Vancouver, Kelowna, Delta, BC – May 25, 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 699: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBM)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM)
GBT Technologies Inc. (OTC PINK:GTCH) has filed a continuation patent application for its data and voice communication system, codenamed “Infinia”. According to the press release, “the continuation application covers High Frequency (HF) radio communication through ionospheric propagation environments to reach very long distances,” whereas “the original patent covers innovative AI technology to overcome skip zones.” Danny Rittman the company’s CTO, explained:
“We filed a continuation application for our Infinia long range radio system, in parallel to its nonprovisional application, as we believe that it can be an extraordinary solution for civil and military applications. Infinia is designed to operate in any weather and terrain conditions governed by AI algorithms. Once fully developed, we plan to pursue various markets including global military communication systems, remote telemedicine and rescue services. In parallel, we are working on a GEN II prototype that will include AI technology to create an intelligent, long range communication solution. The GEN I prototype has already successfully passed vigorous short and long-distance testing. The Infinia continuation application covers data and voice communication managed via AI algorithms to establish continuous, reliable HF radio communication, at all times. We consider our Infinia project one of our major IPs and plan to further research and develop it during 2022.”
IBM (NYSE:IBM) has announced a strategic collaboration with AI-dedicated research university Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). This collaboration aims at “advancing fundamental AI research, as well as accelerating the types of scientific breakthroughs that could unlock the potential of AI to help solve some of humanity’s greatest challenges.” Saad Toma, General Manager, IBM Middle East and Africa, said:
“This collaboration will help drive innovations in AI which is critical for the future of business and society. We’re bringing together some of the brightest minds across both the industry and academia, while reinforcing IBM’s commitment to promoting knowledge and skills in critical areas for the UAE’s development, where the use of technologies like AI is fundamental.”
Global AI in Marketing Market to Reach $31.72B by 2026
A report published by Technavio finds that the global market for AI in Marketing will reach $31.72 billion USD by 2026, registering a compound annual growth rate (CAGR) of 26.84 percent in the forecast period 2021-26. The report’s summary identifies “the rise in adoption of cloud-based applications and services,” and “the increasing digitalization and internet penetration,” as key factors driving the market. However, “the lack of skilled professionals,” is cited as a possible restraint to market growth.
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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