The
#AIEye: GBT Technologies (OTCPINK: $GTCH) to Expand Autonomous Machines
Research, Accenture (NYSE: $ACN) Opens Innovation Center in Singapore; Cheetah
(NYSE: $CMCM) Reports “Unprecedented Year of Sales” for #AI-Powered Translator
Global
Autonomous Shipping Market to See CAGR of 13.5% from 2019-2025
Point Roberts WA, Vancouver BC – January 21, 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:ACN) (NYSE:CMCM)
GBT Technologies Inc. (OTCPINK:GTCH) is expanding its autonomous machines research, and
working on the development of a dynamic simulation program for robots. GBT’s
CTO, Dr. Danny Rittman, explained:
"We
are developing our own simulation methods and algorithms in order to emulate
and test real-life situations. Our simulation includes the interaction of
robots with the environment and its responding behavior in real time. A major
part of the simulation will include the robot navigation activities within its
environment based on GBT tracking system."
"We
are going to simulate real and predicted situations like collision risks and
interactions between stationary and moving objects, like for example other
robots. We create virtual objects in order to emulate real-life conditions and
possible scenarios. Our dynamic simulation program includes a ranking system
that will be based on reasoning, computational handling, stability, data
processing and response time. The new program is planned to become part of our
robotics research and development flow. It will be used for mobile like
vehicles and drones, as for stationary robotic applications simulations,
enabling the creation of advanced systems in the field."
Accenture (NYSE:ACN) has opened an innovation center for situational
awareness in Singapore. The aim of the center is to help regional and global
organizations “develop solutions to anticipate and respond to threat and risk
to their citizens,” by leveraging technologies such as artificial intelligence
(AI), the internet of things, blockchain, augmented reality and virtual
reality. James Slessor, who leads Accenture’s Public Safety business globally,
commented:
"Improving
situational awareness is crucial for public safety agencies to better
anticipate threat, risk and harm, allowing them to respond to public
safety-related incidents faster and in a more informed way. By responsibly
using innovative technologies, these agencies can better anticipate public
safety incidents, improve the safety of first responders, and deliver services
to citizens and communities more effectively."
Cheetah Mobile Inc. (NYSE:CMCM) announced that its AI-powered translation
device, CheetahTALK (formerly known as CM Translator) “experienced an
unprecedented year of sales growth as the product received upgrades and became
available to the mass market for the first time.” Vincent Li, director of
global marketing at Cheetah Mobile, commented:
"2019
was an incredible year for Cheetah Mobile as we continue to create practical
technology products such as CheetahTALK for the global consumer. As we enter a
new year, we will continue to build on the foundation of Cheetah Mobile -
creating products based on consumers' needs using the best technology
available."
Global
Autonomous Shipping Market to See CAGR of 13.5% from 2019-2025
A report from Grand View Research finds that the global
Autonomous Ships market, which was valued at $6.03 billion in 2018, will see a
compound annual growth rate (CAGR) of 13.5 percent from 2019-2025. An excerpt
from the report summary reads:
Growing
seaborne trade across the globe coupled with increasing maritime tourism is
anticipated to drive the growth. Moreover, the lack of sailors is anticipated
to drive the adoption of automated systems. These systems are installed in
vessels to automate several processes, such as navigation and propulsion of the
vessel, through the use of components and systems such as automated navigation
systems, propulsion control systems, sensors, among others. Most of these
systems are already in use across various industries and applications such as
aerospace and automobile. Maritime industry players are making huge financial
investments to find the optimum way to combine these systems and technologies
for reliable and cost-effective functioning of unmanned vessels.
Sam Mowers, Investorideas.com
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