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The AI Eye: Gopher (OTCQB: GOPH) Receives International Search Report and Opinion Regarding Radio Token Patent Application, Vertafore Chooses AWS (NasdaqGS: AMZN) to Accelerate Innovation and IBM (NYSE: IBM) Collaborates with Sun & Baelt

 

Point Roberts, WA and Vancouver, BC - April 24, 2019 (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.

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The #AI Eye: Gopher (OTCQB: $GOPH) Receives International Search Report and Opinion Regarding Radio Token Patent Application, Vertafore Chooses AWS ( $AMZN) to Accelerate Innovation and IBM ( $IBM) Collaborates with Sun & Baelt

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

Gopher Protocol Inc. (OTCQB:GOPH) has received an International Search Report and Written Opinion pertaining to its Gopher Radio Token application from the International Searching Authority under the Patent Cooperation Treaty. This allows the company to expedite examination in its U.S. application for no extra United States Patent and Trademark Office cost. According to the press release, "Gopher intends to use its Avant! AI technology to govern security and vast data processing for the GRT [Gopher Radio Token]. This opens an entire world of possibilities that are enabled by a powerful artificial intelligence system. Avant! will be also learn about patterns and efficient usage of Blockchain data in order to maintain integrity and reliability of the overall system".

Insurance tech company Vertafore has chosen Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), to accelerate its innovation in and provide insights in customer service for insurers and underwriters. Particularly, Vertafore is leveraging the Amazon ML Solutions Lab to "build, train, and deploy machine learning models that will automate policy checking capabilities for customer service representatives". Amy Zupon, CEO of Vertafore, said:

"After reviewing several potential cloud providers, we chose AWS because they deliver the leading portfolio of cloud services and advanced technologies along with the ingenuity, security, reliability, and agility required to address the insurance industry's biggest challenges."

IBM (NYSE:IBM) has announced a collaboration with infrastructure owner and operator giant Sund & Baelt. The collaboration pairs Sund & Baelt's operational expertise with IBM's Maximo Enterprise Asset Management and Asset Performance Management (APM) solutions, utilizing AI and IoT to reduce maintenance costs and improve infrastructure lifespan. Kareem Yusuf, Ph.D., General Manager, IBM Watson IoT, commented:

"Bridges, tunnels, and roads provide access to family, job opportunities, education and more, but much of this infrastructure is aging. With Maximo for Civil Infrastructure, IBM is applying IoT and AI technology to help organizations improve the way these structures are monitored and managed."

Global Wearable AI Market to Reach $251.62 Billion by 2026

A report from Data Bridge Market Research indicates that the global wearable AI market will grow from $11.5 billion USD in 2018 to $251.62 billion USD in 2026 with a compound annual growth rate (CAGR) of 29.2 percent from 2019-2026. An excerpt from the report description reads:

Wearable AI is often used to track a person's vital signs of data those are related to location, health and fitness or even one's biofeedback indicating emotion. Although it has some issues like privacy and the extent to which they may affect the way of social interaction and how the person looks wearing them and the issues with user-friendliness, it is being used by millions of users worldwide from smartwatches to fitness trackers, ring and bracelets, even smart glasses.

Sam Mowers, Investorideas.com


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