AI Eye Episode 573: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $PLTR)
GBT Files Patent Application for Real Time Movement and Position Detection System, and Palantir Partners with DataRobot for Demand Forecasting Solution
Point Roberts, WA and Vancouver, BC - June 25, 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 Episode 573: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $PLTR)
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
AI Eye Episode 573: GBT Files Patent Application for Real Time Movement and Position Detection System, and Palantir Partners with DataRobot for Demand Forecasting Solution
Stocks discussed: (OTCPINK:GTCH) (NYSE:PLTR)
GBT Technologies Inc. (OTC PINK:GTCH) has filed a provisional patent application with the U.S. Patent and Trademark Office for a real time movement and position detection method and system, codenamed "Apollo". The system comprises radio-based motion and image technologies, controlled by AI tech, which "analyzes the reflected information to construct 2D and 3D images including real time movement." GBT's CTO Danny Rittman, said:
"We truly believe that this type of technology can offer an innovative wireless solution in many domains. The use of electromagnetic radiation enables efficient scans through mediums and is designed to virtually make the system capable of "seeing" underground, underwater and through walls. We will target the technology to be used in the health domain as a wearable-less monitoring system. It is our goal to apply its deep learning capability to enable rapid analysis of the RF data, identifying living entities and objects, and constructing a computerized image/motion in real time. We believe that the Apollo system can be designed to become a technological advancement and consider it one of our major IPs."
Palantir Technologies Inc. (NYSE:PLTR) has announced a new partnership with Augmented Intelligence leader DataRobot, "to create unique, agile, and real-time solutions to help solve the most pressing demand forecasting problems." Dan Wright, CEO of DataRobot, commented:
"The pandemic completely upended the way our customers forecast demand, which is why we've partnered with Palantir to ensure they can create the most accurate, viable models moving forward. By combining the power of the DataRobot Augmented Intelligence platform with Palantir's capabilities, we're helping our joint customers create longer-lasting, more flexible AI solutions that will generate tremendous business value."
Global AI in Energy Market to Grow $6.79B from 2021-2025
A report published by Technavio finds that the global AI in Energy market will grow by $6.79 billion from 2021 to 2025 with growth momentum decelerating at a compound annual growth rate (CAGR) of 34.19 percent. Key market drivers identified in the report snapshot include: "The growing demand for data integration and visual analytics," "The increasing adoption of cloud-based solutions," and "The emergence of AI-as-a-service (AIaaS)," which allows "energy companies to experiment on samples of multiple public cloud platforms to test various machine learning algorithms."
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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