AI Eye Episode 488: BlackBerry (NYSE: $BB) and AWS (NasdaqGS: $AMZN) Announce Agreement for Intelligent Vehicle Data Platform
GBT Files for Continuation of 3D Microchip Patent and Receives Grant Date
Point Roberts, WA and Vancouver, BC - December 3, 2020 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence - featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).
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AI Eye Episode 488: BlackBerry (NYSE:$BB) and AWS (NasdaqGS:$AMZN) Announce Agreement for Intelligent Vehicle Data Platform
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:BB) (NasdaqGS:AMZN)
GBT Technologies Inc. (OTC PINK:GTCH) has filed for continuation for its 3D microchip and database sharing patents and received a grant date as of December 1, 2020 from the United States Patent and Trademark Office (USPTO). The purpose of applying for continuation is the strengthening and broadening the protection of intellectual property. According to the press release, "The patent seeks to cover new silicon manufacturing structure and orientation, with the stated design of providing more capabilities and lower power consumption with reduced cost. The goal of the new manufacturing architecture is to enable larger designs within smaller areas and significantly increases the silicon yield to enhance smaller nodes like 5nm, 3nm and below."
BlackBerry Limited (NYSE:BB) has announced a multi-year, global agreement with Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), for the latter to develop and market BlackBerry's Intelligent Vehicle Data Platform, IVY. BlackBerry IVY applies machine learning to data, enabling automakers "to create responsive in-vehicle services that enhance driver and passenger experiences." AWS CEO Andy Jassy, said:
"AWS and BlackBerry are making it possible for any automaker to continuously reinvent the customer experience and transform vehicles from fixed pieces of technology into systems that can grow and adapt with a user's needs and preferences. Through this joint effort with BlackBerry, we will provide automakers with the insights, capabilities, agility, and speed they need to thrive in an increasingly connected world. As automakers seek to race ahead in their digital transformations, BlackBerry IVY empowers them to build their brands and set the standard for connected vehicle services across the automotive industry."
Global Cognitive Computing Market to Reach $72.26 Billion by 2027
A report published by Fortune Business Insights finds that the global Cognitive Computing market will grow from $11.11 billion in 2019 to $72.26 billion by 2027 with a compound annual growth rate (CAGR) of 26.6 percent in the forecast period 2020-2027. An excerpt from the report summary outlines the role of natural language processing (NLP) in driving the market's growth:
"... the natural language processing segment is expected to hold the highest cognitive computing market share during the forecast period. The intrinsic capacity to process natural language interactions is significantly contributing to the growth of this segment. NLP technology is a core ability of cognitive computing systems that helps in analyzing unstructured data for improving customer expectations and their needs. Hence, with the help of NLP, enterprises get better insights to optimize the business processes, customer perception, and reduction in operational cost which in turn is propelling the growth of the segment."
Sam Mowers, Investorideas.com
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About GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) ("GBT") (http://gbtti.com) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. GBT has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. GBT's system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. GBT envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.
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