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Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)

 

Point Roberts, WA and Delta, BC - October 30, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global news source covering Artificial Intelligence (AI) releases a podcast interview with AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH). Danny discusses how his company's Avant! Self learning AI technology is evolving and taking on the giants in the sector with some of its unique capabilities.

Danny, as an expert in AI working with some of the biggest companies in the sector, shares his thoughts on the global race for AI and how the U.S. can take a leading role.

Danny is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2018/102818-AI-GOPH-IBM.mp3

#AI Industry Podcast: Gopher's ( OTCQB: $GOPH) AVANT! and IBM ( $IBM) #Watson - The Evolution Race of AI in the US and Globally

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Research published in the Daily Telegraph earlier this month indicates that China leads the U.S. in AI and machine learning investment for 2018.

Out of around $14bn (£10.6bn) worth of AI investments made by the biggest eight US and Chinese tech companies this year, Chinese firms such as Baidu (NasdaqGS:BIDU), Alibaba (NYSE:BABA), Ant Financial and Tencent (OTC:TCEHY) have taken a clear lead.

Collectively, the four big Chinese groups have been involved in $12.8bn of the total, according to data compiled by Pitchbook, a financial data firm.

In contrast, their four biggest US rivals - Alphabet (NasdaqGS:GOOG), Amazon (NasdaqGS:AMZN), Apple (NasdaqGS:AAPL) and Facebook (NasdaqGS:FB) - have been part of deals in AI totalling just $1.7bn…

Rittman however, contended that U.S. companies like IBM (NYSE:IBM), Intel (NasdaqGS: INTC) and Qualcomm (NasdaqGS: QCOM) will continue to lead in innovation as the rest of the world rapidly joins in the sector.

"I do foresee that the U.S. will maintain leadership - especially companies like IBM, Intel, Google, Qualcomm etc. These guys will [continue to] lead the world," he said, "but it will definitely spread to the rest of the world and the same is true of the budget. I foresee billions of dollars going into the AI domain in the next decade."

This view is supported by Intel's recent hosting of an IoT forum in Taiwan "attracting the participation of major IPC players including Advantech, Adlink Technology, Aaeon, IEI Integration and Nexcom and over 200 partners, sharing their latest technologies and outlook as well as demonstrating their new products."

Dr. Rittman's example of Qualcomm also appears to hold water when one considers their newly launched Snapdragon™ 675 Mobile Platform. According to its press release, the new platform combines cutting-edge image and voice recognition with improved security features and also boasts support from independent software vendors.

The multi-core AI Engine is designed to improve mobile devices' ability to acquire information and become the ultimate personal assistant by capturing photos and videos, learning and adapting to a user's voice, and optimizing battery life. Through heterogeneous computing, the Hexagon DSP, Adreno GPU, and Kryo CPU - are engineered to work cooperatively to run AI applications on-device faster and more efficiently. Additional AI use cases supported on Snapdragon 675 include camera (scene and object detection, image style transfer, portrait relighting), security (face unlock, payment security), voice and translation. Global ISVs also support the platform including Megvii (Face++), NetEase, SenseTime, Thundersoft, and Trio.AI.

As Dr. Rittman's said about his own company, Gopher Protocol, Inc. (OTCQB: GOPH), their Avant! AI system offers something distinct in the space. "Avant! has one unique thing that no one currently has," he said. "Avant! evolves on its own. That means Avant! learns. It can learn from its experience or it can learn from other experience - a human database or an internet database."

Dr. Rittman explained how the Avant! AI engine becomes aware of gaps in its own knowledge, and will independently learn as a form of self improvement.

"Avant! can reach conclusions that it needs to gain more knowledge in a specific domain or a topic," he said. "Then, Avant! will go on its own - since it's currently basically an independent entity - and will learn. While it's busy answering our questions, it will, in the background, study a specific domain in order to become more knowledgeable."

Avant! is open to public access in a limited web-based capacity currently at www.avant-ai.com. Dr. Rittman said that Gopher wanted to create the online interface to introduce the public to the technology in a fun and interactive way.

"We decided, as a courtesy to the public, to provide and enable a basic interface for Avant!, starting with something that is more on the educational side and fun side," he said. "It's a simple page. You can type any question you want and Avant! is going to go and search millions of sources online."

The website is outlined in a recently launched introductory video:

https://www.youtube.com/watch?v=Q3GVqNLiZNM&feature=youtu.be

Detractors from AI systems currently in existence may point to Dr. Rittman's example of IBM as a failure of the technology. The IBM Watson system made headlines this month following the departure of the head of IBM Watson Health, Deborah DiSanzo. DiSanzo left the company's AI medical health division following criticisms of inaccuracies from the medical community.

Dr. Rittman, however, maintains that the high profile controversy surrounding IBM Watson is par for the course when a new, disruptive technology is concerned.

"It's completely typical," he said. "The AI industry will have to go through its own development stages. So, I would not be too alarmed about the whole Watson thing. IBM created a beautiful system. Watson is a very strong AI system and it's still going."

For a list of artificial intelligence stocks on Investorideas.com visit:

http://www.investorideas.com/TSS/stock_list.asp

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