#AIEye #Podcast 744: #Stocks
discussed: (OTCPINK: $GTCH) (ASX:BRN) (NasdaqGS: $INTC)
GBT Files
Continuation Application for AI-Powered Facial/Body Recognition Patent, and
BrainChip Joins Intel Foundry Services
Market for #MachineLearning to Reach
$278.56B by 2028
Vancouver,
Kelowna, Delta, BC – December 14, 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/2022/121422-AI-Eye.mp3
Read this in full
at https://www.investorideas.com/news/2022/artificial-intelligence/12141GTCH-BRN-INTC.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed:
(OTCPINK:GTCH) (ASX:BRN) (NasdaqGS:INTC)
GBT
Technologies Inc. (OTC PINK:GTCH) has filed a continuation application with the
United States Patent and Trademark Office for its facial and body recognition,
non-provisional patent. Employing machine learning techniques, this technology
aims “to classify human facial and bodily features, enabling security functions
like locking and unlocking of smartphones and computers.” Danny Rittman, the
company’s CTO, explained:
“The patent
application describes a technology that learns from observational information
and constructs a dataset that describes a three-dimensional figure of humans
and objects. We believe this type of system can be efficient for security
applications. For example, identifying a person-of-interest in crowded
locations among them are airports, conferences and shopping centers. We believe
another possible efficient application is facial identification for
locking/unlocking electronic devices. As security systems have been
significantly evolved in the past decades, particularly for mobile devices and
computers, this type of technology can offer a strong protection layer against
privacy and data theft.”
BrainChip
Holdings Ltd (ASX:BRN) has announced that it has become a member of the
Intel Foundry Services (IFS) ecosystem alliance to help advance innovation on
Intel's (NasdaqGS:INTC) foundry manufacturing platform.
In particular, BrainChip has joined the IFS Accelerator - IP Alliance, in which
it will integrate AI into the Systems-On-Chip (SoC), delivering “efficient
compute and the unique learning and performance requirements of Edge AI.” Anil
Mankar, Chief Development Officer at BrainChip, said:
"We are proud
to partner with Intel as part of its IFS Accelerator - IP Alliance. The
combination of BrainChip's Akida IP and Intel's leading technology helps ensure
that customers looking to implement edge AI acceleration and learning have the
tools and resources to accelerate their success."
Market for Machine
Learning to Reach $278.56B by 2028
A
report published by Stratview Research finds that the market for
Machine Learning is projected to grow from $21.5 billion USD in 2021 to $276.58
billion by 2028, registering a compound annual growth rate (CAGR) of 44 percent
in the forecast period. The following excerpt from the report’s summary
outlines some key trends influencing the market’s growth:
Growing
developments in technology resulting in a higher accuracy of systems is a key
factor augmenting the market growth. People interact with several systems that
are based on machine learning such as voice recognition systems, recommender
systems, and image recognition systems. Significant technological advancement
in image recognition systems has spurred the system's accuracy, thereby
bolstering industry growth.
Sam Mowers,
Investorideas.com
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and hear other editions of the AI Eye
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