#AIEye Episode 471: TELUS International (NYSE: $TU) to Acquire Lionbridge #AI, GBT Technologies’ (OTCPINK: $GTCH) JV GBT Tokenize Begins Development of Radio System for AI-Powered qTerm Human Vital Signs Device #artificialintelligence
Global
Speech Recognition AI Camera Market to Exhibit 23.90% CAGR from 2020-2027
Point Roberts WA, Vancouver BC – November 9, 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: (OTCPINK:GTCH) (NYSE:TU)
GBT Technologies Inc. (OTC PINK:GTCH) announced that its joint venture, GBT Tokenize,
has commenced development of a new radio system for its AI-powered qTerm human
vital signs device, enabling it as a private, secured, MESH radio communication
network. GBT’s CTO, Danny Rittman, commented:
"We
have extensive experience, developing innovative radio technologies and we used
them for tracking and IoT/Mobile concepts. We decided to test implementation of
this radio platform within qTerm device to create another layer of advanced
communication and offer future, additional features. We are now checking
efficient frequencies for device communication, facing the challenge of low
power consumption and long range. Another challenge will be the miniaturization
of this radio system in order to fit within our qTerm device size. Since the
system is planned to work with and without GPS, we believe it can save lives by
bypassing the BLE system, transmitting, radio based emergency alert and
location information. We already built an alpha version device to assess radio frequencies
regarding power and range. The design is planned to continue throughout
2021."
TELUS International, the digital customer experience
(CX) subsidiary of TELUS Corporation (NYSE:TU),
has entered into an agreement to acquire
Lionbridge AI. The press release describes Lionbridge AI as a “market-leading
global provider of crowd-based training data and annotation platform solutions
used in the development of AI algorithms to power machine learning.” Jeff
Puritt, President and CEO of TELUS International, explained:
"Given
the "new-normal" post-COVID, with many experts expecting digitization
efforts to further accelerate, we believe the market demand for data annotation
services to support this increased investment in AI and machine learning will
have similarly strong tailwinds. Today’s announcement with Lionbridge AI is a
further testament to TELUS International’s commitment to continually elevate
the breadth and scope of the leading-edge solutions we provide in order to meet
the evolving needs of the valued brands we partner with today and into the
future."
Global
Speech Recognition AI Camera Market to Exhibit 23.90% CAGR from 2020-2027
A report published by Data Bridge Market Research finds that the
global Speech Recognition AI Camera market will exhibit a compound annual
growth rate (CAGR) of 23.90 percent in the forecast period 2020-2027. The
following excerpt from the report’s description outlines some trends observed
in the market:
[The}
increasing need for surveillance and monitoring at commercial stores, [the]
adoption of deep learning, machine learning and natural language processing,
[and the] rising usages of cameras to improve user experience are some of the
factors which [are] likely to enhance the growth of the speech recognition AI
(artificial intelligence) camera market in the forecast period of 2020-2027.
[Additionally], advancement as well as development of big data along with
integration of artificial intelligence technology in devices which will further
boost various opportunities for the growth of the speech recognition AI
(artificial intelligence) camera market in the above mentioned forecast period.
Sam Mowers, Investorideas.com
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