#AIEye
#Podcast 553: #Stocks discussed: (OTCPINK:
$GTCH) (NasdaqGS: $NICE) #artificialintelligence
GBT
Begins Researching #AI-Powered External Device for Arterial Clogs and Tissue
Imaging, and NICE Announces AI-Powered InterACT Solution for Contact Center
Recording
Global
#AI Market to Reach $309.6B by 2026
Point Roberts WA, Vancouver BC – May 7, 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/2021/050721-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05071GTCH-NICE.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGS:NICE)
GBT Technologies Inc. (OTC PINK:GTCH) has started researching an external device for arterial and
tissue imaging based on its proprietary radio technology, combined with the
company's robotic research. The research is part of the Hermes capsule research
project, which “targets an intravenous mini-probe unit that travels within the
artery, searching to find arterial clogs,” and is “based on radio waves-based
imaging to produce a computerized 3D imaging for the operating physician,”
according to the press release. Danny Rittman, GBT's CTO, explained:
“The
system is intended to be able to differ between tissues, organs and clogging
materials as well as identifying tumors, Cysts and other foreign objects. In
addition, using the radio technology the system will be able to construct a 3D
video imaging of the scanned areas. The probe will be able to be mounted on a
robotic arm to hover above designated bodily areas or manually held for more
specific area scans. The system will be using GBT's AI technology and we
strongly believe that it has the potential to become a key apparatus within
surgery rooms and clinics as a physician's "eyes" helping to save
lives."
NICE Ltd. (NasdaqGS:NICE) has announced the launch of InterACT, described in
the press release as a “new AI-powered recording solution,” that “automates
end-to-end recording decisioning processes, dramatically reducing manual configurations,
saving time and reducing human error.” Barry Cooper, President, NICE Workforce
& Customer Experience Group, explained:
"InterACT
redefines how organizations record contact center interactions. By using a
cloud architecture, either in the cloud or on-premise, InterACT scales orders
of magnitudes higher than anything previously in the market. By using AI,
InterACT simplifies set up, allowing users to define what they want to record
and automating how to do it. In short, InterACT powers agile, comprehensive
recording for compliance and quality while paving the way to the cloud and
CXone."
Global
AI Market to Reach $309.6B by 2026
A report published by Markets and Markets finds that the global AI
market will grow from $58.3 billion in 2021 to $309.6 billion by 2026 with a
compound annual growth rate (CAGR) of 39.7 percent in that same forecast
period. An excerpt from the report’s description outlines drivers in the
market:
Today,
AI, including computer vision and ML, is changing the landscape of the robotics
industry. To stay ahead in a global market, businesses have started considering
fully autonomous robots that can perceive, interact, and conceptualize the
world around them. As industries begin to navigate this modern technological
revolution, they have started looking for trusted and experienced technology
partners. Deep learning models use artificial neural nets for processing large
quantities of data, including images, texts, and sounds, for producing accurate
results. AI-driven automation has proven useful in various applications across
numerous industries, including the aviation, medical, agriculture, energy, and
material handling markets. AI is being used not only to automate tasks but also
to diagnose equipment malfunctions or detect product anomalies. For instance,
within the aviation industry, AI and ML can be used to predict peak travel
times, assist with passenger check-in, and automate routine maintenance tasks.
AI is being used across the board to automate dangerous tasks, augment or
replace skilled labor, and streamline operations. And yet, despite these
advances, AI still cannot think abstractly or creatively. This means that there
is a need for an ever-evolving workforce that is trained in robotics and
advanced manufacturing.
Sam Mowers, Investorideas.com
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