#AIEye
#Podcast 668: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $AI) (NYSE: $LYB) #artificialintelligence
GBT
Receives Notice of Allowance for “Apollo” Motion Detection Patent, and C3 AI Announces
Expansion of strategic agreement with LyondellBasell
Global
#AI in #SocialMedia Market to Reach $6.12B by 2028
Vancouver, Kelowna, Delta, BC – March 7, 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/2022/030722-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/03071GTCH-AI-LYB.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:AI) (NYSE:LYB)
GBT Technologies Inc. (OTC PINK:GTCH) has received notice of allowance for its wireless
motion detection IP patent, codenamed "Apollo". Apollo is an
AI-powered radio based, real time motion detection method and system. The
company’s CTO, Danny Rittman, said:
"We
were pleased to receive a notice of allowance for our Apollo, non-provisional
patent application, as we truly believe that this type of technology can offer
a breakthrough wireless solution in a wide variety of domains. The patent seeks
to protect the concept of using AI controlled radio waves technology to achieve
"seeing" capabilities through objects such as walls. We believe the
IP will have applications in a wide diversity of domains among them are health
as wearable-less monitoring, autonomous vehicles as computer vision, security
applications for intruder alert and more. The technology includes deep learning
capabilities that enable rapid analysis of RF data, identifying
living/stationary entities and constructing computerized imaging. The goal of
the IP is to identify tiny rhythms and movements, which we believe will make it
a perfect fit to detect and measure heart beat rate, breathing rhythm, alerting
in emergency situations, like a person's fall or irregular heartbeat. We
consider this patent one of our major IPs and intend to further research into
the development of intelligent systems based on its concepts.”
C3.ai, Inc. (NYSE:AI) has announced a five-year expansion of its
strategic agreement with chemical industry leader LyondellBasell (NYSE:LYB) to “accelerate the deployment of
enterprise, data-driven AI and machine-learning applications on the C3 AI Suite
across LyondellBasell.” Anup Sharma, SVP Global Business Services,
LyondellBasell, said:
"C3
AI is at the core of LyondellBasell’s digital transformation. Through an
industry leading approach, we will leverage strategic relationships to
accelerate our journey and continue to unlock trapped value, improve the safety
and reliability of our assets, and increase efficiency across the entire value
chain."
Global
AI in Social Media Market to Reach $6.12B by 2028
A report from Verified Market Research finds that the global
AI in Social Media market is projected to grow from $740 million USD in 2020 to
$6.12 billion by 2028, registering a compound annual growth rate (CAGR) of
28.82 percent in the forecast period 2021-28. An excerpt from the report’s
description outlines factors influencing the market’s growth:
The
increasing demand for smart homes and smart cities in developing countries and
artificial intelligence technology in smartphones with the increase in the
adoption of AI technology for various applications in the social media sector
are the major factors driving the market growth. An increase in investment by
e-commerce companies helps in product recommendations by social media users.
Moreover,
Increasing consumer awareness, the standard of living, with the rise in
digitalization in developing countries. With the help of AI technologies,
people are aware of the trends in the market by getting a large amount of data
on the social media platform to understand the trends and brands in the market
are some of the essential drivers for the growth of the Market globally.
Sam Mowers, Investorideas.com
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