Investorideas.com breaking new for AI, drones, GPS and technology

Wednesday, June 16, 2021

#AIEye #Podcast 569: #Stocks discussed: (OTCPINK: $GTCH) (OTC: $GTXO) (NYSE: $LU)



 

#AIEye #Podcast 569: #Stocks discussed: (OTCPINK: $GTCH) (OTC: $GTXO) (NYSE: $LU)

 

GBT Enters LOI with GTX Corp, and Lufax Subsidiary Ping An Puhui Launches AI-Powered Smart Loan Solution

 

Global #Aerospace #AI Market to Reach $5.8B in 2028

 

Point Roberts WA, Vancouver BC – June 16, 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/2021/061621-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/News/2021/artificial-intelligence/06161GTCH-GTXO-LU.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (OTC:GTXO) (NYSE:LU)

 

GBT Technologies Inc. (OTC PINK:GTCH) announced that on June 10, 2021 it entered into a Letter of Intent (LOI) with GTX Corp (OTC:GTXO) to “develop a framework of cooperation between the companies to evaluate the viability and market size of the Company's Intellectual Property and product line for worldwide exclusive licensing rights to manufacture, sell and distribute their products.” GTX is described as “a pioneer in smart, mobile and wearable GPS tracking and recovery location-based solutions.” GBT’s CTO Danny Rittman said:

 

"We believe this proposed relationship with GTX can improve our go to market efforts for our IP and products. GTX's proven extensive Global reach, experience in getting innovative products to market and understanding of our technology were critical factors in our decision to enter into this agreement.”

 

Patrick Bertagna, GTX CEO commented:

 

“My team and I are excited to have the opportunity to expand our product line and capabilities with GBT's existing portfolio of products. I believe their products have the ability to enhance our existing offerings to our worldwide customers and distribution partners."

 

Lufax Holding Ltd. (NYSE:LU) has announced that its retail credit facilitation platform subsidiary, Ping An Puhui, has launched an AI-powered smart loan solution called Xingyun. The use of AI simplifies the loan application process, which according to the press release, reduces “the average time spent in a loan application process for small and micro customers by 44%, to improve their access to financing.” More specifically, this involves the utilization of AI imaging technology to “create a remote face-to-face experience throughout the lending application and service process.”

 

Global Aerospace AI Market to Reach $5.8B in 2028

 

A report published by Allied Market Research finds that the global Aerospace AI market will grow from $373.6 million in 2020 to $5.8 billion in 2028 with a compound annual growth rate (CAGR) of 43.4 percent in the forecast period. An excerpt from the report overview reads:

 

Implementation of AI in the aerospace sector can allow aircraft manufacturers to reorganize production of various components and lessen various safety issues at airports. AI technologies such as machine learning, computer vision, and natural language processing are capable of bringing dramatic changes across different areas such as customer service, smart maintenance, product design, pilot training, and threat identification.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

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.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

 

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com  Global investors must adhere to regulations of each country. Disclosure: GTCH is a paid featured monthly Ai stock on investorideas Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800 665 0411

 




Get more Technology stock investor ideas - news, articles, podcasts and stock directories

 

No comments:

Post a Comment