Point Roberts, WA and Vancouver, BC – August 13, 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 591: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGM: $VERI)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NasdaqGM:VERI)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is implementing advanced AI big data analytics methods for Kirlian research results, with the aim of finding potential correlation with health information. Danny Rittman, the company’s CTO, explained:
“Our AI technology will be used for big data processing to detect anomalies within Kirlian images. We’ll look for unusual occurrences, unique patterns, and will create data graphs and categories. The system will define appropriate data ranges and boundaries.
Anything outside of that range will be flagged as an anomaly that needs to be further investigated. Based on detected information the system will attempt to correlate health data with imaging findings. Finally, the system, if and once developed, will suggest a probability of a predicted future outcome according to found repetitive patterns. Using big data AI technology, we’ll evaluate a possible implementation of this technology within our future qTerm releases to enable and further health related advisory systems. We strongly believe that this research has the potential to offer extraordinary vital health related information and implementing our AI big data techniques will be a major factor for its success.”
Veritone, Inc. (NasdaqGM:VERI) has announced that its AI Object Notation (AION) has been registered as a standard internet media type for the storage and transmission of cognitive AI data by the Internet Assigned Numbers Authority (IANA). According to the press release, AION aims to increase the adoption of Veritone’s aiWARE operating system for artificial intelligence and “accelerate deployment of AI-powered solutions by enterprise AI, MLOps, and ModelOps teams.” The company’s CEO, Chad Steelberg, said:
“AI Object Notation reflects our commitment to a true AI operating system that accelerates the operationalization of AI and ML across the enterprise. With the recent public registration of this cognitive AI media type, developers can trust Veritone to make their lives easier with a universal way to program to any AI model deployed on the aiWARE platform or anywhere this media type is used.”
Global AI in Transportation Market to Reach $44.8B by 2026
A report published by Market Research Future finds that the global AI in Transportation market will grow from $18.5 billion in 2020 to $44.8 billion by 2026 with a compound annual growth rate (CAGR) of 17.5 percent in the forecast period. An excerpt from the report’s description outlines trends impacting the growth of the market:
The AI in transportation market is driven by factors that comprise increasing adoption to enhance driver and vehicle safety, and the rising need for enhanced operational efficiency. Additionally, the increasing demand for AI solutions in railway cargo transportation is opening new doors of opportunity for industry players to innovate and expand their business to the next level. However, factors such as the high costs of implementation and the lack of skilled workforce are hindering the market’s 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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