The
#AIEye: Gopher (OTCQB: $GOPH) Receives International Search Report and Opinion
Regarding Radio #Token Patent Application, Vertafore Chooses AWS (NasdaqGS: $AMZN)
to Accelerate Innovation and IBM (NYSE: $IBM) Collaborates with Sun & Baelt
Global
Wearable #AI Market to Reach $251.62 Billion by 2026
Point Roberts WA, Vancouver BC – April 24, 2019 – 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
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Today’s
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AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Gopher Protocol Inc. (OTCQB:GOPH) has received an International Search Report and Written
Opinion pertaining to its Gopher Radio Token application from the International
Searching Authority under the Patent Cooperation Treaty. This allows the
company to expedite examination in its U.S. application for no extra United
States Patent and Trademark Office cost. According to the press release, “Gopher intends to use its
Avant! AI technology to govern security and vast data processing for the GRT
[Gopher Radio Token]. This opens an entire world of possibilities that are
enabled by a powerful artificial intelligence system. Avant! will be also learn
about patterns and efficient usage of Blockchain data in order to maintain
integrity and reliability of the overall system”.
Insurance tech company Vertafore has chosen Amazon Web Services (AWS), a subsidiary
of Amazon (NasdaqGS:AMZN), to accelerate its innovation
in and provide insights in customer service for insurers and underwriters.
Particularly, Vertafore is leveraging the Amazon ML Solutions Lab to “build,
train, and deploy machine learning models that will automate policy checking
capabilities for customer service representatives”. Amy Zupon, CEO of
Vertafore, said:
“After
reviewing several potential cloud providers, we chose AWS because they deliver
the leading portfolio of cloud services and advanced technologies along with
the ingenuity, security, reliability, and agility required to address the
insurance industry’s biggest challenges.”
IBM (NYSE:IBM) has announced a collaboration with infrastructure owner and
operator giant Sund & Baelt. The collaboration pairs Sund & Baelt’s
operational expertise with IBM’s Maximo Enterprise Asset Management and Asset
Performance Management (APM) solutions, utilizing AI and IoT to reduce
maintenance costs and improve infrastructure lifespan. Kareem Yusuf, Ph.D.,
General Manager, IBM Watson IoT, commented:
"Bridges,
tunnels, and roads provide access to family, job opportunities, education and
more, but much of this infrastructure is aging. With Maximo for Civil
Infrastructure, IBM is applying IoT and AI technology to help organizations
improve the way these structures are monitored and managed.”
Global
Wearable AI Market to Reach $251.62 Billion by 2026
A report from Data Bridge Market Research indicates that the
global wearable AI market will grow from $11.5 billion USD in 2018 to $251.62
billion USD in 2026 with a compound annual growth rate (CAGR) of 29.2 percent
from 2019-2026. An excerpt from the report description reads:
Wearable
AI is often used to track a person’s vital signs of data those are related to
location, health and fitness or even one’s biofeedback indicating emotion.
Although it has some issues like privacy and the extent to which they may
affect the way of social interaction and how the person looks wearing them and
the issues with user-friendliness, it is being used by millions of users
worldwide from smartwatches to fitness trackers, ring and bracelets, even smart
glasses.
Sam Mowers, Investorideas.com
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