#AIEye
#Podcast 658: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $CCCS) #artificialintelligence
GBT
Shares Update on Software Defined Radio Tech, and CCC Intelligent Solutions
Holdings Acquires AI-Powered Insurtech Firm Safekeep
Global
#AI in #Telecom Market to Grow by $8.63B from 2022-26
Vancouver, Kelowna, Delta, BC – February 9, 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/2022/020922-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2022/artificial-intelligence/02091GTCH-CCCS.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:CCCS)
GBT Technologies Inc. (OTC PINK:GTCH) has shared an update regarding the continuation of
its efforts to evaluate Software Defined Radio (SDR) technology for its GEN II
long-range radio system. According to the press release, the company aims “to
use its AI technology to overcome long range radio systems challenges.” Danny
Rittman, GBT's CTO, explained:
"Our
ultimate goal is to achieve an intelligent, long range radio system to
facilitate global communication around the globe. The Infinia system is a long
range, HF based, radio system that we believe will sustain in harsh weather,
rough terrain, and can be a great asset for civil and military organizations.
For example, remote locations rescue radio or worldwide telemedicine services.
We are continuing to further our GEN II development to achieve an intelligent, skip
zone free, global wireless solution. SDR technology is a programmatically
controlled RF technology and we believe it captures a whole world of
possibilities when it comes to AI controlled radio. The Infinia is targeted to
be a cognitive radio system with the goal of learning from its experience
utilizing the system's RF signals patterns/behavior, ionospheric conditions,
locations, weather/terrain and provide an on-the-fly control to maintain viable
reception at all times. A reliable, global communication is a crucial feature
for emergency and rescue radio systems. We believe SDR technology evaluation is
a key phase in the goal of creating a smart, reliable and efficient radio
system to reach anywhere around the world. We consider the Infinia project one
of our major IPs and we are now working to file for a comprehensive,
non-provisional patent application to protect its approach, techniques and
methodologies."
SaaS platform for the P&C insurance economy CCC
Intelligent Solutions Holdings Inc. (NYSE:CCCS) has acquired Safekeep, described in the press
release as “an enterprise platform that leverages AI to speed and improve
subrogation management across auto, property, workers' comp, and other
insurance lines of business.” CCC’s Chief Strategy Officer, Marc Fredman, said:
"Subrogation
is a largely manual, time-intensive process impacting every insurer across
every line of business. Our insurance customers have been asking for an
intelligent way to automate the subrogation process, which accounts for
billions of dollars in administrative costs annually. Jeff and the Safekeep
team have built a comprehensive platform, making it a highly celebrated
insurtech. The team and technology are a wonderful complement to the work we’re
doing at CCC to bring straight-through processing across every facet of the
claims experience."
Global
AI in Telecom Market to Grow by $8.63B from 2022-26
Research published by ReportLinker finds that the global AI in
Telecommunications market will grow by $8.63 billion from 2022-2026,
registering a compound annual growth rate (CAGR) of 47.33 percent in the
forecast period. The following excerpt from the report’s summary outlines some
key factors influencing the growth of the market:
The
market is driven by the growing use of AI for efficient predictive maintenance
and the rising use of AI for enhancing customer experience. In addition, the
growing use of AI for efficient predictive maintenance is anticipated to boost
the growth of the market.
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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