Vancouver, Kelowna, Delta, BC – June 22, 2022 (Investorideas.com Newswire) 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 707: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $HPE)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:HPE)
GBT Technologies Inc. (OTC PINK:GTCH) has received approval for Fast Track processing for its Long Range Radio continuation patent application, codenamed “Infinia” – filed on May 4, 2022 – which seeks to protect data and voice communication systems. Danny Rittman, the company’s CTO, explained:
“We requested to expedite our Infinia continuation application as we believe that it can be an extraordinary solution for civil and military purposes. Infinia is designed to be an efficient system to operate in any weather and terrain conditions, governed by AI technology. Once fully developed, we plan to pursue various markets including remote telemedicine, global communication and rescue services. In parallel, we are working to build a GEN II prototype that will include AI technology with the goal of creating an intelligent, long range communication solution. The Infinia continuation application covers AI controlled data and voice communication to establish clear, reliable HF radio communication, at all times.”
Hewlett Packard Enterprise Company (NYSE:HPE) has invested in AI firm TruEra, through its venture capital program, Hewlett Packard Pathfinder. TruEra’s solutions, according to the press release, “help ML teams explain, evaluate and test the performance, risk and responsible AI characteristics of models in the development phase, and then monitor their live use to ensure rapid debugging and optimal ongoing performance.” Ali Wasti, Managing Director, Hewlett Packard Pathfinder, said:
“AI model quality and ML Ops have emerged as considerable challenges for enterprises deploying and scaling machine learning models. Solving these challenges is imperative for AI success, and TruEra stands out for its deep expertise, differentiated technology and practical experience helping companies deliver and monitor AI applications.”
Global AI in Life Sciences to Reach $6.7B by 2030
A report published by Precedence Research finds that the global AI in Life Sciences market is projected to grow from $1.3 billion USD in 2021 to $6.7 billion by 2030, registering a compound annual growth rate (CAGR) of 20 percent from 2022-30. An excerpt from the report’s description outlines some of the ways AI is employed in the Life Sciences market:
Penetration of Artificial Intelligence (AI) and Machine Learning (ML) in life science has proved to be a tipping point for the industry’s growth. The integration of AI and ML in life sciences, along with its fast adoption by life sciences companies, has made drug discovery easier and faster compared to traditional approaches.
AI allows the interpreting and processing of large sets of data and helps in designing the right structure of drugs coupled with correct predictions for toxicity, bioactivity, and physicochemical properties. In addition, AI along with ML helps in distinguishing the image characteristics that are unable to be done by the human brain. Moving forward, AI can also be helpful in the diagnosis of critical diseases such as heart disease, cancer, and diabetes. By early diagnosis of critical or life-threatening diseases, people can adopt necessary and preventive measures to cure the disease and enjoy a longer and healthier life.
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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