#AIEye
#Podcast 712: #Stocks discussed: (OTCPINK: $GTCH) (OTC: $XALL) #artificialintelligence
GBT
Researching Practical Applications for Apollo Motion Detection System, and
Xalles Holdings is Acquiring AIgrowthHUB
#AI
in #Manufacturing Market to Reach $78.74B by 2030
Vancouver, Kelowna, Delta, BC – July 19, 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/2022/071922-AI-Eye.mp3
Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/07191GTCH-XALL.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (OTC:XALL)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is researching practical
applications for its intelligent, wireless, motion detection patented
technology, codenamed "Apollo." According to the press release,
Apollo “includes AI algorithms to control and analyze radio wave transmissions
and their reflections to construct accurate 3D/2D imaging in real time.” Danny
Rittman, the company’s CTO, explained:
"We
believe the wireless motion detection and imaging technology encapsulates a
broad world of commercialization possibilities. The patent's IP can be
efficiently used as an accurate, high resolution computer vision "eyes''
within a wide variety of fields. For example, one possible application is an
external, non-invasive artery's clogs imaging system. A small probe, like a
common ultrasound unit, can scan the human body's arteries, providing 3D
imaging of arteries and veins, detecting life threatening blockages. Another
efficient application is smart vehicles look-around vision system to provide
detailed information about the vehicle's surroundings. In addition, this type
of technology can be highly efficient for the security domain, for example
concealed objects detection systems for airports. The patent's computer vision
IP can “see” through walls and other mediums using machine learning algorithms.
Apollo sends RF data and analyzes its reflections using deep learning
techniques, constructing 3D/2D images and live motion videos in real time.”
Fintech holding company Xalles Holdings Inc. (OTC:XALL) is acquiring AIgrowthHUB Inc. in a share exchange
agreement, rendering the latter a wholly-owned subsidiary. AIgrowthHub,
according to the press release, “provides business solutions that focus on
acquiring customers and enriching the customer experience,” and is expected to
contribute roughly $7 million in revenue to Xalles over the next 12 months.
Thomas Nash, CEO of Xalles Holdings, said:
“We
believe that artificial intelligence is just beginning to be implemented in a
number of business processes and Xalles plans to assemble a group of companies
that will support internal companies and external clients with process-changing
services.”
AI
in Manufacturing Market to Reach $78.74B by 2030
A report published by Acumen Research and Consulting finds that the
global AI in Manufacturing market is projected to grow from $2.96 billion USD
in 2021 to $78.74 billion by 2030, registering a compound annual growth rate
(CAGR) of 44.3 percent in the forecast period 2022-30. An excerpt from the
report’s description outlines som key factors influencing the market’s growth:
AI
and industrial automation have come a long way in recent years. Machine
learning techniques, sensor advancements, and thus increased computing power
have all contributed to the creation of a newer generation of robots. Moreover,
the advent of industry 4.0 is another factor that is expanding the artificial
intelligence in manufacturing market’s revenue. However, lack of advanced
infrastructure which also requires high initial investment is likely to limit
the market from growing.
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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