#AIEye
#Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NYSE: $LAW)
GBT
Files Continuation Patent Application for IC Auto Correction Technology, and CS
Disco Announces Forthcoming AI Chatbot
Global
#ConversationalAI Market to Reach $32.5B by 2030
Vancouver, Kelowna, Delta, BC – March 21, 2023 – 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).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2023/032123-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/03211GTCH-LAW.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:LAW)
GBT Technologies Inc. (OTC PINK:GTCH) has filed a continuation patent application
seeking to protect the automatic correction of Integrated Circuits (ICs)
electrical connectivity mismatches, codenamed Sigma. An excerpt from the press
release reads:
The
continuation application is particularly focused on the Artificial Intelligence
methods to enable high accuracy, optimization, and utilization of silicon area
utilization, and handling complex calculations in a reasonable time. As modern
chips consist of huge data, analyzing and processing tasks become a significant
challenge. GBT is seeking to address these topics efficiently and rapidly. Upon
implementation of this technology, we believe IC design companies will be able
to design microchips faster and bring them to market faster, which will create
new opportunities and horizons in this domain. GBT intends to file a series of
patent applications in this field to further enhance the next era of integrated
circuit design and manufacturing methods.
CS Disco, Inc. (NYSE:LAW) has announced the upcoming release of DISCO
Cecilia – expected to be commercially available in 2023 – “an AI chatbot that
is designed to allow lawyers to find their evidence faster and more easily.”
Kiwi Camara, DISCO’s CEO, explained:
"With
DISCO Cecilia, we believe that lawyers will be able to treat a DISCO Ediscovery
database like a witness who has read every document and always tries to tell
the truth by citing documents for every answer. We expect that
question-and-answer workflows, like those enabled by DISCO Cecilia, will be a
powerful addition to the traditional search-and-review workflows enabled by
existing DISCO products. DISCO’s mission is to combine world-class engineering
with a deep love and respect for the law to build products that make the law
better. We are delighted to do this again in the space of natural language
processing, generative AI, and advanced search technologies resulting in an
amazing DISCO chatbot for legal."
Global
Conversational AI Market to Reach $32.5B by 2030
A report published by Market Research Future finds that the global
market for Conversational AI is projected to reach $32.5 billion USD by 2030,
registering a compound annual growth rate (CAGR) of 22.6 percent in the
forecast period 2022-30.
The growing use of conversational
intelligence in user-based services is the crucial driver of the … market.
Social media platforms have [a high] adoption of AI – and companies like
Facebook, Instagram, Twitter and telegram have a higher utilization of
conversational artificial intelligence. The collaborations in these sites lead
to more interaction with customers.
The
demand from this user end is advantageous for the overall growth. The branding
and businesses in these social platforms are leading to higher demand. Many
businesses in these platforms adopt AI for better interaction with customers.
Sam Mowers, Investorideas.com
Read and
hear other editions of the AI Eye
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artificial intelligence stocks on Investorideas.com visit
here
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