AI Eye Podcast 627: Stocks discussed: (OTCPINK: $GTCHD) (NYSE: $PATH)
GBT Developing Comprehensive ML Platform for IC Design, Verification, Manufacturing, and UiPath Appoints Chair for AI Advisory Board
Point Roberts, WA and Vancouver, BC - November 17, 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: GTCHD).
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AI Eye Podcast 627: Stocks discussed: (OTCPINK: $GTCHD) (NYSE: $PATH)
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCHD) (NYSE:PATH)
GBT Technologies Inc. (OTC PINK:GTCHD) is developing a comprehensive machine learning based software platform to include integrated circuit design, verification and manufacturing aspects under one platform, enabling faster design, higher performance, and silicon yield. The company's CTO, Danny Rittman, explained:
"In today's IC design world, design firms are typically using EDA solutions from different vendors for different purposes and analysis. We started the development of one comprehensive IC design platform that will offer major design solutions under a single umbrella. There will no longer be a need to import and export data between different vendors EDA tools since our platform will handle all data; internally, transparent for the user. The platform will be covering geometrical, electrical and manufacturing aspects, so designers would be able to design their microchip from concept all the way to final data, that is sent to the fab for manufacturing. The platform will support analog, digital and mixed design styles, including full scalability and is expected to save major design time cycles; particularly, in advanced nodes of 7nm and below. Designers will be able to design their chip with built-in, interactive assistance to guide them how to make their design flawless, virtually error-free. Additionally, the platform will include auto-correction and optimization utilities to improve older projects, correcting violations in massive designs. A deep learning system will enable intelligent solutions, along with vast amounts of data processing (Big Data), which is a crucial factor with today's enormous integrated circuit's size. One of the system's key advantages will be the minimization of the time spent on geometrical design rule corrections (DRCs), which will be done automatically. The platform will also include IC design utilities to optimize and balance the design's power, area, functionality and performance. We strongly believe that a one-stop, comprehensive IC design solution will introduce a much easier and more efficient way to handle microchip's design aspects. Creating new horizons for IC design firms in the digital, analog, and mixed signal domains."
UiPath, Inc. (NYSE:PATH) has announced the appointment of Dr. Oren Etzioni to chair its new Artificial Intelligence (AI) Advisory Board. Comprising AI leaders and experts from academia, the AI Advisory Board "will help foster the UiPath AI Research and Incubation function focused on research in machine learning (ML) and AI investments" "to help develop the next wave of transformational technologies at the intersection of automation and AI." Etzioni commented:
"AI is poised to play an increasingly large role in societies across the world. Accordingly, there is a growing interest in ensuring that it is used in a responsible and beneficial manner. A range of perspectives and contributions are needed, spanning the full spectrum from fundamental research to sustained deployments. I'm honored to have the opportunity to chair this important initiative for UiPath to help ensure human-centered automation methods are deployed to establish ethical, inclusive, and accountable AI systems."
Global AI in Healthcare Market to Reach $123.14B by 2028
A report published by Data Bridge Market Research finds that the global AI in Healthcare market will grow to $123.14 billion USD by 2028, registering a compound annual growth rate (CAGR) of 50.87 percent in the forecast period 2021-2028. An excerpt from the report's description indicates some factors influencing the market's growth:
The increasing need for improvised healthcare services owing to imbalance between health workforce and patients is amongst the important factors intensifying the growth and demand of artificial intelligence in healthcare market. In addition, the rising number of cross-industry partnerships and collaborations as well as improving computing power and declining hardware cost are also contributing to the growth in the global market over the forecast period.
Sam Mowers, Investorideas.com
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Disclosure: GTCHD is a paid featured AI stock
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