#AIEye
#Podcast 686: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBP)
GBT
Files Patent Application for Media and Advertisement AI, and Installed Building
Products Invests in Energi.ai
Global
#AI in #Cybersecurity Market to Reach $35.43B by 2028
Vancouver, Kelowna, Delta, BC – April 22, 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/2022/042222-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/04221GTCH-IBP.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:IBP)
GBT Technologies Inc. (OTC PINK:GTCH) has announced the filing of a non-provisional patent with the
U.S. Patent and Trademark Office to protect media and advertisement systems and
methods based on AI technological concepts. This application, according to the
press release, “seeks to protect GBT's AI controlled technique to implement
advertisements and informercial symbols within text and images.” Danny Rittman,
GBT’s CTO, explained:
“We
believe our patent improves to a great extent the disadvantages and problems
associated with available schemes for delivering advertisements in popular
media like newspapers, magazines, publications, movies, and the Internet by implementing
machine learning techniques to replace any desired symbol, text character, or
graphic with an advertisement symbol. By this mechanism, we believe our
technology will allow any corporation or other type of advertiser to advertise
products and/or desired subjects with greater exposure, reaching larger
audiences. We find this topic an intriguing opportunity for our artificial
intelligence technology to be implemented, and intend to further explore its
horizons in the near future.”
Installed Building Products, Inc. (NYSE:IBP) has invested in Energi.ai, described in the press
release as “a unified data driven, artificial intelligence (AI), and machine
learning platform for climate action.” Jeff Edwards, President, CEO and
Chairman of Installed Building Products, said:
"We
are excited to become an early investor in Energi.ai and a part of the
innovative AI driven platform they are developing. Their platform provides
actionable insight into a company’s energy usage and carbon emissions. We liked
the platform so much we decided to work with Energi.ai to implement their solution
at IBP as we work to address and reduce our greenhouse gas emissions. We look
forward to a long and successful partnership with Energi.ai.”
Global
AI in Cybersecurity Market to Reach $35.43B by 2028
A report published by Vantage Market Research finds that the global
AI in Cybersecurity market is projected to grow from $10.18 billion USD in 2021
to $35.43 billion by 2028, registering a compound annual growth rate (CAGR) of
23.1 percent in the forecast period 2022-28. An excerpt from the report’s
description outlines some factors influencing the growth of the market:
AI-based
solutions are being increasingly adopted across various industries due to its
ability to perform complex tasks with high accuracy and speed. This has
resulted in increased adoption of Artificial Intelligence In Cybersecurity
applications, especially in threat detection and prevention. In addition, the
increasing demand for cyber security services and rising number of data
breaches have led to the need for advanced technologies that can detect threats
and prevent them before they cause damage. Moreover, the use of Artificial Intelligence
In Cybersecurity helps organizations to reduce their operational costs, improve
productivity, and enhance customer experience. The increasing adoption of cloud
computing and IoT devices has further enhanced the penetration of Artificial
Intelligence In Cybersecurity.
Sam Mowers, Investorideas.com
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