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AI Eye Podcast 513: GBT Begins qTerm Improvements in Preparation for FDA Certification, BlackBerry (NYSE: $BB) is Expanding Its Strategic Partnership with Baidu (NasdaqGS: $BIDU) to Power Next-Gen Autonomous Driving Tech

 

Point Roberts, WA and Vancouver, BC - January 26, 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 513: GBT Begins qTerm Improvements in Preparation for FDA Certification, BlackBerry (NYSE: $BB) is Expanding Its Strategic Partnership with Baidu (NasdaqGS: $BIDU) to Power Next-Gen Autonomous Driving Tech

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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:BB) (NasdaqGS:BIDU)

GBT Technologies Inc. (OTC PINK:GTCH, through its joint venture GBT Tokenize Corp, has begun a series of improvements for its qTerm human vital signs device as preparations for its FDA certification process. According to the press release, these improvements aim to achieve "higher measurements accuracy, reliability and compatibility with a broad spectrum of user's usage behavior." The company's CTO, Danny Rittman, explained:

"This technology, assuming we receive FDA certification, of which there is no guarantee, is planned to be marketed and sold for personal and clinics usage also targeting it for the telemedicine arena. Another aspect is the device's planned Artificial Intelligence technology that will be offering advanced features like real-time health statistics, analytics, monitoring and real time, geographically proximity alert to assist with avoiding health risks. The modifications also focus on the human engineering aspect in order to ensure easier usability for the vitals measurements like finger's position pointers and physical finger's location structural design. We put extra emphasis on making the device easy for use, and mainly intuitive. Vitals results can be crucial indicators to assist with early detection of illness and we are working to improve the device's performance and capabilities as preparation efforts for FDA clearance. It is in our R&D culture to constantly improve our technology in efforts to bring it to the highest standards and regulations, particularly in the medicine domain when it can save lives."

BlackBerry Limited (NYSE:BB) has announced an expansion of its strategic partnership with Baidu, Inc. (NasdaqGS:BIDU) to power next-gen autonomous driving technology. Dhiraj Handa, VP, Channel, Partners and APAC, BlackBerry Technology Solutions, explained:

"With BlackBerry QNX's embedded software as its foundation, Baidu has made significant progress as part of its Apollo platform in establishing a commercial ecosystem for innovative technologies that OEMs can leverage for their next generation vehicles. We look forward to continuing to work closely with Baidu to help develop and deploy leading edge autonomous driving and connected vehicle technologies to meet the ever increasing mission-critical and security requirements of the automotive industry."

Automotive AI Market to Reach $9.4 Billion by the End of 2026

Research published by Reports and Data finds that the Automotive AI market, which was valued at $520 million in 2018, will grow to $9.4 billion by the end of 2026, and will exhibit a compound annual growth rate (CAGR) of 43.6 percent in the forecast period 2018-2026. An excerpt from the report description outlines some factors influencing the market's growth:

"...the progress in the automotive industry is anticipated to propel the automotive AI (artificial intelligence) market. The global automotive industry has experienced positive traction from the development of artificial intelligence and is among the key industries using AI to augment the action of people. Moreover, the emergence of technologies like adaptive cruise control (ACC), advanced driver assistance system (ADAS), blind-spot alert, and growing demand for convenience features of drivers and passengers will boost the growth of the automotive AI 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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