The
#AIEye Episode 389: GBT Tokenize Corp. (OTC PINK: $GTCH) Begins
Design and Development of qTerm Human Vitals Device, Microsoft (NasdaqGS: $MSFT)
Announces Strategic Alliance with Land O’Lakes
Global
Conversational #AI Market to Reach $15.82 Billion by 2024
Point Roberts WA, Vancouver BC – July 15, 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.
Listen
to today’s podcast:
Read
this in full at http://www.investorideas.com/news/2020/artificial-intelligence/07151AIEye-GBT-MSFT.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTC PINK:GTCH) (NasdaqGS:MSFT)
GBT Technologies Inc. (OTC PINK:GTCH) has, through its Joint Venture,
GBT Tokenize Corp, begun design and development of its AI-powered
human vitals device, qTerm. According to the press release, qTerm “is designed
to easily and accurately measure body temperature, blood pressure and heart
rate,” and is expected to “be easily attached to a smartphone.” An excerpt from
the press release reads:
The
qTerm's mobile app will be powered by AI, anonymously collecting the user data
in a central, secure database, building a real-time worldwide 'thermal map'. In
case the user approaches or is being approached by a 'hot person' just down the
street, he/she will get real-time alerts to avoid the risk of exposure. This
feature is called Proximity Alert and targeted to alert users about exposure
risks.
Microsoft (NasdaqGS:MSFT) has announced a multiyear strategic alliance with
agriculture giant Land O’Lakes Inc. to “pioneer new innovations in agriculture
and enhance the supply chain, expand sustainability practices for farmers and
the food system, and close the rural broadband gap.” Microsoft CEO Satya
Nadella said:
"Land
O'Lakes is one of the most important
food suppliers in the U.S., and our nation's farmers and consumers rely on its
ability to rapidly adapt to changing market forces through innovation. Through
our partnership, we will apply the power of Azure and its AI capabilities to
help Land O'Lakes solve some of the most pressing challenges facing the
industry and bridge the divide between rural and urban communities."
Global
Conversational AI Market to Reach $15.82 Billion by 2024
A report from Market Research Future finds that the global
Conversational AI market will reach $15.82 billion by 2024 with a compound
annual growth rate (CAGR) of 30.32 percent in the forecast period 2019-2024. An
excerpt from the report description outlines the scope of the market and
factors contributing to its growth.
The
development of artificial intelligence in recent years including machine
learning, natural language processing, image recognition, and speech
recognition have promoted conversational AI applications allowing users to
interact with businesses through desktops, laptops, and smartphones.
Conversational AI is capable of accomplishing various tasks such as providing shopping
assistance, product recommendations, answering customer queries; booking plane,
train, bus, and movie tickets; setting up business meetings; checking booking
status; providing information related to weather, local events and news and
entertainment. Enterprises are increasingly adopting conversational AI
solutions to offer immediate online assistance to improve online sales
conversion rates. Various benefits of conversational AI in business-to-business
applications, widespread adoption of messaging apps, enterprises focusing on
enhanced customer experience, and rising adoption of virtual assistants are
other factors promoting the market growth.
Sam Mowers, Investorideas.com
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