#AIEye
#Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NYSE: $IBM)
GBT
Files Trademark Application for Avant! AI, and IBM Launches RFP for Water
Management Solutions
Global
Enterprise AI Market to Reach $64.5B by 2028
Vancouver, Kelowna, Delta, BC – March 14, 2023 – 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/2023/031423-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/03141GTCH-IBM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:IBM)
GBT Technologies Inc. (OTC PINK:GTCH) has filed a federal trademark application –
through its partially owned subsidiary, GBT Tokenize Corp. – for its Avant! AI
technology. Tokenize, according to the press release, “is currently working to
enhance the dialog interface for Avant! AI, targeting more robust Q/A
possibilities, combined with easier, and more friendly user interactions.”
Danny Rittman, GBT’s CTO, explained:
"Tokenize
is trademarking Avant! AI technology as it is gearing up for its new release in
the next upcoming months. Since its release, Avant!’s core technology has been
used in other derivative applications, the most recent one is Hippocrates (www.hmd.care). Hippocrates is a health information system, released as a POC
version, focusing on both preventive and primary care to provide first line of
health-related advice and recommendations. Avant! is currently under
development to enhance its NLP technology and to provide a robust user's
interaction experience. Additionally, Tokenize is equipping it with
summarization techniques to provide faster and enhanced informational
coverage.”
IBM (NYSE:IBM)
has launched an RFP as part of the IBM
Sustainability Accelerator, which will focus on water management solutions.
This program, according to the press release, “applies IBM technologies, such
as hybrid cloud and artificial intelligence, and an ecosystem of experts to
enhance and scale projects focused on populations vulnerable to environmental
threats.” IBM VP and Chief Impact Officer Justina Nixon-Saintil, said:
"Water
management for the world's most vulnerable communities is a tremendous
challenge. Following our first two cohorts on sustainable agriculture and clean
energy, now we look forward to working with organizations with initiatives that
scale technology solutions that will support communities in overcoming water
challenges, including shortages, pollution, or conservation."
Global
Enterprise AI Market to Reach $64.5B by 2028
A report published by Vantage Market Research finds that the global
market for Enterprise AI is projected to grow from $11.1 billion USD in 2021 to
$64.5 billion by 2028, registering a compound annual growth rate (CAGR) of 34.1
percent over the forecast period. The following excerpt from the report’s
description outlines the factors influencing the market’s growth:
By
incorporating AI, companies can save money, boost their efficiency, and will be
able to generate insights that help them enter new markets. Enterprise
Artificial Intelligence applications enable a change to maximize sales,
optimize the supply chain, improve products, enhance customer service, sharpen
cybersecurity, and several other tasks. Enterprise AI helps companies to make
data-driven decisions. Major factors contributing to the market's growth
include a shift in business models from traditional to traditional, which will
increase the forecast of the global Enterprise Artificial Intelligence market
during the forecast period.
Sam Mowers, Investorideas.com
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