#AIEye
#Podcast 691: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqCM: $NXTP) #artificialintelligence
GBT’s “Apollo” Motion Detection Tech Patent Granted,
and NextPlay Technologies Completes Acquisition of AI-Powered Game Development
and Crypto Asset Techs
Global
#Automotive #AI Market to Reach $53.11B by 2030
Vancouver, Kelowna, Delta, BC – May 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/2022/050622-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/05061GTCH-NXTP.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and
advancements in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqCM:NXTP)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that the patent for its intelligent
wireless motion detection technology, codenamed Apollo, was granted on April
12, 2022. According to the press release, the Apollo’s AI “is designed to
control and analyze radio wave transmissions and their reflections to construct
3D images and motion video of an object or living entity.” Danny Rittman, the
company’s CTO, explained:
"Our
Apollo wireless motion detection patent was granted on April 12 and we are
pleased to start R&D activities to evaluate its commercialization
possibilities. The Apollo patent protects an advanced IP that we believe can be
used as an efficient computer vision and in a wide variety of fields. We
believe the Apollo radio vision system can be used as a wearable-less health,
"eyes" for smart vehicles or within a security system to detect
concealed objects in airports. The patent's intelligent computer vision can
"see" through walls using machine learning algorithms. Based on RF
data analysis, it constructs images and motion video of a scanned area. It is
designed to detect and measure a heartbeat, breathing rhythm, a person's fall,
or emotional distress.”
Tech solutions firm NextPlay Technologies,
Inc. (NasdaqCM:NXTP) has completed the acquisition of artificial
intelligence (AI) game development and crypto asset management technologies of
Fighter Base Publishing, Inc. (FBP) – including its Make It Games (MIG) brand –
that will “further enhance its digital business ecosystem for digital
advertisers, consumers, and video gamers.” NextPlay’s co-CEO Nithinan
Boonyawattanapisut, said:
“We
see MIG’s AI technology enabling not only rapid game development, but also
faster ad creation, advertising optimization, and richer metaverse experiences
across our NextPlay ecosystem. We believe that it will support faster product
time-to-market and higher-margin digital asset monetization, as well as
potentially generate licensing revenue from game and film studios, ad agencies
and content creators.”
Global
Automotive AI Market to Reach $53.11B by 2030
A report published by Acumen Research and Consulting finds that the
global Automotive AI market is projected to grow from $2.71 billion USD in 2021
to $53.11 billion by 2030, registering a compound annual growth rate (CAGR) of
39.6 percent in the forecast period 2022-30. The following excerpt from the
report’s description outlines some key trends influencing the market’s growth:
AI
is currently being used in the automotive industry, in areas such as design,
supply chain, production, and post-production. Furthermore, AI is being used in
'driving assistance' and 'driver risk assessment' systems, which is
revolutionizing the transportation industry. Artificial intelligence is also
revolutionizing aftermarket services such as predictive maintenance and
insurance. Experts in the automobile industry have been debating four
significant disruptive trends for the past few years: autonomous driving, car
networking with data sensors, electrification, and shared mobility, which is
referred to as ACES. The automotive market is predicted to develop as a result
of these trends, and AI is a major technology in this.
Sam Mowers, Investorideas.com
Read and
hear other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit
here
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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