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AI Eye Podcast 556: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $VERI)

Point Roberts, WA and Vancouver, BC – May 14, 2021 (Investorideas.com Newswire) Investorideas.com (www.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 556: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $VERI)

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Today’s ColumnThe AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:VERI)

GBT Technologies Inc. (OTC PINK:GTCH) has announced the integration of its xCalibre image analysis into Infinia, its long range radio system. The AI-based xCalibre (an internal project name) facilitates the collection and analysis of information in real-time, enabling smart detection and recognition functions with CCTV (Closed Circuit TV) cameras, recorded videos and images. Infinia is described as a “high performance, fully integrated, radio transceiver system that is ideally suited for applications that require long range data and audio communication and network robustness.” According to the press release, “GBT intends to integrate the two systems together to enable real-time image recognition and analysis for remote locations.”

Veritone, Inc. (NasdaqGS:VERI) has announced the launch of MARVEL.ai, described in the press release as “an end-to-end Voice-as-a-Service (VaaS) solution that immediately enables media companies, brands, marketers, celebrities and influencers, many of whom are current Veritone customers and partners, to create, manage, license and monetize hyper-realistic synthetic voices.” Veritone’s President, Ryan Steelberg, explained:

“Veritone MARVEL.ai is a natural extension of our expertise in artificial intelligence, digital content licensing and audio advertising. By offering the most advanced synthetic voice models and supporting both text-to-speech and speech-to-speech processes, Veritone MARVEL.ai is setting the standard for the synthetic content ecosystem. Whether you’re a media company, brand, or an influencer, celebrity or athlete, the ability to easily create custom, authentic voices means that Veritone MARVEL.ai is a true game-changer for the media and entertainment industries.”

Global Neural Network Software Market to Reach $78.9B by 2026

A report published by Research and Markets finds that the global Neural Network Software market will grow from $25.5 billion in 2021 to $78.9 billion by 2026 with a compound annual growth rate (CAGR) of 25.4 percent in the same forecast period. An excerpt from the report’s summary reads:

Major factors that drive the market growth of the Global Neural Network Software Market are increasing adoption of IoT and connected devices, preference towards cost-efficient managed services, and easy availability of various analytical tools and spatial data coupled with increasing industrial automation across the sectors. Also, the trend towards predictive and prescriptive analytics passing over descriptive analytics is driving the growth of the neural network software market. Furthermore, rising adoption of wireless connectivity technologies including 3G and 4G technology in developing economies such as India, China, etc. and great efforts made by developed countries for rolling out 5G in the coming years are also the major factors that help in boosting the growth of the target market over the forecast period.

Sam Mowers, Investorideas.com

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