The
#AIEye: GBT (OTC PINK: $GTCH) Completes Phase I of Avant! #AI Expert Agent,
Accenture (NYSE: $ACN) Acquires Analytics8 and IBM (NYSE: $IBM) Works with
Lightship Works
Global
#AI in #Robotics Market to Reach $12.3 Billion by 2023
Point Roberts WA, Vancouver BC – August 30, 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 artificial intelligence.
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Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTC PINK:GTCH) (NYSE:ACN) (NYSE:IBM)
GBT Technologies Inc. (OTC PINK:GTCH) has completed its phase I Avant! Artificial
Intelligence "Expert Agent", and has released
it for public use as beta version where visitors can ask it questions. Danny
Rittman, GBT CTO, commented:
"This
is one of our major milestone and achievement for GBT CR. Avant! can be used as
an Expert Agent in a wide variety of domains, including such fields as
medicine, law, finance, education, customer support and virtually any knowledge
base. The system learns the subject by scanning information from documentation
like books, research papers, etc. In addition, the system learns from the
Internet and can be trained by humans. All these informational resources are
used within the Avant! AI platform Expert Agent so that it can understand questions,
analyze information and provide conclusions.
Accenture (NYSE:ACN) has completed its acquisition of privately-held big data and
analytics consultancy Analytics8, thereby strengthening its capabilities to
deliver AI-powered data and advanced analytics services to clients across
Australia and New Zealand. Dr. Athina Kanioura, Accenture’s chief analytics
officer and global Applied Intelligence lead, said:
“The
acquisition of Analytics8 means we have further bolstered our applied intelligence
offering, scaling at speed to meet the growing demand for AI-powered
intelligence.”
IBM (NYSE:IBM) is working with Lightship Works, an intelligent field
operations start-up in Kamloops, British Columbia, to integrate AI with IBM
Watson on IBM Cloud into the latter’s disaster response solutions. Jaethan
Reichel, CEO and co-founder, Lightship Works, commented:
"Technology
is a game-changer that augments capacity of first responders and recovery
agencies. We are witnessing a trend where natural disasters are becoming more
complex, frequent, and of higher intensity than ever, so it is really important
that the technology be easy to use but also incredibly stable, secure, and
responsive. That is one of the reasons we decided to work with IBM."
Global
AI in Robotics Market to Reach $12.3 Billion by 2023
A report from Research Mentor finds that the global AI
in Robotics market will grow from $2.7 billion in 2017 to $12.3 billion by 2023
with a compound annual growth rate (CAGR) of 28.64 percent in the forecast
period of 2018-2023. An abridged excerpt from the report summary reads:
Support
from governments worldwide to develop modern technologies is driving the growth
of the market. […]. Service robots are expected to hold the major share of the
AI robots market in 2018; the market for these robots is expected to grow at a
high rate during the forecast period. Service robots are used for various
applications worldwide. The increasing adoption of these robots for personal use,
such as companionship and entertainment and the high adoption of robots for
personal use is driving the growth of the market for service robots.
Sam Mowers,
Investorideas.com
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