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AI Eye Podcast #509: GBT Developing Web Server App for qTerm, and Qualcomm Technologies (NasdaqGS: $QCOM) is Acquiring NUVIA

 

Point Roberts, WA and Vancouver, BC - January 15, 2021 (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 #509: GBT Developing Web Server App for qTerm, and Qualcomm Technologies (NasdaqGS: $QCOM) is Acquiring NUVIA

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

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:QCOM)

GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is developing a web server application for GBT Tokenize Corp's qTerm human vital signs device. Once complete, this web server will synchronize with qTerm’s mobile application, showing the user's location, temperature and other health related information. Danny Rittman, GBT’s CTO, explained:

"We are working to create the web server application that will reflect the mobile app results within an internet browser. In this way, when we are finished with development, users will be able to access their data via a mobile app and personal computer, worldwide. Once a user takes his/hers vitals, the results will be securely recorded on the mobile device and sent to the web server application in real time. The web interface will provide another form of personal dashboard to view vitals history and analytics. The main purpose of the web interface is to provide [users] with another medium to assist with potential illness prevention by providing a real time, geographically proximity alert and a robust, personal browser based dashboard. It is planned to be easy for use, and mainly intuitive to fit all age groups. We believe that this type of web interface is an efficient enhancement for qTerm device to enable a personal health web-based assistant monitoring, analyzing, and alerting system for users benefits.”

Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NasdaqGS:QCOM), has entered into a definitive agreement to acquire silicon design firm NUVIA for approximately $1.4 billion. According to the press release, “the addition of NUVIA CPUs to Qualcomm Technologies' already leading mobile graphics processing unit (GPU), AI engine, DSP and dedicated multimedia accelerators will further extend the leadership of Qualcomm Snapdragon platforms, and positions Snapdragon as the preferred platform for the future of connected computing.” Jim Thompson, Qualcomm’s CTO, said:

"Creating high performance, low-power processors and highly integrated, complex SoCs are part of our DNA. Adding NUVIA's deep understanding of high-performance design and integrating NUVIA CPUs with Snapdragon - together with our industry-leading graphics and AI - will take computing performance to a new level and drive new capabilities for products that serve multiple industries."

Global AI in Aviation Market to Reach $1.014 Billion by the End of 2023

A report published by Market Research Future finds that the global AI in Aviation market will grow from $113.29 million in 2017 to $1.014 billion by the end of 2023 with a compound annual growth rate (CAGR) of 46.83 percent in the forecast period 2018-2023. An excerpt from the report description reads:

Rapid development of artificial intelligence technology and increased incorporation of AI in aviation is aiding the aviation industry in optimizing various processes from passenger experience to flight operations. Increasing adoption of automation and utilization of big data in [the] aerospace industry are [significantly] driving the growth of the global AI in aviation market. High demand for process optimization and automatic improvement of performance through machine learning are also fueling the expansion of the global AI in aviation market.

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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