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AI Eye Podcast 501: GBT Developing AI-Based Graphic Analytics, and Mobi724 Smart Transactions Enters Agreement with Moneta Technologies

 

Point Roberts, WA and Vancouver, BC - December 28, 2020 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's special 500th 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 501: GBT Developing AI-Based Graphic Analytics, and Mobi724 Smart Transactions Enters Agreement with Moneta Technologies

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

Stocks discussed: (OTCPINK:GTCH) (TSXV:MOS)

GBT Technologies Inc. (OTC PINK:GTCH), is developing an AI based graphic analytics system, targeted for medical imaging, as part of its plan to move forward towards the medical analytics field. A quote from the press release reads:

"We already developed graphic analytics techniques within our Avant! AI system and now plan to further develop advanced deep learning imaging algorithms to analyze modern images of CT, MRI, X-RAY, PET and Ultrasound. We believe we will be able to target the system to assess images for evidence of abnormalities and alert providers to the potential diagnoses, with the goal of pointing subjects-of-interest to physicians, enabling faster treatment. The system is planned to use AI algorithms to learn the image parameters and train a neural network for pixels recognition and analytics. We intend for the system to provide risk scores for areas of concern."

Mobi724 Smart Transactions Inc., the wholly-owned subsidiary of Mobi724 Global Solutions, Inc. (TSXV:MOS), has entered into a three-year strategic partnership agreement with Stratus Technologies Mexico S.A. de C.V., to "promote, market, distribute and license the full suite of Mobi724 software solutions to existing and prospective clients of Moneta in Latin America and Brazil." Mobi724 is "a fintech enabler of AI-enhanced payment card-linked incentives," and will have its solutions distributed and licensed by Stratus subsidiary Moneta Technologies, which is an expert in artificial intelligence. Marcel Vienneau, CEO of Mobi724, commented:

"Moneta, a recognized leader in the industry, has built a powerful presence across Latin America including Brazil, and we are looking forward to working together with them in their modernisation effort and to accelerate Mobi724's sales & the commercialisation of its platform."

Global Machine Learning Market to Reach $27.7 Billion by 2027

Research published by ReportLinker finds that the global Machine Learning market will grow from $2.8 billion in 2020 to $27.7 billion by 2027 with a compound annual growth rate (CAGR) of 38.4 percent in the forecast period. An excerpt from the report summary provides a regional breakdown of the market's growth:

The Machine Learning market in the U.S. is estimated at US$862.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2027 trailing a CAGR of 36.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.7% and 32.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.7% CAGR.

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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