#AIEye
#Podcast 561: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $ED) (NYSE: $AI); #Artificialintelligence
GBT
Completes GEN II of qTerm Device, and Con Edison Deploys Enterprise AI-Powered
Applications on C3 AI Suite
Global
#AI in Retail Market to Reach $19.9B by 2027
Point Roberts WA, Vancouver BC – May 26, 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/2021/052621-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05261GTCH-ED-AI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
GBT Technologies Inc. (OTC PINK:GTCH), through GBT Tokenize
Corp, has completed generation II of its qTerm human
vital signs device. This latest version includes a series of enhancements
targeting higher measurement accuracy, reliability, and compatibility with a
broader spectrum of users usage behavior. According to the press release, the
GEN II release measures “body temperature, blood oxygen, and heart rate vitals
with higher stability, and consistency to cover a wider spectrum of users
measurement habits.” GBT’s CTO Danny Rittman commented:
“We
put extra emphasis on the device's ease of use, and user friendliness aspects.
The device is currently under technical performance testing and commercial
features look-and-feel evaluations. We strongly believe that qTerm can be an
efficient, affordable health device in every household to assist with general
health monitoring and early detection of symptoms and concerns. We are ever
thriving to improve the device's performance and capabilities, bringing it to
the highest standards and regulations to enable people to maintain a healthy
lifestyle."
Con Edison, a subsidiary of energy firm Consolidated
Edison, Inc. (NYSE:ED), has deployed several new enterprise AI-powered
applications built on the C3 AI Suite from C3.ai, Inc. (NYSE:AI). C3 AI’s President and CTO, Ed Abbo,
commented:
"We’re
excited to continue our rapid innovation and deliver next-generation enterprise
AI applications with Con Edison, a market leader and one of the largest
integrated utilities in the U.S. Our work with Con Edison exemplifies how large
companies can reduce the time it takes to deploy new AI applications on the C3
AI Suite’s open, model-driven AI architecture, and significantly increase the
value they realize from investments in enterprise analytics."
Global
AI in Retail Market to Reach $19.9B by 2027
A report published by Meticulous Research finds that the global AI
in Retail market will grow to $19.9 billion by 2027 with a compound annual
growth rate (CAGR) of 34.4 percent in the forecast period 2020-2027. An excerpt
from the report’s description identifies some factors influencing the market’s
growth:
The
growth in the global artificial intelligence in retail market is driven by
factors such as perpetually growing internet users and smart devices,
increasing awareness about AI and big data & analytics, and government initiatives
towards digitization. Furthermore, the adoption of multichannel or omnichannel
retailing strategy, untapped opportunities to increase sales efficiency,
enterprises' demands for streamlining business processes, and growing need to
enhance end-user experience and to take advantage of market dynamics are also
contributing to the growth of the global artificial intelligence in retail
market.
Sam Mowers, Investorideas.com
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