#AIEye
#Podcast 632: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $LH); #artificialintelligence
GBT
Enhancing qTerm’s Cybersecurity, and Labcorp is Collaborating with ConcertAI
Global
Chatbot Market – Driven by #AI – to Reach $1.95B in 2027
Point Roberts WA, Vancouver BC – December 2, 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/2021/120221-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/12021GTCH-LH.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:LH)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is enhancing its qTerm human
vitals device’s cybersecurity technology in order to ensure robust privacy and
sensitive data protection for its potential users. This will be done through
the implementation of “Homomorphic Encryption (HE) techniques within its AI environment to enable encrypted data
processing without decrypting it first.” The company’s CTO, Danny Rittman,
explained:
"One
of qTerm's main purposes is to perform as a telemedicine device which
communicates with its AI data center. User's vital information will be sent via
a web widget and HE based technology will ensure a high level of data security.
AI systems require robust security mechanisms by their nature and by using HE
we are preserving data privacy starting at the source. Particularly, with a
telemedicine type device, like qTerm, the data will be encrypted and outsourced
to its data center environment for processing, all while encrypted. In the past
few years there is a constant growing concern about data privacy and security,
and implementing new techniques and methods in this domain will ensure highly
secured AI operation and computation. We believe that this is especially
important for the qTerm's device as it collects, processes and records
sensitive personal and medical information.
Global life sciences company Labcorp (NYSE:LH) has announced a collaboration with ConcertAI, “a
leader in enterprise artificial intelligence (AI) and real-world data (RWD) solutions
for life science companies and health care providers,” to optimize precision
oncology research. Prasanth Reddy, senior vice president and head of oncology
at Labcorp, said:
"Oncology
is highly complex, with hundreds of molecular targets and factors across solid
tumors and hematological malignancies, so the need is great for diversity in
cancer trials. Labcorp Drug Development, which supports more than 50% of all
oncology clinical trials globally, combined with ConcertAI’s high-depth data
and AI technologies, is a powerful combination to optimize trial design,
improve patient access, and increase efficiency of oncology trials to bring new
therapeutic options to patients who need them most."
Global
Chatbot Market – Driven by AI – to Reach $1.95B in 2027
A report published by Fortune Business Insights finds that the
global Chatbot market will grow from $396.2 million USD in 2019 to $1.95
billion in 2027, registering a compound annual growth rate (CAGR) of 22.5
percent in the forecast period 2020-2027. An excerpt from the report’s summary
outlines the influence of AI on the market:
The
adoption of chatbots is mainly driven by the advancement of artificial
intelligence (AI) technology and the increasing number of retail and e-commerce
worldwide. The rising market demand for a chatbox platform based on a natural
language processing (NLP) engine across social media is further considered as
one of the key factors driving the market.
Sam Mowers, Investorideas.com
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