#AIEye #Podcast
736: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqCM: $AEHL)
GBT
Receives Notice of Allowance for Facial/Body Recognition Patent Application,
and Kylin cloud Enters Service Agreement for AI Enterprise
Global #AI-Powered #Storage
Market to Reach $162.5B by 2031
Vancouver,
Kelowna, Delta, BC – November 9, 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/2022/110922-AI-Eye.mp3
Read this in full
at https://www.investorideas.com/news/2022/artificial-intelligence/11091GTCH-AEHL.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(OTCPINK:GTCH) (NasdaqCM:AEHL)
GBT
Technologies Inc. (OTC PINK:GTCH) has received a notice of allowance for its facial
and body recognition non-provisional patent application. According to the press
release, the patent application “seeks to protect techniques to apply
machine-learning to classify human facial and bodily features, enabling locking
and unlocking functions for smartphones and computers.” Danny Rittman, GBT's
CTO, explained:
“We believe this
type of system can be of a great value for security applications such as
identifying a person-of-interest in crowded places like airports, shopping
malls and conferences. Another possible efficient application is facial
identification for locking/unlocking electronic devices. As security systems
have significantly evolved over the past decades, particularly for mobile
devices and computers, we believe this type of technology can offer a strong
protection layer against privacy and data theft. We believe this type of
technology can be effective for various security applications, video censuring
and fitness. It can also be implemented within a live stream video such as
surveillance cameras or post imaging/video analysis. We plan to further invest
in R&D efforts for the described technology, to evaluate superior security
capabilities for individuals and businesses.”
Antelope
Enterprise Holdings Limited (NasdaqCM:AEHL) has announced that its subsidiary, Hainan Kylin
Cloud Services Technology Co., Ltd (Kylin Cloud), has entered into a Service
Agreement Contract with Anhui Zhongzhou Innovation Industry Technology Co.,
Ltd. (Anhui Zhongzhou) to utilize its SaaS platform to help Anhui Zhongzhou
recruit personnel for its artificial intelligence (AI) data services business.
This, according to the press release, will see Kylin Cloud “recruit part-time
personnel for Anhui Zhongzhou to help in their business development associated
with data collection, data labelling and data annotation services for AI and
machine learning for their clients.”
Global AI Powered
Storage Market to Reach $162.5B by 2031
A
report published by Allied Market Research finds that the global
AI Powered Storage market is projected to grow from $15.6 billion USD in 2021
to $162.5 billion by 2031, registering a compound annual growth rate (CAGR) of
26.7 percent in the forecast period 2022-31. An excerpt from the report’s description
outlines some factors influencing the market’s growth:
AI-powered storage
is gaining popularity due to growing demand for artificial intelligence and
machine learning. AI-powered storage utilizes advanced analytics which creates
increased demand for business infrastructure. Moreover, it plays a crucial role
in digitization and adoption of connected devices. Furthermore, the AI-powered
storage market is anticipated to grow at a significant rate due to increased
data volumes and a rise in the adoption of artificial intelligence services.
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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