#AIEye
#Podcast 718: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $TFC) #artificialintelligence
GBT
Receives Notice of Publication for Facial & Body Recognition Patent, and
Truist Acquires Zaloni
Global
#Automotive #AI Market to Reach $1.49B by 2030
Vancouver, Kelowna, Delta, BC – August 23, 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/2022/082322-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/08231GTCH-TFC.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:TFC)
GBT Technologies Inc. (OTC PINK:GTCH) has received a notice of publication for its
facial and body recognition non-provisional patent application. According to
the press release, the patent boasts “techniques for locking and unlocking
functions for smartphone screens or computers based on covered/uncovered facial
and body recognition.” The company’s CTO, Danny Rittman, explained:
"Security
systems have significantly evolved in the past decade, particularly for mobile
devices and computers. Our smartphones hold sensitive and personal information
like passwords, medical information, account numbers, emails, photos, messages,
and videos. Losing a mobile device can be worse, leading to identity theft or
hacking into an email or social media accounts. Biometric security has become a
standard to protect phones and computer data. We believe our technology will
further expand this horizon through more secure digital identification. Our
facial and body recognition patent application covers comprehensive AI
algorithms with the goal of learning a human's features and identifying them
with or without cover. It is our goal to continue researching this technology,
combining it with our similar concepts to offer superior security and privacy
capabilities for individuals and businesses.”
Truist Financial Corporation (NYSE:TFC)
has acquired data technology solution delivery
firm Zaloni. This includes the latter’s Zaloni Arena platform, which will be
leveraged to accelerate Truist’s “data governance, metadata management,
advanced analytics, and artificial intelligence and machine learning (AI/ML)
programs.” Scott Case, Truist’s CIO, said:
"Truist
is making investments to continuously grow and evolve with our clients' banking
needs. In partnership with Truist Ventures, we identified the Arena platform as
an investment that will help us deliver better financial experiences, advance
our strategy and demonstrate our purpose to inspire and build better lives and
communities.”
Global
Automotive AI Market to Reach $1.49B by 2030
A report published by Market Research Future finds that the global
market for Automotive AI is projected to reach $1.49B USD by 2030, registering
a compound annual growth rate (CAGR) of 30.01 percent in the forecast period
2022-30. An excerpt from the report overview outlines some trends impacting the
market’s growth:
Ai
in the automotive sector is being driven by the burgeoning automobile industry.
Autonomous driving assistance systems, the internet of things, and cloud-hosted
intelligence are all predicted to have a big impact on the artificial
intelligence business. Considering the largest auto companies investing
extensively in artificial intelligence for autos, industry-wide standards like
navigation systems, sophisticated automated driving, and blind-spot alerts are
expected to further fuel market expansion.
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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