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AI Eye Podcast 545: Stocks discussed: (OTCPINK: $GTCH) (NYSE: IBM)

GBT Begins R&D for Delta EDA, and IBM to Acquire myInvenio

Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM)

 

Point Roberts, WA and Vancouver, BC - April 16, 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 545: Stocks discussed: (OTCPINK: $GTCH) (NYSE: IBM)

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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:IBM)

GBT Technologies Inc. (OTC PINK:GTCH) has started research and development of Delta, a new EDA (Electronic Design Automation) technology to automate IC (integrated circuit) layout manufacturing process migration, optimization and compaction, that is based on the company's machine learning technology. GBT's CTO, Danny Rittman, explained:

The never-ending quest to achieve cost effective microchip designs, with more capabilities, and higher performance has become a true challenge, especially as we dive into advanced nanometer nodes of 5nm and below. Delta is aimed to offer a whole world of possibilities with the goal of enabling semiconductor design companies to easily move to the next technology node or an entirely different process, opening new markets horizons and competitive growth."

IBM (NYSE:IBM) has announced a definitive agreement to acquire myInvenio, a process mining software company based in Reggio Emilia, Italy. According to the press release, this "will provide organizations with data-driven software that should help them identify the most impactful business processes to automate using AI," further advancing "IBM's hybrid cloud and AI strategy, providing customers with a comprehensive suite of AI-powered automation capabilities for business automation." Dinesh Nirmal, General Manager, IBM Automation, explained:

"Digital transformation is accelerating across industries as companies face increasing challenges with managing critical IT systems and complex business applications that span the hybrid cloud landscape. With IBM's planned acquisition of myInvenio, we are continuing to invest in building the industry's most comprehensive suite of AI-powered automation capabilities for business automation so that our customers can help employees re-claim their time to focus on more strategic work."

Global AI in Medical Diagnostics Market to Reach $3.838B by 2025

A report published by Markets and Markets finds that the global AI in Medical Diagnostics market will grow from $505 million in 2020 to $3.868 billion by 2025 with a compound annual growth rate (CAGR) of 50.2 percent in the forecast period 2020-2025. An excerpt from the report's description outlines factors driving the market's growth:

The growing awareness of the benefits offered by AI techniques and their wide application areas has led to the increased adoption of these products and services in the healthcare market. Various leading companies in the healthcare market are entering into partnerships and collaborations with leading AI technology providers to come up with innovative AI-based solutions for applications in healthcare. Such strategies enable these market players to offer advanced solutions to their customers and strengthen their position in this dynamic market space.

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 of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT's mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT's goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT's vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

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