#AIEye
#Podcast 680: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $BA) (NasdaqGS: $MSFT)
#artificialintelligence
GBT
Receives Issue Notification for Motion Detection Patent, and Boeing Deepens
Partnership with Microsoft for Digital Transformation
Global
#AI Market to Reach $1.39T by 2029
Vancouver, Kelowna, Delta, BC – April 6, 2022 – 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/2022/040622-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/04061GTCH-BA-MSFT.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:BA) (NasdaqGS:MSFT)
GBT Technologies Inc. (OTC PINK:GTCH) has received an issue notification for its
intelligent motion detection patent, codenamed Apollo, indicating that the
non-provisional patent application will be granted on April 12, 2022. Danny
Rittman, the company's CT), said:
"We
receive an issue notice for our intelligent, wireless motion detection patent
and plan to start R&D efforts to commercialize the technology, in a wide
variety of domains. We believe this technology can be used in a wide diversity
of fields which would include wearable-less health monitoring to measure
human's vitals and detect falls. We also believe another type of application is
to provide "eyes" for autonomous vehicles or a background system to
detect concealed objects in airports. We are very pleased to have this patent
innovative technology granted and plan to conduct further research and
development of intelligent systems based on its concepts.”
The Boeing Company (NYSE:BA) has announced that it is deepening its strategic
partnership with Microsoft (NasdaqGS:MSFT) to accelerate its digital transformation.
This will be done by leveraging the Microsoft Cloud and its AI capabilities “to
update its technology infrastructure and mission-critical applications with
intelligent new solutions that are data driven, further opening new ways of
working, operating and doing business.” Judson Althoff, EVP and chief
commercial officer at Microsoft, said:
"Boeing
and Microsoft have been working together for more than two decades, and this
partnership builds on that history to support Boeing's digital future by
helping it optimize operations and develop digital solutions that will benefit
the global aviation industry. The power of the Microsoft Cloud and its AI
capabilities will serve as the core component to Boeing's digital aviation
strategy by providing flexible, agile and scalable solutions that are
intelligent and data driven on a secure and compliant platform."
Global
AI Market to Reach $1.39T by 2029
A report published by Fortune Business Insights finds that the
global AI market is projected to grow from $387.45 billion USD in 2022 to $1.39
trillion by 2029, registering a compound annual growth rate (CAGR) of 20.1
percent in that forecast period. The following excerpt from the report’s
summary outlines some factors influencing the market’s growth:
Increasing
customer engagement is a critical influencing factor for a successful business
in today’s competitive and dynamic business environment. As a result,
organizations are rapidly adopting this technology to give tailored and devoted
services in real-time. Enterprises can use the technology to build
hyper-personalized marketing strategies based on industry-specific client
insights. This hyper personalization increases profitability, provides
real-time data-driven decisions, lowers expenses, and improves customer
pleasure.
Sam Mowers, Investorideas.com
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hear other editions of the AI Eye
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artificial intelligence stocks on Investorideas.com visit
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