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AI Eye Podcast 649: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $AI)

GBT's Wireless Motion Detection Patent Application Receives Prioritized Examination Status, and Data Vault Appoints C3 AI's Tony Evans to Advisory Board

 

Point Roberts, WA and Vancouver, BC - January 19, 2022 (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.

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AI Eye Podcast 649: Stocks discussed: (OTCPINK: $GTCH) (NYSE: $AI)

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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:AI)

GBT Technologies Inc. (OTC PINK:GTCH) has announced that its wireless motion detection, nonprovisional patent application, was approved this month for prioritized examination by the United States Patent and Trademark Office (USPTO). Danny Rittman, GBT's CTO, commented:

"We are excited to receive a prioritized examination status for our Apollo patent application, as we strongly believe that this type of technology can offer an innovative wireless solution within many domains. We believe the use of radio technology can enable efficient scan-and-detect capabilities and ultimately provide the ability to virtually enable a system to "see" through walls and other mediums. We intended to implement this technology within the Apollo project to equip it with high-resolution abilities to measure very small movement changes. We believe these types of capabilities can be efficiently used theoretically in a wide variety of domains, for example, measuring human vitals at home, detecting vital abnormalities or falls. We believe another potential use is use as an efficient driver's monitoring system, detecting impaired or distracted drivers, providing audible/visual alerts; and in extreme cases, taking over the vehicle to ensure safety. Apollo's range is planned to be extended using repeaters which we believe could potentially make it an excellent solution performing as "eyes" for autonomous vehicles and added security for law enforcement and military applications. It is our goal to develop the Apollo system to use theoretically deep learning technology to enable rapid analysis of the reflected RF data, identifying living entities and objects, and constructing a computerized imaging in real time. As the system is currently under design, we consider the Apollo patent to be one of our major intellectual property assets and we are interested in expediting its application process so that we can start its commercialization."

Data Vault Holdings Inc., a technology holding company, has announced the appointment of Tony Evans, General Manager of Financial Services for C3 AI (NYSE:AI), to its advisory board, enhancing its expertise in AI, machine learning, fintech, e-commerce and security. Evans said:

"In my role at C3 AI, I witness daily the power data assets and tokenomics can play in the foundation for predictive technology that influences decisions and leads to disruption of incumbent markets. Data has now become both an indicator of business intelligence and a form of capital, and we can use this information to inform business innovation. Datavault expertly combines artificial intelligence, machine learning, and crypto-technology to transform data into salable business growth and revenues. I am honored to provide Datavault's leadership with perspective on emerging trends, market impact, and consumer issues in payments, AI, and data."

North American AI in Healthcare Market to Reach $14.38B in 2027

A report published by Graphical Research finds that the North American AI in Healthcare market will grow from $1.15 billion USD in 2020 to $14.38 billion in 2027, registering a compound annual growth rate (CAGR) of 44.2 percent in the forecast period 2021-2027. An excerpt from the report's summary outlines some trends impacting the market's growth:

Increasing range of future applications for healthcare artificial intelligence across the region will stimulate the demand for AI-enabled health systems. The future of AI in the healthcare sector comprises simple to complex techniques. These significant applications involve several tasks, including medical record review, therapeutic drug design, population health analytics, treatment suggestions, etc. Healthcare professionals, start-ups, and healthtech firms are exploring novel ways to integrate AI into the healthcare sector.

Sam Mowers, Investorideas.com

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