Point Roberts, WA and Vancouver, BC – June 9, 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 566: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $AI) (NYSE: $SNOW)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:AI) (NYSE:SNOW)
GBT Technologies Inc. (OTC PINK:GTCH) is pursuing the adaptation of its xCalibre image analysis to post-process health related imaging data with the goal of detecting potential issues and providing higher accuracy diagnostics. CTO Danny Rittman explained:
“We intend to develop our xCalibre system using our proprietary computational geometry algorithms to scan, pixelate and analyze a very high-resolution image. We believe our AI technology could make it a potential intelligent assistant for medical professionals in a wide variety of health fields. For example, as an assistance in X-RAYS or Ultrasound images. Another example can be a CT or MRI imaging analysis. Our goal is to implement xCalibre to post-process images of MRI, X-RAY, Ultrasound and CT, analyzing for suspicious abnormalities. xCalibre is capable of vast amounts of data handling, which enables rapid imaging analytics. We believe that such a system can be a great asset for medical professionals providing what is expected to be precise image analytics assisting with accurate diagnostics.”
C3.ai, Inc. (NYSE:AI) has partnered with cloud computing-based data warehousing company Snowflake Inc. (NYSE:SNOW), allowing the latter’s users access to the C3 AI Suite and pre-built C3 AI applications that address a range of industries and enterprise AI use cases. According to the press release, “C3 AI helps speed enterprise AI deployments for Snowflake customers by unifying Snowflake’s data, platform, and ML services through a model-driven, reusable, and extensible object system to accelerate development of a new generation of enterprise apps.” Houman Behzadi, president and Chief Product Officer of C3 AI, said:
“This partnership brings together two leading technology providers – giving customers best-in-class data architecture and management, combined with the transformational power of enterprise AI applications. Ultimately, this partnership will create significant time and operational efficiencies for Snowflake’s customers and solidify Snowflake as the operational data platform of choice for enterprise AI applications.”
Virtual Assistant Market to Grow by $4.12B from 2021-2025
A report published by Technavio finds that the Virtual Assistant Market is projected to grow by $4.12 billion from 2021 to 2025 with a compound annual growth rate (CAGR) of 11.79 percent in the forecast period. Some key market drivers identified in the report include the trend that “many businesses are adopting virtual assistance to provide a better experience and deliver real-time insights which will help enterprises and businesses improve the accuracy of their responses,” and that “people with learning disabilities are increasingly adopting virtual assistants for easy access to website content.”
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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