The #AIEye –
Increased #AI-Related Patent Applications and IP Portfolios- (OTCPINK: $GTCH),
(NYSE: $IBM) (Nasdaq: $NVDA) (Nasdaq: $BIDU)
Point Roberts WA, Vancouver BC – December
16, 2019 – Investorideas.com (www.investorideas.com), a global investor news source
covering Artificial Intelligence (AI) releases a
special edition of The
AI Eye, looking at the
significance of patents for AI companies positioning in the sector, including GBT Technologies Inc. (OTCPINK:GTCH).
GBT
Technologies is a
development-stage company, native IoT creator, developing Internet of Things
(IoT) and Artificial Intelligence (AI) enabled mobile technology platforms.
As
Artificial Intelligence (AI) becomes increasingly visible in the popular
imagination through applications such as virtual assistants, computer vision,
natural language processing and self-driving cars, companies are unsurprisingly
expanding their IP (intellectual property) portfolios to keep pace.
Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/12161AIEye-GTCH-IBM-NVDA-BIDU.asp
According to the World Intellectual Property Organization (WIPO),
“Since that time, innovators and researchers have published over 1.6 million
AI-related scientific publications and filed patent applications for nearly
340,000 AI-related inventions.”
The report from WIPO looks at growth trends in AI,
and specifically AI-related application patents. According to the research,
machine learning (ML) is mentioned in 40 percent of all AI-related patents,
while deep learning represents the “fastest growing technique in AI, with a 175
percent increase [from 2013 to 2016].”
The
report found that in the period of 2013 to 2016, IBM (NYSE:IBM) led the world in AI patent applications
with 8,920 patent families. IBM began 2019 with news that it had led US patents received –
for the 26th consecutive year – with 9,100 in 2018. This included an
industry-leading 1,600 AI patents ranging from “new ways to use AI to help us
converse and protect the earth's lakes and waterways” to “an AI-powered
security approach to combat voice phishing.”
Although
GBT Technologies Inc. (OTCPINK:GTCH) still defines itself as a development
stage company, like their AI industry peers, it has a long history of filing
patents.
GBT
Technologies recently announced that its mobile database sharing,
non-provisional patent application was published on November 28, 2019 as a US
and International (PCT) application. In a statement to Investorideas.com, GBT’s
CTO, Dr. Danny Rittman broke down the importance of IP portfolios generally and
with regard to GBT’s own Avant! AI:
“Building an IP is a
valuable and essential investment for any tech company: a comprehensive portfolio
can help a company to expand and diversify revenue streams while developing
meaningful protection for core IP assets. A strong IP portfolio may be
instrumental for fundraising, exit strategy, and business transactions such as
mergers and acquisitions, to name a few. IP may consist of patents, trademarks,
copyright, and trades secrets. When referring to AI, patents are very
important, yet trades secrets will be the key value. All AI platforms are based
on the ability of the machine to learn. Each achieves its goal based on set of
algorithms to perform the “study” task. For example, GBT implemented a new
approach within its intelligent AI agent, recurrent relational reasoning
(Recurrent Relational Networks - RRN). The new set of algorithms enables GBT's
AI system to explicitly consider relations between objects or abstract ideas.
RRN is an artificial neural network component with a structure that can reason
about relations among objects. Avant!’s RRN method performs multiple analyses
simultaneously, analyzing each object and its connections to others, and
creating alerts in the case of condition changes. Each object is evaluated
considering other objects relations to propagate from one object to the next,
examining methodically complex chains of interactions. Avant! Recurrent
Relational Network is a general purpose module that can improve any neural
network model with a powerful relational reasoning capacity.”
GBT
Technologies Inc. announced
in November that its communication
microchip patent application received final allowance notice and expected to be
granted during the first quarter of 2020.
GBT's patent application for its secured communication integrated
microchip (“IC”), named GopherInsight™ protects innovative integrated circuit
technology targeted to be installed on IoT/mobile devices.
In August, GBT also
announced it received from the United States
Patent and Trademark Office a Notice of Publication and published application
for the GRT application. The GRT (Gopher Radio Token) is an IoT/Mobile
exchange/security application that is formed by the radio transmissions of a
GopherInSight™ platform device, such as a chip, an IoT appliance or a wireless
mesh network node.
NVIDIA
Corporation (NasdaqGS:NVDA), which boasted some 7,000 patent assets in 2015, has
elected to pursue AI development in applications such as its GPU design. In a
press release announcing the company’s Q3 financial results, NVIDIA founder and CEO Jensen Huang
commented:
“This quarter, we have laid the
foundation for where AI will ultimately make the greatest impact. We extended
our reach beyond the cloud, to the edge, where GPU-accelerated 5G, AI and IoT
will revolutionize the world’s largest industries. We see strong data center
growth ahead, driven by the rise of conversational AI and inference.”
To
illustrate the growth of AI-related patent applications, Chinese multinational
tech and internet firm Baidu (NasdaqGS:BIDU) recently revealed that it has
filed a total of 5,712 patents (as of October), this year alone. Baidu recently
published a press release indicating that it has filed the most
AI-related patent applications in China in 2019. The firm beat out competitors
Tencent (4,115), Microsoft (3,978), Inspur (3,755) and Huawei (3,656). An
excerpt from the press release captures the impetus for forging ahead in AI
innovation, as the technology finds increasing application:
“After years of research, Baidu has
developed a comprehensive AI ecosystem and is now at the forefront of the
global AI industry. Moving forward, Baidu will continue to conduct research in
the core areas of AI, contribute to scientific and technological innovation in
China, and actively push forward the application of AI into more vertical
industries. Baidu is positioned to be a global leader in a wave of innovation
that will transform industries.”
With
AI technology becoming more pervasive and more visible, one can expect tech
firm IP portfolios and attendant patent applications to expand alongside at a
considerable rate.
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 .
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 monthly 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
Contact
Investorideas.com
800 665 0411
No comments:
Post a Comment