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AI Eye Podcast 677: Stocks discussed: (OTCPINK: GTCH) (NasdaqGS: INTC)

GBT Files Continuation Application for Apollo Patent, and Intel Announces AI Incubator Lab in Arizona

 

Vancouver, Kelowna, Delta, BC - March 30, 2022 (Investorideas.com Newswire) 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 Podcast 677: Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $INTC)

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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:INTC)

GBT Technologies Inc. (OTC PINK:GTCH) has filed a continuation application for its wireless motion detection and imaging patent, codenamed Apollo. Danny Rittman, the company's CTO, explained:

"We believe our Apollo concept may have applications in several domains, among them are health, smart vehicles, security and more. With this in mind, we filed a continuation application with the goal of further broadening and expanding the protection of the technology. The Apollo patent seeks to protect the concept of an AI controlled radio technology to achieve accurate "visibility" capabilities through walls and other mediums. The goal of the technology is designed to enable rapid analysis of RF data using neural networks, identifying living and stationary entities and constructing their computerized imaging. We intend to also explore more efficient implementations of this technology including observing alertness of a driver, intruder detection and facial recognition. We plan to further research into the development of intelligent systems based on these concepts."

Intel Corporation (NasdaqGS:INTC), in collaboration with Arizona's Maricopa County Community College District (MCCCD), has announced "a new artificial intelligence (AI) incubator lab for students aspiring to land jobs in areas ranging from business to nursing to healthcare - and other professions that increasingly draw on AI technology." Michelle Johnston Holthaus, Intel executive vice president and general manager of the Client Computing Group, said:

"We are committed to the re-skilling of the American workforce and to advancing diversity and inclusion to ensure that the next generation of technologists are prepared and provided opportunities for AI education."

Global AI in Cybersecurity Market to Reach $66.22B by 2029

A report published by Meticulous Research finds that the global AI in Cybersecurity market is projected to reach $66.22 billion USD by 2029, registering a compound annual growth rate (CAGR) of 24.2 percent in the forecast period 2022-29. The following excerpt from the report's description outlines some factors influencing the market's growth:

The increasing demand for advanced cybersecurity solutions and privacy, the growing significance of AI-based cybersecurity solutions in the banking sector, and the increasing frequency and complexity of cyber threats are the key factors driving the growth of the artificial intelligence in cybersecurity market.

Furthermore, the growing adoption of AI-based cybersecurity solutions among SMEs creates new growth opportunities for vendors in the AI in cybersecurity market. The key merits of implementing AI in cybersecurity solutions include high performance, reliability, comprehensive vulnerability coverage, false-positive reduction, zero process disruption, and secure real-time applications. However, misconceptions and lack of knowledge regarding AI in cybersecurity solutions and vulnerability issues with IoT devices pose serious challenges for the adoption of AI in cybersecurity solutions, thereby hampering the growth of this market.

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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