#AIEye #Podcast 539: #Stocks discussed: (OTC: $GTCH) (NYSE: $ACN) (OTC: $SOMMY)
GBT
Files Nonprovisional Patent for Systems and Methods of Facial/Body Recognition,
and Accenture Establishes a JV with Sumitomo Chemical Company
Global
#Chatbot Market to Reach $10.5B by 2026
Point Roberts WA, Vancouver BC – April 1, 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).
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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) (OTC:SOMMY)
GBT Technologies Inc. (OTC PINK:GTCH), along with GBT Tokenize
Corp., has filed a nonprovisional patent with the U.S.
Patent and Trademark Office (USPTO) for systems and methods of facial and body
recognition identification and analysis. According to the press release, the
“invention relates to systems and methods for learning and recognizing features
of an image such as a human face and unlocking functions for any computer or
smartphone screen based on facial and body recognition, including covered face
or body.” An excerpt reads:
The
invention, in its many embodiments, alleviates to a great extent the
disadvantages of known devices, systems, and methods by providing an AI-based
computer vision systems and methods to lock and unlock a mobile device such as
a smartphone with or without face (mask) coverage. The user trains the system
once without a face cover (mask). After the initial training, the system is
capable of identifying the user's facial features with or without a face cover
or facemask, and is capable of locking or unlocking a smartphone/electronic
device. After learning the user's body's features, the system can monitor
bodily changes like weight gain and other changes, alerting the user in real
time.
Accenture (NYSE:ACN) and Sumitomo Chemical Company,
Limited (OTC:SOMMY) have established a joint venture called SUMIKA DX
ACCENT, which leverages AI, data analytics and other technologies to transform
operations and create new businesses at Sumitomo Chemical Group. Masafumi
Takei, managing director of Resources at Accenture in Japan, explained:
"In
order to lead the digital transformation successfully, it is essential to
reimagine businesses and operations and strengthen the talent using technology
such as data analytics and AI; it’s not about just adopting new technology for
technology’s sake but rather about choosing the right solutions and making sure
people are comfortable using them. Accenture will leverage our deep industry
expertise and ingenuity to ensure that the joint venture serves as a digital
innovation engine for Sumitomo Chemical Group."
Global
Chatbot Market to Reach $10.5B by 2026
A report published by Research and Markets finds that the global
Chatbot market is expected to grow from $2.9 billion in 2020 to $10.5 billion
by 2026 with a compound annual growth rate (CAGR) of 23.5 percent in that
forecast period. An excerpt from the report’s description reads:
The
adoption of chatbot solutions is considerable and is projected to grow at a
good pace in the coming years. One of the factors contributing to the growth of
the chatbot market is the advent of technologies, such as analytics, AI, and
cloud, which enable various industries to organize their operations.
Furthermore, the increasing customer demand for self-services is accelerating
the adoption of chatbots, thus offering a competitive advantage to businesses.
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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