Vancouver, Kelowna, Delta, BC – June 28, 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 708: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGM: $SOUN)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NasdaqGM:SOUN)
GBT Tokenize Corp. (GTC), a joint venture that is 50 percent owned by GBT Technologies Inc. (OTC PINK:GTCH), has completed phase one of its intelligent soccer game analytics and score prediction platform. According to the press release, GTC employed a development team of experts in soccer sport statistics and analysis domains for the purpose of developing a software system with the internal code name: smartGOAL. Danny Rittman, GBT’s CTO, explained:
“The more information the system is trained with, we believe the more accurate the predictions and analysis will be. One of our joint venture companies, GTC, aimed to evaluate machine learning-driven applications in various fields, among them are entertainment, media and sports. We believe smartGOAL is an intelligent application that has the ability to change the world’s soccer field when it comes to analytics and game score predictions.”
SoundHound AI, Inc. (NasdaqGM:SOUN) has partnered with global digital transformation services company DMI to develop “superior driver experiences through the integration of SoundHound’s advanced voice AI platform with DMI’s Edge-to-Cloud solutions.” This, according to the press release, aims to “provide clients with an out-of-the-box solution to bring voice recognition and conversational AI into the vehicle.” Matt Anderson, Director of Business Development at SoundHound, commented:
“Our partnership with forerunners DMI will help connect SoundHound technology with auto manufacturers of all sizes that are looking to deliver the voice-enabled experience drivers and their passengers are beginning to expect. This technology also allows OEMs to plug directly into a broader connected ecosystem, opening up new revenue opportunities while delivering a best-in-class conversational technology that feels natural and intuitive.”
Global AI in Fintech Market to Reach $113.9B by 2031
Research published by ReportLinker finds that the global AI in Fintech market is projected to grow from $8.4 billion USD in 2021 to $113.9 billion by 2031, registering a compound annual growth rate (CAGR) of 29.8 percent in the forecast period. An excerpt from the report’s summary indicates some key factors driving the market’s growth:
Some of the primary driving drivers for the market are changing technologies, which are enhancing financial service providers’ business processes, as well as increasing internet penetration and availability of spatial data. Banks and fintech have profited from AI and machine learning because they can process large amounts of data on clients. This data and information are then compared to arrive at conclusions about what services/products clients want, which has benefited in the development of customer relationships.
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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