#ChatGPT
and the #AI #Stock Buzz it has Created
#Stocks
to Watch (OTCPINK: $GTCH) (NYSE: $AI) (NYSE: $BBAI) (NASDAQ: $SOUN) @C3_AI
@bigbearai @SoundHound
Vancouver, Kelowna,
Delta, BC –– February 8,
2023 Investorideas.com,
a global investor news source covering Artificial Intelligence and tech stocks releases a sector snapshot featuring GBT Technologies Inc. (OTCPINK:GTCH) and its Avant! AI machine learning
system.
Read
this article, featuring GTCH in full at https://www.investorideas.com/news/2023/technology/02081ChatGPT-AI-Stocks.asp
AI stocks including Shares of C3.ai, Inc. (NYSE: AI),
BigBear.ai Holdings, Inc. (NYSE:
BBAI) and SoundHound AI (NASDAQ:
SOUN)
have rallied recently due to the excitement of OpenAI's ChatGPT, as investors look for the
next big thing in AI.
For a list of AI stocks on Investorideas.com to
research visit:
https://www.investorideas.com/TSS/stock_list.asp#Robotics
According to GBT Technologies (OTCPINK:GTCH), “It has been almost five years
since Avant! AI was introduced. Since then, AI technologies have gained vast
interest in a wide variety of topics. For example, text-generation models like
chatGPT has garnered a lot of attention for its ability to create text that
looks and sounds like it was written by a human. Now it’s looking like the next
iteration of the software, GPT-4, is just around the corner, with an estimated
release date of sometime in early 2023.”
“Avant!-AI is a text-generation, deep learning,
self-training model that is working based on an innovative, unique concept. Not
like other similar models, for example chatGPT, it learns on its own and is constantly
enhancing its information database. Avant!-AI’s main advantage is the fact that
it includes unsupervised learning capabilities.”
CTO Danny Rittman says, “The goal of Avant!-AI is to
perform tasks that typically require human intelligence, such as perception,
analysis, reasoning, and decision-making. “
The Hippocrates system for Diagnostics https://www.hmd.care,
is GBT Technologies Avant! health application. The Hippocrates health system is
an AI-based medical advisor. Users may provide symptoms, ask medical questions
and describe conditions in order to get diagnosis advise, including known
medication and treatments.
BigBear.ai Holdings, Inc. (NYSE:
BBAI)
says on its website (https://bigbear.ai)
“As a leader in the use of Artificial Intelligence (AI) and Machine Learning
(ML), we are making AI-powered decision support accessible and scalable for any
organization.”
BigBear.ai delivers AI-powered analytics and cyber
engineering solutions to support mission-critical operations and
decision-making in complex, real-world environments. BigBear.ai’s customers,
which include the US Intelligence Community, as well as customers in
manufacturing, logistics, commercial space, and other sectors, rely on
BigBear.ai’s solutions to see and shape their world through reliable, predictive
insights and goal-oriented advice.
The Company just
announced a $25 Million private placement to move forward with
its mission.
SoundHound AI (NASDAQ:
SOUN)
also announced funding recently, reporting it had closed $25 million in
preferred equity financing.
From
the news: “Additionally, SoundHound pre-announces strong
preliminary 2022 results with revenue of approximately $31 million, at the
high-end of its prior guidance, and gross margins in excess of 70%1. The
Company expects revenue growth in 2023 to accelerate to approximately 50%
year-over-year due to its strong customer base, well over $300 million bookings
foundation, and increasing demand for its voice AI-enabled customer service
products. Full year 2022 results and 2023 formal guidance will be released with
the company’s upcoming earnings announcement.”
SoundHound AI offers an independent voice AI platform
that enables businesses across industries to deliver best-in-class
conversational experiences to their customers. Built on proprietary
Speech-to-Meaning® and Deep Meaning Understanding® technologies, SoundHound’s
advanced voice AI platform provides exceptional speed and accuracy and enables
humans to interact with products and services like they interact with each
other-by speaking naturally.
The founders of OpenAI's ChatGPT say
on their site that their “mission is to ensure that artificial general
intelligence (AGI)-by which we mean highly autonomous systems that outperform
humans at most economically valuable work-benefits all of humanity.”
“We will attempt to directly build safe and beneficial
AGI, but will also consider our mission fulfilled if our work aids others to
achieve this outcome.”
Only time will tell how AI technology will play a role in
our lives and to what extent-let’s hope it is friendly to us humans along the
way.
Danny Rittman, CTO of GBT Technologies Inc. told
Investor Ideas, “The question of whether AI will replace humans is a complex
one that depends on many factors. While it is true that AI will automate many
tasks, it is also likely that it will create new opportunities and augment
human capabilities. Our Avant!-AI does not aim to replace humans, but to become
an efficient assistant and advisor. Its cognitive and reasoning capabilities could
make it a welcomed additional member to a team workforce. GBT will continue its
research and development in this field to ensure that the benefits of AI
technology are widely shared and that its negative consequences are mitigated
through appropriate policies and regulations.”
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