#AIEye
#Podcast 655: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $STEM) #artificialintelligence
GBT
Files Patent Application for AI-Controlled Credit Card Management System, and
Stem Acquires Also Energy Holdings
Global
#AI in #Construction Market to Reach $2.51B by 2030
Vancouver, Kelowna, Delta, BC – February 2, 2022 – 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/2022/020222-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/02021GTCH-STEM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:STEM)
GBT Technologies Inc. (OTC PINK:GTCH) has filed a patent application with the U.S.
Patent and Trademark Office for systems and methods of a financial software
application for a secured, AI controlled credit card management system. The
company’s CTO Danny Rittman explained:
"The
credit card market world is wild today. There are numerous credit card choices,
each offers different interest rates, benefits and a wide variety of rewarding
programs. It is a tricky task to decide which credit card to use and for which
type of charges. We are in process of developing an AI controlled, credit card
management system to automatically assist users with their credit cards
transactions. The invention aims to automatically prioritize and characterize
user's credit cards according to their characteristics. The goal of the
technology is to rank a user's credit card profile according to their
attributes, among them are interest rate, reward programs and similar. In turn,
it is designed to use the one with the highest rank to execute the desired
charge(s), constantly ensuring the user's best financial interest. We filed a
non-provisional patent to protect the concept of a smart "Financial
Manager" that helps users with credit lines monetary decisions, always
ensuring their best interest. We find this topic an intriguing opportunity for
our technology to be implemented within the financial domain and intend to
further explore its horizons in the near future."
AI-driven energy storage software and services firm
Stem, Inc. (NYSE:STEM) has completed its acquisition of Also Energy
Holdings, Inc., adding “32.85 gigawatts (GW) of solar assets under management
in more than 50 countries.” According to the press release, this acquisition
will combine “AlsoEnergy’s market-leading solar asset performance monitoring
and control platform, PowerTrack, with Stem’s best-in-class AI-driven analytics
platform, Athena.” Stem’s CEO, John Carrington, said:
“The
acquisition of AlsoEnergy is a significant milestone for Stem and represents
accretive high margin software products, marquee customers, and a substantial
increase of assets under management. Together, our employees will help
accelerate the tremendous growth of renewable energy onto the power grid. Our
market-leading software solutions will unlock significant value for our
customers as they increasingly seek to manage and optimize integrated solar and
energy storage assets. We expect the combination to be immediately accretive
and will boost our growth, enhance our margins, and accelerate our expansion as
a global provider of clean energy intelligent software solutions."
Global
AI in Construction Market to Reach $2.51B by 2030
A report published by Market Research Future finds that the global AI in Construction market is projected to
reach $2.51 billion USD by 2030, registering a compound annual growth rate
(CAGR) of 33.2 percent in the forecast period 2021-30. The following excerpt
from the report’s description outlines factors driving the market:
The increasing demand for AI solutions in
safety measures, construction sites, and AI capability in construction sites to
reduce production costs is the reason behind driving the AI in Construction
Market growth.
However another excerpt looks at the negative impact of
the COVID-19 pandemic on the market:
A significant amount of drop has been
seen in the growth of AI in Construction Industry due to the covid-19 pandemic
in 2020. The increasing need in construction sites for advanced and safety
measures is the original attribute behind this growth. Moreover, the market is
also experiencing a shift in product availability as the manufacturing of the
Chinese companies has been completely shut down. Also, the restriction in the
cash circulation is forcing the construction sites to face an issue with capital
liquidity.
Sam Mowers, Investorideas.com
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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.
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