#AIEye
#Podcast 708: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGM: $SOUN) #artificialintelligence
GBT
Tokenize Corp. Completes Phase One of smartGOAL Intelligent Soccer Platform,
and SoundHound AI Partners with DMI for Intelligent Vehicle Solutions
Global
#AI in #Fintech Market to Reach $113.9B by 2031
Vancouver, Kelowna, Delta, BC – June 28, 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/2022/062822-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/06281GTCH-SOUN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGM:SOUN)
GBT Tokenize Corp. (GTC), a joint venture that is 50
percent owned by GBT Technologies Inc. (OTC PINK:GTCH), has completed phase one of its intelligent soccer
game analytics and score prediction platform. According to the press release,
GTC employed a development team of experts in soccer sport statistics and
analysis domains for the purpose of developing a software system with the
internal code name: smartGOAL. Danny Rittman, GBT’s CTO, explained:
“The
more information the system is trained with, we believe the more accurate the
predictions and analysis will be. One of our joint venture companies, GTC,
aimed to evaluate machine learning-driven applications in various fields, among
them are entertainment, media and sports. We believe smartGOAL is an
intelligent application that has the ability to change the world's soccer field
when it comes to analytics and game score predictions.”
SoundHound AI, Inc. (NasdaqGM:SOUN) has partnered with global digital transformation
services company DMI to develop “superior driver experiences through the
integration of SoundHound's advanced voice AI platform with DMI's Edge-to-Cloud
solutions.” This, according to the press release, aims to “provide clients with
an out-of-the-box solution to bring voice recognition and conversational AI
into the vehicle.” Matt Anderson, Director of Business Development at
SoundHound, commented:
"Our
partnership with forerunners DMI will help connect SoundHound technology with
auto manufacturers of all sizes that are looking to deliver the voice-enabled
experience drivers and their passengers are beginning to expect. This
technology also allows OEMs to plug directly into a broader connected
ecosystem, opening up new revenue opportunities while delivering a
best-in-class conversational technology that feels natural and intuitive."
Global
AI in Fintech Market to Reach $113.9B by 2031
Research published by ReportLinker finds that the global AI in
Fintech market is projected to grow from $8.4 billion USD in 2021 to $113.9
billion by 2031, registering a compound annual growth rate (CAGR) of 29.8
percent in the forecast period. An excerpt from the report’s summary indicates
some key factors driving the market’s growth:
Some
of the primary driving drivers for the market are changing technologies, which
are enhancing financial service providers’ business processes, as well as
increasing internet penetration and availability of spatial data. Banks and
fintech have profited from AI and machine learning because they can process
large amounts of data on clients. This data and information are then compared
to arrive at conclusions about what services/products clients want, which has
benefited in the development of customer relationships.
Sam Mowers, Investorideas.com
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