#AIEye #Podcast 527:
GBT (OTCPINK: $GTCH) Continuing Research on AI-Based Remote Controlled #Robots
for #Medical Field, and Lionbridge Closes Sale of #AI Division to TELUS
International (NYSE: $TU); #ArtificialIntelligence
Global #AI in #Retail
to Reach $15.05 Billion by 2028
Point Roberts WA, Vancouver BC – March 3, 2021 – 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 – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).
Listen to today’s
podcast:
https://www.investorideas.com/Audio/Podcasts/2021/030321-AI-Eye.mp3
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at https://www.investorideas.com/news/2021/artificial-intelligence/03031GTCH-TU-TIXT.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(OTCPINK:GTCH) (NYSE:TU) (NYSE:TIXT)
GBT
Technologies Inc. (OTC PINK:GTCH) is continuing its research on AI-based robotics
technology for the medical field. Specific focus of this research is on remote
controlled robots for use in medical procedures, which use “mechanical arms
aimed to assist surgeons providing significant advantages when it comes to
delicate surgeries and procedures.” The company’s CTO, Danny Rittman,
explained:
"As part of
our ongoing AI based robotic research program we are now investigating into
remote operated robotics for medical purposes. For the past decade we have
witnessed a significant development in the field of robotic systems for the
medical field in a wide variety of domains. Mechanical robotic arms along with
algorithmic control software are emerging for complicated surgeries and
procedures. Due to the advantage of high precision movements and accurate
organs identification, robotic systems are becoming a common operating room
equipment to assist surgeons and physicians with diagnostics and surgeries. An
example for preventative diagnostic procedure is a colonoscopy where a machine
vision can be of great assistance to view and analyze objects for suspicious
abnormalities. We believe this type of procedure can be done via a
remote-controlled robotic system, supervised by a surgeon. The robotic system
is aimed to be surgeon operated via a remote computer program or a console
performing minimally invasive procedures. We believe the combination of machine
vision as the system's eyes and a high accuracy mechanical control can create a
whole world of possibilities for research and development of efficient medical,
AI based, robotic applications. We are excited to conduct this research which
we consider as the forefront of medical robotic technologies, introducing
better health care possibilities for patients and surgeons."
Lionbridge,
a global leader in translation and localization solutions, has closed the sale of its artificial intelligence
division, Lionbridge AI, to TELUS Corporation (NYSE:TU)
subsidiary, TELUS International (NYSE:TIXT). Lionbridge CEO John Fennelly
commented:
"Combining
Lionbridge's AI business with TELUS International's advanced set of digital
platforms will create a newly formed company with a unique set of cutting-edge
solutions. In addition to enhancing TELUS International's go-to-market
strategy, we felt this merger was a very good cultural fit for our talented
global team given our companies' shared commitment to employee engagement and
well-being. I have no doubt that our AI team and their expanding community will
continue to thrive as part of TELUS International."
Global AI in Retail
to Reach $15.05 Billion by 2028
A
report published by Verified Market Research finds that the global
AI in Retail market will grow from $1.94 Billion in 2020 to $15.05 billion by
2028 with a compound annual growth rate (CAGR) of 29.18 percent in the forecast
period 2021-2028. An excerpt from the report’s description outlines drivers in
the market:
The global
Artificial Intelligence in retail market is principally driven by the growing
investments in AI technology to develop innovative applications for improving
retail customer experience. Machine learning and deep learning technologies are
anticipated to have the most notable market share during the forecast period.
The recent COVID-19 outbreak has imposed strict lockdown across various parts
of the globe. This lockdown also forced the temporary shutdown of many retail
stores across the globe.
Sam Mowers,
Investorideas.com
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About GBT
Technologies Inc.
GBT Technologies, Inc. (OTC
PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which
considers itself a native of Internet of Things (IoT), Artificial Intelligence
(AI) and Enabled Mobile Technology Platforms used to increase IC performance.
GBT has assembled a team with extensive technology expertise and is building an
intellectual property portfolio consisting of many patents. GBT’s mission, to
license the technology and IP to synergetic partners in the areas of hardware
and software. Once commercialized, it is GBT’s goal to have a suite of products
including smart microchips, AI, encryption, Blockchain, IC design, mobile
security applications, database management protocols, with tracking and
supporting cloud software (without the need for GPS). GBT envisions this system
as a creation of a global mesh network using advanced nodes and super
performing new generation IC technology. The core of the system will be its
advanced microchip technology; technology that can be installed in any mobile
or fixed device worldwide. GBT’s vision is to produce this system as a low
cost, secure, private-mesh-network between any and all enabled devices. Thus, providing
shared processing, advanced mobile database management and sharing while using
these enhanced mobile features as an alternative to traditional carrier
services.
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