AI Eye Podcast Episode 477: GBT Receives Final Grant for Mobile Database Sharing Patent and NVIDIA (NasdaqGS: $NVDA) Announces Mellanox 400G InfiniBand for AI Developers
Point Roberts, WA and Vancouver, BC - November 17, 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 - featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).
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AI Eye Podcast Episode 477: GBT Receives Final Grant for Mobile Database Sharing Patent, and NVIDIA (NasdaqGS: $NVDA) Announces Mellanox 400G InfiniBand for AI Developers
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:NVDA)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that its mobile database sharing, non-provisional patent has received its final grant status and will be officially published on December 1, 2020. According to the press release, the patent is "targeted to create an advanced level of mobile database management under secured communication protocol," and aims to "significantly increase database processing speed and security over networks." When the patent received its Notice of Allowance on October 5, 2020, GBT's CTO Danny Rittman explained:
"GBT is targeting this technology to be used within its future medical AI development and it will work with its proprietary integrated circuit (IC) technology within IoT/mobile devices. Further, GBT's database management system is targeted to be governed by our Avant! AI engine to ensure integrity, reliability and security."
NVIDIA Corporation (NasdaqGS:NVDA) has announced the next generation of NVIDIA Mellanox 400G InfiniBand, which will provide "the fastest networking performance available," for AI developers and scientific researchers. According to the press release, the platform "boosts AI acceleration power by 32x," by allowing "deep learning training operations to be offloaded and accelerated by the InfiniBand network." Gilad Shainer, senior vice president of networking at NVIDIA, said:
"The most important work of our customers is based on AI and increasingly complex applications that demand faster, smarter, more scalable networks. The NVIDIA Mellanox 400G InfiniBand's massive throughput and smart acceleration engines let HPC, AI and hyperscale cloud infrastructures achieve unmatched performance with less cost and complexity."
Global AI in Medicine Market to Exhibit 49% CAGR from 2020-2026
A report published by Facts & Factors finds that the global AI in Medicine Market, which was valued at $800 million in 2019, will exhibit a compound annual growth rate (CAGR) of 49 percent in the forecast period 2020-2026. An excerpt from the report summary outlines some trends observed in the market:
Artificial intelligence (AI) is rising [in] the health segment and is accepted to have a key impact on every feature of primary care. Artificial intelligence (AI)-enabled computer solutions will support primary care doctors to ... identify patients who need additional attention and offer modified procedures for every individual.
Sam Mowers, Investorideas.com
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