Point Roberts, WA and Vancouver, BC – June 11, 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 567: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $MSI)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:MSI)
GBT Technologies Inc. (OTC PINK:GTCH) has been approved for its System for Award Management (SAM) registration, allowing it to conduct business with the US government contractors and/or sub-contractors. CEO Mansour Khatib explained:
“We are glad to announce the receipt of an active registration notice from SAM which means an approval to conduct business with the US government agencies, contractors and suppliers. GBT has extensive knowledge and experience in advanced technological arenas, among them IoT, tracking, health and Artificial Intelligence. We believe that our technologies can be very appealing for government contracts offering efficient solutions for military, global emergency response, national security, and intelligent image/video processing. We believe our products are situated to provide global, intelligent telemedicine capabilities around the globe through the provision of health services to the most remote locations in the world. We are proud to be approved in the SAM system and will continue pursuing GSA approval, with the goal of offering essential technologies within government business.”
Motorola Solutions, Inc. (NYSE:MSI) has announced Concealed Weapon Detection (CWD), an advanced sensor and AI-powered scanning solution, as the newest addition to its video security and analytics portfolio. John Kedzierski, senior vice president, Video Security & Analytics at Motorola Solutions, said:
“Through the use of AI, we are automating and unifying workflows to better protect people against the threat of violence. Concealed Weapon Detection is an excellent example of how technology can help enterprises prevent threats from turning into tragedies.”
AI in Computer Vision Market to Reach $51.3B by 2026
A report published by Markets and Markets finds that the global AI in Computer Vision market will grow from $15.9 billion in 2021 to $51.3 billion by 2026, with a compound annual growth rate (CAGR) of 26.3 percent in the forecast period. An excerpt from the report’s description reads:
The growing need for quality inspection and automation, increasing demand for computer vision systems in non-traditional and emerging applications, and rising need for ASICs are the key factors driving the growth of the market. Likewise, government initiatives to support industrial automation and integration of AI into the edge devices are expected to create lucrative opportunities for the players in the AI in computer vision market. However, rising security concerns related to cloud-based image processing and analytics are expected to restrain 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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