#AIEye #Podcast
754: #Stocks discussed: (OTCPINK: $GTCH) (TSX: $IMP.TO)
GBT
Receives Notice of Allowance for Sigma Patent, and Intermap is Awarded Task
Order by US Dept of Defense
Global #AI
Orchestration Market to Reach $35.2B by 2031
Vancouver, Kelowna,
Delta, BC
– January 31, 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/2023/013123-AI-Eye.mp3
Read this in full
at https://www.investorideas.com/news/2023/artificial-intelligence/01311GTCH-IMP.asp
Today’s Column- The AI Eye- Watching stock
news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH)
(TSX:IMP)
GBT
Technologies Inc. (OTC
PINK:GTCH) has received a
notice of allowance from the United States Patent and Trademark Office (USPTO)
regarding its nonprovisional patent application for automatic correction of
Integrated Circuits electrical connectivity mismatches, codenamed “Sigma”.
According to the press release, Sigma “describes programmatic algorithms to
automate integrated circuits electrical connectivity mismatches correction with
the goal of achieving faster and more efficient designs, particularly for
advanced nanometer range of 5nm and below.” Danny Rittman, the company's CTO,
explained:
“The correction
process involves the identification of existing wrong connections,
disconnecting them, and re-routing them correctly. The non-provisional patent
application includes a summary of an AI technology to manage the data
processing, performing the challenging mathematical analysis, concluding
possible solutions and the execution of an auto-correction function We believe
this technology is an innovative design productivity enhancement, which has the
ability to enable IC design firms to achieve reduction of their overall
projects design time and to bring their microchips to market faster, which in
turn may create new horizons for the semiconductor industry.”
3D
geospatial products and intelligence solutions firm Intermap Technologies
Corporation (TSX:IMP) has
been awarded its
first task orders under the U.S. Defense Department’s JANUS contract. The task
order, which was completed within 48 hours, involved the provision of
geospatial products for a federal intelligence agency that were processed using
Intermap’s advanced AI/ML technology. Patrick A. Blott, Intermap’s Chairman and
CEO, said:
“Supporting the
U.S. DOD’s mission to advance integrated precision warfare with rapid and
precise geospatial intelligence is a privilege and strategic imperative for
Intermap. These awards, and more like them, will drive our business forward by
incorporating proprietary, commercial AI/ML capabilities that deliver timely
GEOINT decision-making at worldwide scale, on-demand, at the operating tempo of
U.S. government intelligence agencies.”
Global AI
Orchestration Market to Reach $35.2B by 2031
A
report published by Allied
Market Research finds that the global market for AI
Orchestration is projected to grow from $5.2 billion USD in 2021 to $35.2
billion by 2031, registering a compound annual growth rate (CAGR) of 21.5
percent in the forecast period 2022-31. According to the report’s summary, AI
Orchestration solutions “help enterprises operationalize artificial
intelligence (AI) enabling scalability and growth,” by employing technologies
such as machine learning and AI assistants with data preparation, model
building and deployment, and insight generation.” An excerpt from the report
overview reads:
The AI
orchestration market has witnessed significant growth in the past few years,
and is expected to further exhibit notable growth, due to the outbreak of the
COVID-19 pandemic. This is attributed to the surge in need of artificial
intelligence-based solution & services among enterprises for improving
their customers’ needs and to upsurge their revenue opportunity. In addition,
use of AI orchestration technologies for managing the growing volume of data
generated from various devices in an organization drives the growth of the
market.
Sam Mowers,
Investorideas.com
Read and hear other editions of the
AI Eye
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stocks on Investorideas.com visit here
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