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AI Eye Episode 608: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $BB)

GBT Developing EDA Tech for Auto-Generation of IC Layout IPs, and BlackBerry Collaborates with Ridecell for AI-Powered Fleet Automation

Point Roberts, WA and Vancouver, BC - September 29, 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 608: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $BB)

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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)

GBT Technologies Inc. (OTC PINK:GTCH) is developing EDA (Electronic Design Automation) software technology to automate the generation of reusable IC layout IPs. According to the press release, "an automatic IP layout generator can enable significant time reduction by designing complete IP blocks that can be reused in a wide variety of IC projects." GBT's CTO Danny Rittman explained:

"Why reinvent the wheel with every IC design project? Especially with re-using existing features. That's exactly what we aim to create with this new technology. An SoC chip is well described by its name. It's an integrated circuit system that includes sub-systems on it. Each sub-system is consistent of a core block and these blocks are connected to create an entire functional system. Many of these blocks can be reusable for future projects for example, USB port, HDMI, graphic processing, wireless unit and more. Instead of redesigning them every time from scratch, a pre-designed IP block can be used to save time."

BlackBerry (NYSE:BB) has announced a collaboration with Ridecell Inc. to "bring a next generation fleet operations and ADAS data platform to automotive OEMs via the BlackBerry IVY intelligent vehicle data platform." Peter Virk, Vice President of IVY Product and Ecosystem, BlackBerry, said:

"With a shift to shared mobility and an industry-wide capacity crunch that shows no signs of easing up anytime soon, the need for fleet operators and OEMs to holistically manage the overall health of their vehicles throughout their full lifecycle is absolutely critical. With Ridecell, we will offer customers an intuitive platform to turn insights into action across their entire fleet. Customers will immediately see efficiencies that can be achieved when fleet managers and OEMs have unparalleled visibility into their vehicle assets and the capability to automate actions based on BlackBerry-IVY led fleet insights."

Global Blockchain AI Market to Reach $748.8M in 2025

Research published by ReportLinker finds that the global Blockchain AI market will grow from $232.09 million in 2020 to $748.8 million in 2025, registering a compound annual growth rate (CAGR) of 25.93 percent in the forecast period. An excerpt from the report's summary reads:

The growing demand for accessing and managing data efficiently contributes to the growth of the blockchain AI market .Currently, most of the work has become digitized and is mostly stored on the cloud, which is accessed and managed by blockchain AI.

Blockchain AI convergence is inevitable because both the technologies deal with data and value. Blockchain enables secure storage and sharing of data, whereas AI can analyze and generate insights from data to generate value.

Sam Mowers, Investorideas.com

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