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Wednesday, October 9, 2019

The #AIEye: GBT to Implement RRN into Avant! AI (OTC PINK: $GTCH) and IBM (NYSE: $IBM) Ranked Leader in Global #AI Market Share, 2018

The #AIEye: GBT to Implement RRN into Avant! AI (OTC PINK: $GTCH) and IBM (NYSE: $IBM) Ranked Leader in Global #AI Market Share, 2018

National Science Foundation Announces $200 Million Long-Term AI Research Program

Point Roberts WA, Vancouver BC – October 9, 2019  – (, 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:IBM)

GBT Technologies Inc. (OTC PINK:GTCH) is implementing a new approach within its intelligent agent, recurrent relational reasoning (RRN). RRN is described in the press release as “an artificial neural network component with a structure that can reason about relations among objects”. This will be implemented within Avant! AI in the coming months, enabling it with logic analysis boost to handle vast information and data interpretation complexity. Danny Rittman, GBT's Chief Technology Officer, explained:

"Our goal is to implement a fundamental part of human intelligence called relational reasoning, which is planned to enable Avant! to acquire expertise on its own by understanding object's relations. Avant! will include an advanced artificial neural network (ANN) capable of pattern recognition and reasoning about those patterns which is very similar to the human brain. Rather than operating on pre-set rules, the system will learn image's patterns by tweaking the relations between objects, analyzing connections, and building hypotheses about how they relate to each other. This capability will be used for Avant! imaging system for upcoming implementation in the medical field. We are creating an interactive and intuitive intelligent system that performs complex computation over discrete entities and the relations between them. Our goal is to provide Avant! a broad range of advantages and capabilities when it comes to intelligent imaging, especially in the medical domain.”

IBM (NYSE:IBM) has been ranked the market share leader in the IDC Market Share: Worldwide Artificial Intelligence Market Shares, 2018 report for the third consecutive year. The report ranks companies by their global AI revenue in 2018. IBM is responsible for 9.2 percent of the entire global AI market growth. Beth Smith, General Manager, IBM Watson AI, commented:

"IBM's recognition in IDC's report demonstrates the strength of our business and our leading position at the forefront of artificial intelligence. As the AI market moves from experimentation to production, we're helping businesses integrate AI with their applications to make more accurate predictions, automate decisions and processes, and free up employees' time so they can focus on higher value work."

National Science Foundation Announces $200 Million Long-Term AI Research Program

EurekAlert! reports that the National Science Foundation (NSF) in the U.S. has announced a new AI advanced research program promoting long-term research. The project, which is called the National Artificial Intelligence Research Institutes program, expects around $120 million in grants next year to “fund planning grants and up to six research institutes in order to advance AI research and create national nexus points for universities, federal agencies, industries and nonprofits”. With planning grants and cooperative agreements, the project anticipates about $200 million in total for investment. High priority areas of research are identified as:

     Trustworthy AI
     Foundations of Machine Learning
     AI-Driven Innovation in Agriculture and the Food System
     AI-Augmented Learning
     AI for Accelerating Molecular Synthesis and Manufacturing
     AI for Discovery in Physics

Sam Mowers,

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