Vancouver, Kelowna, Delta, BC – January 12, 2023 (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 750: Stocks discussed: (OTCPINK: GTCH) (NYSE: HPE)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
GBT Receives Notice of Publication for Apollo Patent, and HPE Expands AI-at-Scale Offerings with Acquisition of Pachyderm
Stocks discussed: (OTCPINK:GTCH) (NYSE:HPE)
GBT Technologies Inc. (OTC PINK:GTCH) has received a notice of publication for its wireless motion detection and imaging patent with the internal code name “Apollo.” The Apollo patent application “describes a machine learning driven technology that controls radio waves transmissions, analyzes their reflections data, and constructs 2D/3D images of stationary and in-motion objects.” Danny Rittman, GBT’s CTO, explained:
“The system is planned to be produced in the form of an electronic device, with a similar size and shape of a typical home Wi-Fi router, that could be placed in a room to monitor an entire house area. The described system’s range can be easily expanded using repeaters to cover very large areas. We believe the “Apollo” technology could be used in a wide variety of domains such as driver’s sleep detection, intruder detection, airports hidden object detection and person-of-interest facial recognition. We are currently investing R&D efforts to evaluate the concept in the field of obstacle detection and plan to further research into intelligent applications in this area.”
Hewlett Packard Enterprise Company (NYSE:HPE) has announced an expansion to its AI-at-scale offerings with the acquisition of Pachyderm, described in the press release as “a startup that delivers software, based on open-source technology, to automate reproducible machine learning pipelines that target large-scale AI applications.” Justin Hotard, EVP and GM, HPC and AI, at HPE, said:
“As AI projects become larger and increasingly involve complex data sets, data scientists will need reproducible AI solutions to efficiently maximize their machine learning initiatives, optimize their infrastructure cost, and ensure data is reliable and safe no matter where they are in their AI journey. Pachyderm’s unique reproducible AI software augments HPE’s existing AI-at-scale offerings to automate and accelerate AI and unlock greater opportunities in image, video, and text analysis, generative AI, and other emerging large-language-model needs to realize transformative outcomes.”
Global AI in Education Market to Reach $25.77B by 2030
A report published by Prescient & Strategic Intelligence finds that the global market for AI in Education is projected to grow from $2.12 billion USD in 2022 to $25.77 billion by 2030, registering a compound annual growth rate (CAGR) of 36.6 percent in the forecast period. The following excerpt from the report’s description outlines some key factors contributing to the market’s growth:
This is primarily ascribed to the increasing investment in AI technology, the surging demand for personalized education based on AI, and the rising need for automating administrative tasks. After the pandemic, the whole scenario has changed, and many schools across the world have adopted several technologies, such as chatbots, virtual reality (VR), learning management system (LMS), and assigned coursework, to improve their educational processes. Moreover, several service providers are innovating various solutions or services for AI in academics, which link with such platforms.
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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