The AI Eye

The AI Eye
Watching stock news, deal tracker and advancements in artificial intelligence

Friday, February 21, 2020

The #AIEye: Cisco (NasdaqGS: $CSCO) Announces #IoT Portfolio Innovations Including #MachineLearning and Wipro (NYSE: $WIT) Digital Acquires CX Firm Rational Interaction




The #AIEye: Cisco (NasdaqGS: $CSCO) Announces #IoT Portfolio Innovations Including #MachineLearning and Wipro (NYSE: $WIT) Digital Acquires CX Firm Rational Interaction

Global #AI in Construction Market to Reach $2.642 Billion by 2026



Point Roberts WA, Vancouver BC – February 21, 2020  – 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 artificial intelligence.

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

Stocks discussed: (NasdaqGS:CSCO) (NYSE:WIT)

Cisco Systems, Inc. (NasdaqGS:CSCO) has announced improvements to its IoT portfolio including the introduction of “machine learning capabilities for improved cellular IoT connection management, control, and increased security.” An excerpt from the press release explains:

With visibility into 3 billion events every day, Cisco IoT Control Center uses the industry's broadest visibility to enable machine learning models to quickly identify anomalies and address issues before they impact a customer. Service providers can also identify and alert customers of errant devices, allowing for greater endpoint security and control.

The press release features the following comment from Cisco partner Astus:

"Our business is fleet management, which means we need to know where our assets are at all times. The human capital required to manufacture that level of visibility is demanding. But by building the power of machine learning into our connectivity management, Control Center is effectively giving us automatic visibility and the freed resources to be proactive. Instead of crunching data, our staff is free to do the high value work of chasing down security threats or malfunctions that we've been alerted to and resolving them before they do damage."

Wipro Digital, the digital business unit of Wipro Limited (NYSE:WIT), has announced the acquisition of digital customer experience (CX) company Rational Interaction. According to the press release, this will connect “Rational Interaction's ability to map and orchestrate the customer journey with Wipro Digital's ability to design and build experiences at global scale.” Nitin Parab, Sr. Vice-President and Global Head, Technology Business Unit, Wipro Limited, said:

"Capturing customer sentiment in real time and using AI to engage with customers in more meaningful ways will drive higher engagement, purchase and loyalty. Rational Interaction and Wipro's combined capability provides an end-to-end solution for clients, who know they have to compete on customer experience.”

At press time Wipro stock is up half a percent. This is somewhat at odds with the S&P 500 and Dow, which are both slightly in the red currently.

Global AI in Construction Market to Reach $2.642 Billion by 2026

A report from Research Dive finds that the global AI in Construction market will grow from $408.1 million in 2018 to $2.642 billion by 2026 with a compound annual growth rate (CAGR) of 26.3 percent in the forecast period. An excerpt outlines expected drivers in the market:

The cost efficiency and the availability of advanced artificial intelligence products are expected to drive the AI in construction market. Many large companies hire the experts going over budget and spend a lot of time hiring the professionals for their project team. With the help of artificial neural networks, the professionals calculate the overhead cost, where they predict the total cost of the project based on the historical data with accurate information which saves a lot of money and time for the company. Many companies have implemented the use of robots, drones and many other automated vehicles which gives them the aerial view of the construction site, mapping and surveying, which helps them to automate the construction site which increases the work efficiency of the workforce.

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
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5G #Stock iQSTEL, Inc. (OTC: $IQST) to participate in Interview at NASDAQ Marketsite in Times Square NYC; @IQstel


5G #Stock iQSTEL, Inc. (OTC: $IQST) to participate in Interview at NASDAQ Marketsite in Times Square NYC; @IQstel



NEW YORK, NY  - February 21, 2020 (Investorideas.com Newswire ) Breaking Tech /5G Stock News - iQSTEL Inc. (OTC: IQST),  a technology company offering a wide array of services, including 5G, to the Telecommunications Industry, is delighted to let shareholders know about an invitation the Company received for an exclusive interview at the NASDAQ Marketsite in Times Square, New York on Wednesday, March 25th, 2020.


“Our diligent work in the 5G and general Telecom marketplaces is paying off with record revenues, strong growth, and completion of acquisitions. As detailed in our most recent press release, our business plan is unfolding rapidly, building excitement throughout the Company as we see record revenues and growth for 2020,“ commented Mr. Iglesias, the Company’s CEO.

Some of the main topics Mr. Iglesias, iQSTEL Inc.’s (OTC: IQST) CEO, will be discussing include:

-Company history
-Corporate structure (Parent and subsidiaries)
-Record revenues
-Completed and forthcoming acquisitions
-Projected 2020 earnings
-Financial audits and up-listing to a higher exchange

During the NASDAQ Marketsite interview, iQSTEL Inc.’s (OTC: IQST) CEO plans to discuss the requirements the Company has already met for an uplist to a higher exchange.

“The synergy we are developing between our parent company and subsidiaries is already proving to be a win-win all around. It has only been a few months since the completion of the SwissLink acquisition and we are already seeing additional revenue generating results from cross-selling and expanded business relationships,” wrapped up Mr. Iglesias.

Share structure as of Feb 19th, 2020:
Outstanding shares: 22,872,219
Float shares: 8,422,951

About iQSTEL Inc.:
iQSTEL (OTC: IQST) www.iQSTEL.com is a technology company offering a wide array of services to the Telecommunications Industry. These include services to International Long-Distance Telecommunications Operators (ILD Wholesale), Retail and Corporate markets (ILD Retail), Submarine Fiber Optic Network capacity, Satellite Communications services, Mobile Virtual Network Operator (MVNO) services, Internet of Things (IoT) technology solutions, Data Center facilities capacity leasing, and Blockchain solutions for the Telecommunications industry.

About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.

About QGlobal SMS LLC.:
QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based company founded in 2020 specialized in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in Europe, USA and Latin America. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guarantying its customers high quality and low termination rates, over more than 100 countries worldwide.

Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc.

Paid news Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news release featuring iQSTEL Inc. (OTC: IQST) is a paid for news release on Investorideas.com  https://www.investorideas.com/News-Upload/ More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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The #AIEye Reports on Growing Market for #ArtificialIntelligence Chips: (OTCPINK: $GTCH) (NasdaqGS: $INTC) (NasdaqGS: $QCOM)


The #AIEye Reports on Growing Market for #ArtificialIntelligence Chips: (OTCPINK: $GTCH) (NasdaqGS: $INTC) (NasdaqGS: $QCOM)



Point Roberts WA, Vancouver BC – February 21, 2020  – Investorideas.com (https://www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye, looking at the market for AI Chips and featuring GBT Technologies Inc. (OTCPINK:GTCH).  


As artificial intelligence (AI) markets grow and their accompanying applications are reshaping an array of industries, a demand for the chips that increasingly power these applications is growing in tandem. AI chips are integrated circuits designed for performing AI tasks, such as machine learning algorithms, more efficiently. This is attendant on the rise of an ever-increasing multitude of AI applications including computer vision, speech recognition and natural language processing, in use cases as well as R&D. But while the number of companies that produce and design AI chips is and will continue to be necessarily finite, the application and demand for them has no foreseeable limit.

Projections from a Research and Markets report on the global AI chip market put growth from $5.65 billion in 2018 to $83.25 billion by 2027 with a compound annual growth rate (CAGR) of 35 percent in the forecast period.

Danny Rittman, CTO of GBT Technologies Inc. (OTCPINK:GTCH) sheds some light on this market, confirming the seeming inevitability of AI chips becoming ubiquitous and highlighting their particular application in IoT systems.

AI microchips will soon become a commodity within our daily lives. One of the prominent examples is the IoT arena. Today's IoT systems have the capability to make decisions based on received information, without human intervention. These systems typically operate via specific circuitries and algorithms and become major factors in many domains like smart cities, autonomous vehicles, environment and agriculture, smart homes and more. A new class of microchips is now emerging and under urgent demand; AI specific integrated circuits. AI integrated circuits are a new family of chips that are designed to handle neural network and other machine learning algorithms to enable a whole world of possibilities for wide variety of applications, one of them is IoT. Machine learning algorithms, embedded within microchips, provide robust data processing, security, efficient power control and more, in real time. If we take smart system's power management for example, this capability significantly prolongs device's operation time, energy savings, and major operating costs reduction. Another example is vast data processing which opens a whole world of possibilities for military and civil systems like drones, robotics and medical apparatus. The ability of analyzing images, identifying objects and providing a real time response created an increasing demand for IoT automation and for supporting hardware. Especially the high demand for IoT technology started a development race for AI microchips targeted for IoT devices. This emergence of AI based smart hardware, particularly within IoT/Mobile, image processing, security, database management and similar, will be a key trend driving the growth of the AI microchips market.

For its own part, GBT announced in November last year the implementation of its “Avant! AI technology into its Epsilon EDA (Electronic Design Automation) program with the goal of achieving increased reliability for microchips.” Through this, Epsilon ensures that the microchip runs faster with lower power consumption, and it does this by performing a reliability analysis on the microchip and its circuitry during the design phase. Rittman explained:

“If it finds any suspicious areas, it immediately alerts the user as he or she designs the circuit. I would compare it to a spell check. It’s highlighting in red, IC reliability, potential problems, as the designer works. We call it: Reliability-Aware Design Environment. That's the biggest advantage of Epsilon EDA tool. It's a real-time analysis for reliability."

Commenting on the broad application of AI in EDA, Rittman said:

“This will enable IC design houses to work more efficiently with customer budgets, knowing a chip's life span. Using Avant! AI for the IC reliability domain will ensure high reliability and performance ICs which are particularly crucial for areas like aviation, space exploration, military and medicine, where human lives depend on integrated circuits operation."

Elsewhere, SoftBank Group Corp. (TYO:9984) subsidiary, Arm Ltd., a semiconductor technology firm recently announced the launch of an AI chip for small IoT devices. Combining “the Cortex-M55, Arm's most AI-capable Cortex-M processor, and the Ethos-U55, the industry's first microNPU for Cortex-M,” the company aims to proliferate use cases for developers by deploying AI “to billions more devices and people.” Some of these use cases outlined by the company include established products like earbuds, fingerprint unlock, health trackers, predictive maintenance, smart speakers and video doorbells. In part echoing Rittman’s comments mentioned previously, an excerpt from Arm’s Solutions Brief reads:

“As the IoT intersects with artificial intelligence (AI) advancements and the rollout of 5G, more on-device intelligence means that smaller, cost-sensitive devices can be smarter and more capable. They also benefit from greater privacy and reliability due to less reliance on the cloud or internet. By delivering this intelligence on microcontrollers designed securely from the ground up, Arm is reducing silicon and development costs and speeding up time to market for product manufacturers looking to enhance digital signal processing (DSP) and machine learning (ML) capabilities on-device.”

Not dissimilar to what GBT’s Avant! engenders, a comment from Kishore Manghnani, Co-founder and CEO, Shoreline IoT, similarly emphasizes the labour and power-saving benefits of the Arm solution:

"The flexibility, uplift in performance and ease of development that the Arm Cortex-M55 and Ethos-U55 processors bring will enable Shoreline IoT to deliver solutions with a much longer battery life and more complex, faster and advanced ML algorithms right at the endpoint."

The expansion of AI chips can equally be seen at the highest peaks of the technology world. Chip-manufacturing juggernaut, Intel Corporation (NasdaqGS:INTC) recently acquired Israel-based AI chipmaker Habana Labs for approximately $2 billion. This acquisition was shortly followed by the company’s decision to switch its AI chip focus from Nervana Systems, which it acquired in 2016, to Habana, according to an article from Forbes. According to that same article, written by analyst Karl Freund from tech analysis firm Moor Insights and Strategy, “Customer input helped make the company’s decision to build its AI roadmap based on Habana, bringing in future enhancements from the Nervana NNP architecture and software.” Specifically noted are ‘the advantages of a converged architecture for inference and training,” which Habana brings.

The official announcement for the Habana Labs acquisition noted:

“Intel estimates the total addressable market (TAM) for AI silicon by 2024 will be greater than $25 billion, and within that, AI silicon in the data center is expected to be greater than $10 billion in the same timeframe.”

Then there’s Qualcomm, a company well known for its AI, particularly through its Snapdragon mobile platforms and which previously had a line of CPUs called Centriq that it has since abandoned. In April last year, Qualcomm (NasdaqGS:QCOM) announced the Cloud AI 100 processor family of AI chips “to meet the explosive demand for AI inference processing in the cloud.” According to an article from independent Microsoft IT outlet Redmond, “’Inference processing’ refers to the ability of a trained neural network to infer things from new data inputs in which it was not specifically trained.” Keith Kressin, Senior Vice President, Product Management, Qualcomm Technologies, Inc., explained:

“Our all new Qualcomm Cloud AI 100 accelerator will significantly raise the bar for the AI inference processing relative to any combination of CPUs, GPUs, and/or FPGAs used in today’s data centers. Furthermore, Qualcomm Technologies is now well positioned to support complete cloud-to-edge AI solutions all connected with high-speed and low-latency 5G connectivity.”

Just as there seems to be an ever-growing list of applications that AI can generate, the consequent need for AI chips behind-the-scenes is growing alongside it. And with this increased demand, a panoply of approaches, as demonstrated by the previously mentioned companies, is likely to continue in this new and dynamic market.

GBT Technologies’ Danny Rittman notes:

“The demand for specialized AI chips is under constant growth and the R&D cost to develop these is high. Hi-Tech firms, starting with the leaders, are constantly seeking experienced and knowledgeable AI experts, yet the market's growth is somewhat tapered by the shortage of skilled workforce in this domain. In the upcoming decade, IC design houses will massively invest in efforts to develop AI expertise in order to respond to the increased demand for AI solutions. GBT is one of the companies that is focusing on AI IC technology in order to be among the worldwide pioneers that will enable smart AI microchips for a wide variety of applications, among them are efficient power management, huge data processing, security, intelligent imaging and more.”

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: GTCH is a paid news and social media client on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

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Thursday, February 20, 2020

The #AIEye: Let the Chips Fall Where They May - The Burgeoning Market for #ArtificialIntelligence Chips: (OTCPINK: $GTCH) (NasdaqGS: $INTC) (NasdaqGS: $QCOM)


The #AIEye: Let the Chips Fall Where They May - The Burgeoning Market for #ArtificialIntelligence Chips: (OTCPINK: $GTCH) (NasdaqGS: $INTC) (NasdaqGS: $QCOM)



Point Roberts WA, Vancouver BC – February 20, 2020  – Investorideas.com (https://www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye, looking at the market for AI Chips and featuring GBT Technologies Inc. (OTCPINK:GTCH).  

Read this article, featuring GTCH in full at

As artificial intelligence (AI) markets grow and their accompanying applications are reshaping an array of industries, a demand for the chips that increasingly power these applications is growing in tandem. AI chips are integrated circuits designed for performing AI tasks, such as machine learning algorithms, more efficiently. This is attendant on the rise of an ever-increasing multitude of AI applications including computer vision, speech recognition and natural language processing, in use cases as well as R&D. But while the number of companies that produce and design AI chips is and will continue to be necessarily finite, the application and demand for them has no foreseeable limit.

Projections from a Research and Markets report on the global AI chip market put growth from $5.65 billion in 2018 to $83.25 billion by 2027 with a compound annual growth rate (CAGR) of 35 percent in the forecast period.

Danny Rittman, CTO of GBT Technologies Inc. (OTCPINK:GTCH) sheds some light on this market, confirming the seeming inevitability of AI chips becoming ubiquitous and highlighting their particular application in IoT systems.

AI microchips will soon become a commodity within our daily lives. One of the prominent examples is the IoT arena. Today's IoT systems have the capability to make decisions based on received information, without human intervention. These systems typically operate via specific circuitries and algorithms and become major factors in many domains like smart cities, autonomous vehicles, environment and agriculture, smart homes and more. A new class of microchips is now emerging and under urgent demand; AI specific integrated circuits. AI integrated circuits are a new family of chips that are designed to handle neural network and other machine learning algorithms to enable a whole world of possibilities for wide variety of applications, one of them is IoT. Machine learning algorithms, embedded within microchips, provide robust data processing, security, efficient power control and more, in real time. If we take smart system's power management for example, this capability significantly prolongs device's operation time, energy savings, and major operating costs reduction. Another example is vast data processing which opens a whole world of possibilities for military and civil systems like drones, robotics and medical apparatus. The ability of analyzing images, identifying objects and providing a real time response created an increasing demand for IoT automation and for supporting hardware. Especially the high demand for IoT technology started a development race for AI microchips targeted for IoT devices. This emergence of AI based smart hardware, particularly within IoT/Mobile, image processing, security, database management and similar, will be a key trend driving the growth of the AI microchips market.

For its own part, GBT announced in November last year the implementation of its “Avant! AI technology into its Epsilon EDA (Electronic Design Automation) program with the goal of achieving increased reliability for microchips.” Through this, Epsilon ensures that the microchip runs faster with lower power consumption, and it does this by performing a reliability analysis on the microchip and its circuitry during the design phase. Rittman explained:

“If it finds any suspicious areas, it immediately alerts the user as he or she designs the circuit. I would compare it to a spell check. It’s highlighting in red, IC reliability, potential problems, as the designer works. We call it: Reliability-Aware Design Environment. That's the biggest advantage of Epsilon EDA tool. It's a real-time analysis for reliability."

Commenting on the broad application of AI in EDA, Rittman said:

“This will enable IC design houses to work more efficiently with customer budgets, knowing a chip's life span. Using Avant! AI for the IC reliability domain will ensure high reliability and performance ICs which are particularly crucial for areas like aviation, space exploration, military and medicine, where human lives depend on integrated circuits operation."

Elsewhere, SoftBank Group Corp. (TYO:9984) subsidiary, Arm Ltd., a semiconductor technology firm recently announced the launch of an AI chip for small IoT devices. Combining “the Cortex-M55, Arm's most AI-capable Cortex-M processor, and the Ethos-U55, the industry's first microNPU for Cortex-M,” the company aims to proliferate use cases for developers by deploying AI “to billions more devices and people.” Some of these use cases outlined by the company include established products like earbuds, fingerprint unlock, health trackers, predictive maintenance, smart speakers and video doorbells. In part echoing Rittman’s comments mentioned previously, an excerpt from Arm’s Solutions Brief reads:

“As the IoT intersects with artificial intelligence (AI) advancements and the rollout of 5G, more on-device intelligence means that smaller, cost-sensitive devices can be smarter and more capable. They also benefit from greater privacy and reliability due to less reliance on the cloud or internet. By delivering this intelligence on microcontrollers designed securely from the ground up, Arm is reducing silicon and development costs and speeding up time to market for product manufacturers looking to enhance digital signal processing (DSP) and machine learning (ML) capabilities on-device.”

Not dissimilar to what GBT’s Avant! engenders, a comment from Kishore Manghnani, Co-founder and CEO, Shoreline IoT, similarly emphasizes the labour and power-saving benefits of the Arm solution:

"The flexibility, uplift in performance and ease of development that the Arm Cortex-M55 and Ethos-U55 processors bring will enable Shoreline IoT to deliver solutions with a much longer battery life and more complex, faster and advanced ML algorithms right at the endpoint."

The expansion of AI chips can equally be seen at the highest peaks of the technology world. Chip-manufacturing juggernaut, Intel Corporation (NasdaqGS:INTC) recently acquired Israel-based AI chipmaker Habana Labs for approximately $2 billion. This acquisition was shortly followed by the company’s decision to switch its AI chip focus from Nervana Systems, which it acquired in 2016, to Habana, according to an article from Forbes. According to that same article, written by analyst Karl Freund from tech analysis firm Moor Insights and Strategy, “Customer input helped make the company’s decision to build its AI roadmap based on Habana, bringing in future enhancements from the Nervana NNP architecture and software.” Specifically noted are ‘the advantages of a converged architecture for inference and training,” which Habana brings.

The official announcement for the Habana Labs acquisition noted:

“Intel estimates the total addressable market (TAM) for AI silicon by 2024 will be greater than $25 billion, and within that, AI silicon in the data center is expected to be greater than $10 billion in the same timeframe.”

Then there’s Qualcomm, a company well known for its AI, particularly through its Snapdragon mobile platforms and which previously had a line of CPUs called Centriq that it has since abandoned. In April last year, Qualcomm (NasdaqGS:QCOM) announced the Cloud AI 100 processor family of AI chips “to meet the explosive demand for AI inference processing in the cloud.” According to an article from independent Microsoft IT outlet Redmond, “’Inference processing’ refers to the ability of a trained neural network to infer things from new data inputs in which it was not specifically trained.” Keith Kressin, Senior Vice President, Product Management, Qualcomm Technologies, Inc., explained:

“Our all new Qualcomm Cloud AI 100 accelerator will significantly raise the bar for the AI inference processing relative to any combination of CPUs, GPUs, and/or FPGAs used in today’s data centers. Furthermore, Qualcomm Technologies is now well positioned to support complete cloud-to-edge AI solutions all connected with high-speed and low-latency 5G connectivity.”

Just as there seems to be an ever-growing list of applications that AI can generate, the consequent need for AI chips behind-the-scenes is growing alongside it. And with this increased demand, a panoply of approaches, as demonstrated by the previously mentioned companies, is likely to continue in this new and dynamic market.

GBT Technologies’ Danny Rittman notes:

“The demand for specialized AI chips is under constant growth and the R&D cost to develop these is high. Hi-Tech firms, starting with the leaders, are constantly seeking experienced and knowledgeable AI experts, yet the market's growth is somewhat tapered by the shortage of skilled workforce in this domain. In the upcoming decade, IC design houses will massively invest in efforts to develop AI expertise in order to respond to the increased demand for AI solutions. GBT is one of the companies that is focusing on AI IC technology in order to be among the worldwide pioneers that will enable smart AI microchips for a wide variety of applications, among them are efficient power management, huge data processing, security, intelligent imaging and more.”

Sam Mowers, Investorideas.com


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