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AI Eye Podcast 720: Stocks discussed: (OTCPINK: $GTCH) (OTC: $ELEK)

GBT Implementing Machine Learning in Epsilon Chip Verification Tool, and Elektros Collaborating with AI Venturetech for Electric Vehicles

 

Vancouver, Kelowna, Delta, BC - September 2, 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 720: Stocks discussed: (OTCPINK: $GTCH) (OTC: $ELEK)

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

Stocks discussed: (OTCPINK:GTCH) (OTC:ELEK)

GBT Technologies Inc. (OTC PINK:GTCH) is implementing a machine learning driven, pattern matching technology within its microchip reliability verification and correction Electronic Design Automation (EDA) tool, Epsilon. The company's CTO, Danny Rittman, explained:

The ability to analyze and address advanced IC's reliability parameters is necessary to mitigate risk of system degradation, overheating, and possible malfunction. It can affect microchip's performance, power consumption, data storage and retrieval, heat and an early failure which may be critical in vital electronic systems. Epsilon analyzes microchip data for reliability, power and electrothermal characteristics, and performs auto-correction in case violations are found. We are now implementing an intelligent technology for Epsilon with the goal of utilizing pattern matching algorithms to formulate a smart detection of reliability issues within integrated circuits layout. The new techniques will analyze and learn weak spots within microchip's data, predicting failure models that are based on the process' physics and electrical constraints knowledge."

Electric transportation firm Elektros Inc. (OTC:ELEK) has announced a collaboration with AI Venturetech, Inc. to explore integration of Artificial Intelligence (AI) technologies to electric vehicle (EV) operations. This will include implementations such as: In-Car Voice Assistants, Battery Analytics, and Autonomous Driving. Thomas Bustamante, the Founder and CEO of AI Venturetech, Inc., said:

"We are very excited to be working with Elektros on ways to integrate machine learning and AI into the rapidly growing EV market. Through their extensive real estate contacts, the company has potential to build out a national franchise of EV charging rest stops for both luxury and middle-class consumers."

Global AI in Bioinformatics to Reach $32.07B by 2029

A report published by Data Bridge Market Research finds that the global AI in Bioinformatics market is projected to grow to $32.07 billion USD by 2029, registering a compound annual growth rate (CAGR) of 42.7 percent in the forecast period 2022-29. The following excerpt from the report's description outlines some factors influencing the market's growth:

The global AI in bioinformatics market is growing in the forecast year due to the rise in market players and the availability of advanced services. Along with this, manufacturers are engaged in R&D activity for launching novel services in the market. The increasing advancements in bioinformatics technology are further boosting the market growth. However, the high cost of instrumentations and cybersecurity concerns in bioinformatics might hamper the growth of the global AI in bioinformatics market in the forecast period.

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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