t lose the humanity behind our culinary experience, we trained Chippy extensively to ensure the output mirrored our current product, delivering some subtle variations in flavor that our guests expect.”
Global Conversational AI Market to Reach $32.3B by 2028
A report published by Brandessence Market Research finds that the global Conversational AI market is projected to grow from $8.24 billion in 2021 to $32.3 billion by 2028, registering a compound annual growth rate (CAGR) of 21.5 percent in the forecast period 2022-28. The following excerpt from the report’s description outlines some key factors influencing the market’s growth:
Enterprises have shifted their focus from customer service via email or messaging to AI-enabled chatbots that help them improve customer experience and engagement. Similarly, enterprises are using AI-powered Chatbots with Natural Language Process (NLP) to organize human-like conversations and provide real-time help to customers. Additionally, the presence of various advantages related to the customer services such as; greater benefits with less workforce, personalization, better customer experience, speedy and perpetual response, direct and multichannel support, accurate customer insights, automated and secured transactions and others are also supplementing the growth of the conversational artificial market.
Sam Mowers, Investorideas.com
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About GBT Technologies Inc.
GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.
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