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AI Eye Podcast Episode 572: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBM)

GBT Files Patent Application for IC Design Correction, and IBM Announces New AI Tech for Wimbledon

 

Point Roberts, WA and Vancouver, BC - June 23, 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 Episode 572: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBM)

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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM)

GBT Technologies Inc. (OTC PINK:GTCH) has filed a provisional patent application for Integrated Circuits automatic design rule correction system and method, which aims to protect IP for automatic correction of manufacturing process geometrical design rules violations in microchips layout data. The company's CTO Danny Rittman said:

"This type of system is a significant productivity enhancer tool within IC's design flow and will majorly reduce the global layout design time and chip's overall time to market factor. In addition, microchips will be able to be made smaller, which increases the silicon yield enabling much higher profit margin. Project's design time will shrink and fabless IC design firms will be able to design more advanced chips in less time. We strongly believe that this technology will make a major impact in this arena and now working on a nonprovisional application as also on future development of such commercial EDA tools."

IBM (NYSE:IBM) is announcing new Watson and Cloud-based technologies to enhance the highly-personalised, fan experience available on Wimbledon.com and the Wimbledon apps along with the All England Lawn Tennis Club (AELTC). This includes IBM Power Rankings, a Watson AI-powered analysis of player performance, and Pre-Match Insights featuring an 'In the Media' section that leverages IBM Watson Discovery to create a custom news archive by leveraging natural language processing (NLP). Kevin Farrar, UK Sports Partnership Lead, IBM UK, said:

"For over 3 decades, IBM has helped develop and deliver innovative & engaging digital fan experiences for Wimbledon. With reduced capacity on-site at Wimbledon this year, digital engagement is more important than ever, and by leveraging AI and hybrid cloud technologies, fans can get the experiences they are used to - no matter where they watch the tournament."

Global AI in Manufacturing Market to Grow by $7.87B from 2021-2025

A report published by Technavio finds that the global market for AI in Manufacturing will grow by $7.87 billion and register a compound annual growth rate (CAGR) of 28 percent from 2021-2025. Key drivers identified in the report include the demand for automation to improve productivity in emerging growth regions, which offer immense business opportunities. A challenge to the market's growth, however, is the integration of new technologies. While the report identifies the US as the key region for the market's growth, 38 percent will originate from APAC during the forecast period.

Sam Mowers, Investorideas.com

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