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AI Eye Podcast - GBT's (OTC: GTCH) CTO discusses Magic2, the Company's AI-driven Electronic Design Automation (EDA) Software Suite

Stocks discussed: (OTCPINK:GTCH) (NasdaqGS:SNPS) (NasdaqGS:CDNS)


Vancouver, Kelowna, Delta, BC - June 27, 2023 ( Newswire), a global investor news source covering Artificial Intelligence (AI) stocks releases a special edition of the AI Eye podcast looking at AI-driven electronic design automation (EDA), featuring an interview with AI innovator GBT Technologies Inc. (OTC PINK:GTCH).

Listen to today's podcast:

AI Eye Podcast - GBT's CTO discusses Magic2, the company's AI-driven electronic design automation (EDA) software suite


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Watch the video interview on YouTube:

With the ever-increasing global demand for microchips and the high level of competition in the space, firms must continue to innovate in electronic design automation (EDA) to pioneer new ways to streamline the design and manufacturing process. GBT Technologies Inc. (OTC PINK:GTCH) for instance, recently announced Magic2, the internal project name for its AI-driven EDA software suite, which aims to help engineers speed up time consuming task work during the integrated circuits (IC) design phase. Mansour Khatib, CEO of GBT, explained in the press release:

"It sounds technical because it is, but simply spoken, Magic2 is a suite of individual EDA tools which we believe can potentially save 1000's and 1000's hours of engineering time, speeding up the microchip design process and at the same time building better, faster, greener, cheaper, and more reliable microchips."

A report published by Research and Markets finds that the global market for EDA Tools is projected to grow from $13.1 billion USD in 2022 to $30.1 billion by 2030, registering a compound annual growth rate (CAGR) of 11 percent in the forecast period 2022-30. recently spoke to Danny Rittman, CTO of GBT Technologies Inc., who explained Magic2 and its potential significance against the backdrop of the current chip market.

"The Magic2 EDA tool suite is a package of software patents and IP that we developed, particularly for creating the next generation of microchips," Rittman said. "As you know, microchips are becoming more complex, so designing, verifying and manufacturing [them], even though we may take them for granted with their being in phones, computers etc., is becoming harder for engineers. So, we provide technology and IP to ease the design of these chips and to increase and advance productivity."

Concurrent with Magic2's announcement was news that Epsilon, GBT's Reliability Verification (RV) Software tool for real-time analysis and Auto-Correct of integrated Circuits Reliability issues, has received patent approval. Epsilon is also one of the eight announced tools that comprise the Magic2 suite. Rittman described how Epsilon aids and assists in the design process.

"Epsilon is targeting the electrical side of the chip," he said. "Every chip has to obey some electrical constraints, such as the amount of current running in the wires and how much it's going to heat. All of these factors affect the chip's performance, how fast it can be, its lifespan, etc. This is an area we call reliability verification (RV) and Epsilon is an RV tool that measures in real time the reliability of a chip during the design phase. So, if an engineer is designing a chip, very quickly he or she can judge a wire on the screen and if the wire doesn't pass - say it's too thin for a current - it will be highlighted in red, similar to how word processors will highlight a typo."

Another tool in the Magic2 suite is Sigma, which according to the press release is involved in the "Automatic Correction of IC Layout Blocks."

"The Sigma patent that was granted basically handles connectivity," Rittman said. "When a designer designs a chip, the electrical components need to be connected in a certain way to function as a circuit. If these components are not connected correctly, the circuit will not function."

"The Sigma automatically checks the connectivity, finds any faulty connection, erases it and reconnects it in the right way. That's a big and significant productivity enhancement for EDA. For instance, a chip that typically takes a year to design by a team of, let's say, 100 engineers you could design the same chip in eight months if you use this type of automation."

Another firm employing artificial intelligence (AI) solutions for EDA is Synopsis, Inc. (NasdaqGS:SNPS). At its Synopsys Users Group (SNUG) Silicon Valley Conference recently, the firm announced the launch of, described as "a suite of AI-driven solutions for the design, verification, testing and manufacturing of the most advanced digital and analog chips. "The press release boasts that enables engineers to "use AI at every stage of chip design, from system architecture to design and manufacturing, and access the solutions in the cloud." Shankar Krishnamoorthy, GM of Synopsys EDA Group, said:

"Increased complexity, engineering resource constraints and tighter delivery windows were challenges crying out for a full AI-driven EDA software stack from architectural exploration to design and manufacturing - and we've delivered it. With solutions, our customers' ability to search design solution spaces across multiple domains is in hyperdrive. They're finding optimal results far faster as the ai learns run-to-run, and it's transforming their ability to meet and beat tough design and productivity targets."

Elsewhere in the space, electronic systems design heavyweight Cadence Design Systems, Inc. (NasdaqGS:CDNS) recently announced the Cadence Virtuoso Studio, described as "a next-generation custom design platform that delivers an optimal design experience and ushers in the future for custom analog design." Virtuoso Studio leverages Generative AI technology for Design Migration, which users can employ "to take existing IP and transform it for their next-generation designs." Tom Beckley, Senior Vice President and General Manager, Custom IC & PCB Group at Cadence, said:

"Cadence continues its commitment to providing customers with the most comprehensive set of integrated tools and solutions that make it simpler for our customers to design and verify emerging heterogeneous systems. Virtuoso Studio sets the new industry standard for doing analog, mixed-signal, RF and photonics design. Customers get access to the same Virtuoso experience they are accustomed to with improvements that address the latest design challenges."

As for GBT, CEO Mansour Khatib commented on the company's plans moving forward in the EDA space:

"With all the positive industry feedback, GBT will continue to focus on expanding the family of its various EDA patents and concentrating on strategic potential partnerships with the goal of integrating these technologies into a broad marketplace, diversifying the risk within all these areas, and increasing shareholder value of that portfolio."

With regard to Magic2, Rittman highlighted the significance of chips leveraging AI in enhancing their efficacy.

"AI Chips specifically provide for heavy computing power and processing of big data, and making them faster, better, more reliable, and less heat (contributing to a more green world from consuming less current) will make for a better world, environment, and for our society," he said.

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About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) ("GBT") ( 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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