#AIEye
#Podcast 723: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGM: $VERI) #artificialintelligence
GBT
Granted Fast Track for Automatic IC Correction Patent, and Veritone Introduces
New Voice Features
Global
#AI in #Fintech to Reach $28.11B by the End of 2028
Vancouver, Kelowna, Delta, BC – September 16, 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/2022/091622-AI-Eye.mp3
Read
this in full at
https://www.investorideas.com/news/2022/artificial-intelligence/09161GTCH-VERI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGM:VERI)
GBT Technologies Inc. (OTC PINK:GTCH) has been granted a fast track for its non provisional
patent application by the United States Patent and Trademark Office pertaining
to the automatic correction of Integrated Circuits (IC) electrical connectivity
mismatches. Danny Rittman, the company’s CTO, explained:
“A
correction of electrical connectivity mismatches within IC data can be a
significant time-consuming process, especially with advanced nanometer chips,
like 5nm and below, that may include billions of transistors. The technology
underlying our non-provisional patent application presents an automated LVS
[Layout Versus Schematic] correction system to analyze the data of an entire
chip, checks for electrical connectivity mismatches and Auto-Correcting them
with a click of a button. It's a major challenge to perform such an operation
programmatically and we are using advanced mathematics and AI technology to
address the vast amount of data processing, complex mathematical analysis,
concluding possible solutions, and executing auto-corrections. We consider this
IP as one of GBT's innovative IC design productivity enhancement technology,
and plan to pursue further R&D efforts in it in the future.”
Veritone, Inc. (NasdaqGM:VERI) has unveiled its next-generation Veritone Voice,
following the recent acquisition of synthetic voice pioneer VocaliD. According
to the press release, VocaliD brings several upgrades to Veritone Voice,
including “new application capabilities, over 70 premium voice-over AI voices
available to license, hundreds of stock voices and multiple new languages.”
Sean King, senior vice president and general manager of Commercial Enterprise,
Veritone, said:
"As
the market for AI voice solutions grows, it is becoming increasingly important
that the generated voices sound and feel hyper-realistic. Many elements need to
be taken into account and managed, including the tone of these voices – such as
being happy, somber or promotional. In today’s digital world, monotone
digital-sounding voices simply won’t cut it. Addressing these needs is at the
heart of our latest version of Veritone Voice, which empowers the voice to be
articulate, genuine and nuanced for the content and audience. Whether the
voices are used for broadcast quality productions, the metaverse or other
applications, we believe that content creators and brands will appreciate the
authenticity our Veritone Voice solutions offer as they move their projects
forward."
Global
AI in Fintech to Reach $28.11B by the End of 2028
A report published by Blue Weave Consulting finds that the global AI
in Fintech market is projected to grow from $10.14 billion USD in 2021 to
$28.11 billion by the end of 2028, registering a compound annual growth rate
(CAGR) of 15.8 percent in the forecast period – according to the report’s press release. The following excerpt from the
report’s summary outlines the ways AI assists in the Fintech space:
The
financial industry has benefited from advances in Artificial Intelligence (AI)
and Machine Learning (ML). As AI can assess real-time patterns and aid in rapid
decision-making, banks now have the ability to process a vast number of data
sets and draw conclusions. They are operating effectively while also developing
effectiveness. In the finance industry, AI boosts employee productivity by 59%. The result has been a reduction in
loan defaults and increased business safety, all for the benefit of the
clients. Financial companies will be able to reduce costs by 22% by 2032, saving close to $1 trillion. Numerous fintech companies
are continuously investigating the applications of AI that will benefit banks'
loan choices, customer service, and credit and fraud detection procedures.
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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