#AIEye
#Podcast 637: #Stocks discussed: (OTCPINK: $GTCH) (Nasdaq: $VERI) #artificialintelligence
GBT
to Implement Metaverse Tech into Apollo Motion Detection System, and Veritone
Partners with Snowflake for AI-Powered Data Cloud
Global
Warehouse #Robotics Market to Reach $9.1B by 2028
Point Roberts WA, Vancouver BC – December 15, 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/2021/121521-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/12151GTCH-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGM:VERI)
GBT Technologies Inc. (OTC PINK:GTCH) plans to implement Metaverse Technology within its
Apollo (Internal Project Code Name) motion detection system, for realistic
graphical representation. The company will employ its artificial intelligence
technology to power Apollo's Metaverse “to track and present motion on-the-fly
in a created digital virtual world, which is an accurate replica of the true
scanned environment.” An excerpt from a quotation in the press release reads:
“Apollo's
motion detection system creates a cinematic representation of a scanned
environment, detecting movements and positions, presenting them as metaphors of
the real world. Implementing Metaverse methods will enable Apollo with a robust
3D representation of the real, physical world, one with a high level of realism
and authenticity. This virtual world will be a duplication of the real scanned
world, including its objects and characters. For example, when operating within
a room, the system will scan the entire room's environment, creating a virtual
replica version that includes all objects and humans that are in the real room.
Humans will be represented via Avatars, and objects will be constructed
according to their shape. The virtual room graphical representation will be
accurate and vivid, providing a true augmented reality. The AR room will
interactively track and present every room's change; like characters movements,
change of positions and similar activities. The technology is practically a
wireless computer vision system that will be significantly enhanced by AR/VR
environments in real time. Apollo system is targeted to be used for medical,
security, and surveillance applications, and equipping it with Metaverse
imaging technology, will offer major advancements within its cinematic
capabilities."
Veritone, Inc. (NasdaqGM:VERI) has partnered with Data Cloud company Snowflake to
provide an AI-powered data cloud. According to the press release, this will see
Veritone “integrate its aiWARE enterprise
AI platform with Snowflake to transform unstructured data – including voice,
video, images, text, and sensor data – into valuable insights and actionable
intelligence.” Adrian Bolosan, Industry Principal, Media & Advertising at
Snowflake, said:
"Veritone’s
enterprise AI platform can offer our customers a solution for AI-powered
analytics to tap into hard-to-reach data sources such as video, images, and
audio. Our customers rely on the Snowflake Data Cloud to power their
businesses, and with Veritone aiWARE our customers can get access to additional
untapped analytical potential of their unstructured data to help drive better
business outcomes."
Global
Warehouse Robotics Market to Reach $9.1B by 2028
A report published by Verified Market Research finds that the global
Warehouse Robotics market – which includes AI-enabled robotics – will grow from
$3.97 billion in 2020 to $9.1 billion by 2028, registering a compound annual
growth rate (CAGR) of 14 percent in the forecast period 2021-2028. An excerpt
from the report’s description provides an outline of the market:
Warehouse
robots are no longer nice-to-have accessories for efficient warehouse
operations, thanks to their ability to increase productivity, accuracy, and
operational efficiency. All warehouse automation adds value to warehousing
operations by automating menial, repetitive tasks, allowing human workers to
focus on more complex tasks. Robots are increasingly becoming a fundamental
aspect of warehouses. Some types of robots used in warehouses include
Autonomous Mobile Robots (AMR), Aerial Drones, Automated Guided Vehicles, and
Automated Storage and Retrieval systems (AS and RS).
Sam Mowers, Investorideas.com
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