AI Eye Podcast: AI Stocks in the News: (OTCPINK: GTCH) (NYSE: ACN)
GBT's Patent Application for qTerm Human Vitals Device Granted, and Accenture Ventures Invests in Stardog
Vancouver, Kelowna, Delta, BC - May 10, 2023 (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: AI Stocks in the News: (OTCPINK: GTCH) (NYSE: ACN)
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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:ACN)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that the non-provisional patent application for qTerm – its machine learning-driven human vitals device – was granted on May 2, 2023. The qTerm is described as “an intelligent, electronic health device to measure human vitals with a touch of a finger,” and GBT “successfully completed the development of a fully working prototype in 2022 including robust testing, debugging and a participant's study.” In particular, the qTerm measures human body temperature, blood oxygen, heart rate vitals, and the company intends to include blood pressure measurement and enhanced, AI-driven analytics in future releases.
Accenture (NYSE:ACN), through Accenture Ventures, has made a strategic investment in Stardog, described as “a leading enterprise knowledge graph platform enabling organizations to do more with, and achieve greater value from, their data in this age of generative artificial intelligence (AI).” Tom Lounibos, managing director, Accenture Ventures, explained:
"For most large enterprises, the real value of generative AI will come from customizing and fine-tuning large language models and using their own collected data to address their unique business needs. Foundation models need vast amounts of curated data to learn and that makes solving the data challenge an urgent priority for every business. This is precisely where Stardog’s Enterprise Knowledge Graphs can make a difference by helping organizations unify and optimize their data for this new era of generative AI."
Global AI in Accounting to Reach $39.57B by 2030
A report published by SNS Insider finds that the global market for AI in Accounting is projected to grow from $1.99 billion USD in 2022 to $39.57 billion by 2030, registering a compound annual growth rate (CAGR) of 45.31 percent in the forecast period 2023-30. The following excerpt from the report’s description outlines the impact of AI technology in the Accounting space:
Artificial intelligence (AI) has risen to prominence as a result of its capacity to learn and adapt. AI is significantly more advantageous for data-driven businesses like accounting and finance since it not only performs without human interference but also extracts correct results from a big quantity of data. While the need for AI in digital marketing and finance is skyrocketing, the accounting industry is reporting broad use of the technology.
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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