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AI Eye Episode 475: GBT Tokenize Begins Research for Kirlian Electrophotography Technique Aimed for qTerm Integration, and IBM (NYSE: $IBM) Launches "My Group" with The Masters Tournament

 

Point Roberts, WA and Vancouver, BC - November 13, 2020 (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.

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AI Eye Episode 475: GBT Tokenize Begins Research for Kirlian Electrophotography Technique Aimed for qTerm Integration, and IBM (NYSE: $IBM) Launches "My Group" with The Masters Tournament

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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 announced that its joint venture, GBT Tokenize, has begun research in the Kirlian Electrophotography imaging technique potentially aimed for inclusion within its AI-powered qTerm device human vital signs device. The Kirlian Electrophotography technique is described in the press release as "a photographic method to capture the phenomenon of electrical coronal discharges which can be used to produce a human's organ biofield." Danny Rittman, GBT's CTO, explained:

"Using Kirlian imaging, we believe it is possible to produce a measure of human energy levels and examine changes in the energy distribution throughout the organ(s). We are attempting to determine if we can implement Kirlian imaging for qTerm by means of producing a human's finger aura (i.e. its biofield). Along with qTerm vitals measurement, the goal is to potentially provide a Kirilian image. In turn, using our Machine learning technology, we are seeking to develop an analysis of the biofield and, in turn, provide a diagnostic and potential medical issues classification. We believe this type of system, if fully developed and commercialized, could be very efficient as [an] additional diagnostic system."

IBM (NYSE:IBM), along with its exclusive digital partner the Masters Tournament, is launching My Group, described as "an innovative digital feature enabling new levels of fan engagement and revolutionizing the digital viewing experience for the 2020 Masters Tournament." The feature runs on IBM Cloud with Red Hat OpenShift, leverages Watson's artificial intelligence (AI) to curate play, and "will be available globally in the Masters Tournament app and on Masters.com." Rob Thomas, Senior Vice President, IBM Cloud and Data Platforms, said:

"The digital experience of sports has never been more important than it is right now. We're proud to put the power of IBM's hybrid cloud and AI technologies on display through the My Group feature on the Masters app and website. And we are honored to enable millions of Masters patrons around the world to enjoy the storied tradition of this magical Tournament."

Global AIaaS Market to Reach $28.58 Billion by 2025

A report published by Research and Markets finds that the global Artificial Intelligence-as-a-Service market will grow from $2.68 billion in 2019 to $28.58 billion by 2025, with a compound annual growth rate (CAGR) of 48.9 percent in the forecast period 2020-2025. The report description outlines the role of BFSI, which is projected to account for the largest share of the market's growth:

  • In recent years, AI technology has been increasingly adopted in the BFSI industry, primarily to enhance operational efficiency and enable rich consumer experience. AI is at the forefront of all innovations and will continue to remain so in 2020.
  • In the BFSI industry, AI is mainly used as chatbots, algorithmic trading, fraud detection, and customer recommendation. Banks, such as RBS, are implementing chatbots, which is likely to compel other financial institutions to invest in similar technology. As a result, it is expected to create demand for AI-based solutions, which, in turn, is expected to boost the investment by the industry players, thereby, fostering the market growth, over the next six years.

Sam Mowers, Investorideas.com

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