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AI Eye Podcast 588: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBM)

GBT Files Patent Application for IC Layout Design Rule Automatic Correction, and IBM is Collaborating with Black & Veatch on AI-Driven Monitoring Solutions

 

Point Roberts, WA and Vancouver, BC - August 4, 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 588: 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

GBT Technologies Inc. (OTC PINK:GTCH) has filed a nonprovisional patent application for IC layout design rule automatic correction with the U.S. Patent and Trademark Office. A quote from the press release reads:

"This patent is a major game changer especially for advanced microchips of 7nm and below. As microchip's manufacturing processes design rules are constantly getting more complex. There is a need for enhancement technology to shorten the vast amount of time invested in manual correction. Design rules are constraints dictated by the fabrication process and must be obeyed to correctly manufacture the integrated circuit. This invention protects a system and method for automatic correction of geometrical design rules while maintaining the electrical connectivity and other essential rules like reliability and DFM constraints. This type of system is a significant productivity enhancer tool within any IC's design flow and will majorly reduce the overall chip's design time including, time to market factor. Additionally, design changes and modifications will be able to be performed much faster and more efficiently. Microchips will be able to be made faster, smaller and with increased silicon yield, enabling a much higher profit margin. We strongly believe that this technology will create a new standard in this arena enabling the production of more integrated circuits in a much shorter time and with lower costs."

IBM (NYSE:IBM) has announced a collaboration with global engineering, procurement, consulting and construction company Black & Veatch "to jointly market Asset Performance Management (APM) solutions, including remote monitoring technologies that combine near real-time data analytics with artificial intelligence to help customers keep equipment and assets running at peak performance and reliability." Kareem Yusuf, IBM General Manager AI Applications and Blockchain, said:

"Organizations in every industry need to figure out how to use the vast amounts of data generated within their own systems. Monitoring insights that combine AI and machine learning technology with deep industry expertise can help organizations make better sense of their data and use it to manage their assets better. IBM and Black & Veatch are collaborating to deliver insights that can be applied to improve the performance of assets and extend their lifespans."

Global AI Robots Market to Reach $21.4B by 2026

A report published by StrategyR finds that the global AI Robots market will grow from $5.2 billion in 2020 to $21.4 billion by 2026 with a compound annual growth rate (CAGR) of 25.4 percent in the forecast period. An excerpt from the report’s abstract reads:

Strong growth is anticipated for the market for AI in robotics over the coming years as industries recognize the powerful combination of the two technologies offering several benefits in automation of processes and tasks. AI in robotics enables industries to become increasingly flexible in their processes. The technology provides robots with the learning ability critical for applications. Companies would be able to considerably increase productivity, save time and also make the workplace safer for human workers.

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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