Point Roberts, WA and Vancouver, BC – July 2, 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 575: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $NICE)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:NICE)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is evaluating and testing a hybrid solution for an efficient, long range coverage for its Infinia Long Range radio system. Using a combination of HF and VHF/UHF radio, controlled by AI software, the company aims “to provide an efficient and reliable solution for voice and data signals without relying on any supporting infrastructure.” GBT’s CTO Danny Rittman explained:
“This type of radio technology, once developed, can potentially be an essential for military, medical and emergency services. Particularly in remote areas where traditional communication infrastructure is not available. A neural network-based control software combines these two frequency bands, creating a possible solution to enable an efficient, reliable and long-range voice and data communication. In addition, using our AI empowered inter-band methodology will increase the signal’s security and privacy. We plan to conduct a massive evaluation of this type of technology during the next few months targeting remote locations, secured, reliable Long-Range communication.”
NICE Ltd. (NasdaqGS:NICE) has unveiled a Robo Ethical Framework promoting responsibility and transparency in the design, creation and deployment of AI-powered robots. The Framework consists of a set of five guiding principles, namely that: Robots must be designed for a positive impact, Robots are free of bias, Robots must safeguard individuals, Robots must be driven by trusted data sources, and Robots must be designed with holistic governance and control. Barry Cooper, President, NICE Workforce & Customer Experience Group, said:
“We are at an exciting time in history where with the support of AI-driven smart robots, the human workforce can deliver brand-differentiating, next-gen CX. NICE is proud to take the lead in ensuring the use of robots for the betterment of humankind, articulating the ethical principles that act as guidelines for the development of our own AI-driven innovations and, through this framework, across the RPA field. Our industry’s first robo-ethical framework reflects our commitment to this effort, and we urge industry leaders to join us.”
AI in Education Market to Grow $557.03M from 2021-2025
A report published by Technavio finds that the market for AI in Education will grow by $557.03 million from 2021-2025 with a compound annual growth rate (CAGR) of 41.09 percent. While the report indicates that “38% of the market’s growth will originate from North America during the forecast period,” it identifies Europe and APAC as the fastest-growing regions. An excerpt from the report snapshot reads:
The growing emphasis on customized learning paths using AI is notably driving the artificial intelligence market in the education sector growth, although factors such as high cost associated with AI may impede market growth.
Sam Mowers, Investorideas.com
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