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Thursday, April 6, 2023

#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (OTC: $TREN) (NasdaqGS: $GOOG)



 

 

#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (OTC: $TREN) (NasdaqGS: $GOOG)

 

GBT Tokenize Enters Asset Purchase Agreement with Trend Innovation Holdings for Avant! AI, and Google to Integrate AI Features in Search Engine Tools

 

Global #ArtificialIntelligence in #Education Market to Reach $23.82B by 2030

 

Vancouver, Kelowna, Delta, BC – April 6, 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/2023/040623-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/04061GTCH-TREN-GOOG.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (OTC:TREN) (NasdaqGS:GOOG)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced that GBT Tokenize Corp., its 50 percent-owned subsidiary, entered into an Asset Purchase Agreement (APA) with Trend Innovation Holdings, Inc. (OTC:TREN), pursuant to which GBT Tokenize sold certain assets relating to the proprietary system and method of Avant! AI, its text-generation, deep learning self-training model. Avant! AI, according to the press release, “is designed to provide businesses and consumers with a natural language interface to interact with their devices and systems. The technology utilizes machine learning and natural language processing (NLP) to interpret and respond to user requests.” Mansour Khatib, CEO of GBT Technologies, said:

 

"Selling Avant! Ai to a third party and retaining a license for internal purposes strengthens and encourages our belief that we can position ourselves as an IP Company.”

 

The New York Post reports that Google [Alphabet Inc.] (NasdaqGS:GOOG) is planning to enhance its search engine with “artificial intelligence features that will enable it to interact with users in more conversational, human-like ways.” Google’s CEO, Sundar Pichai, told the Wall Street Journal that the company’s incorporation of AI into its search engine tools “signals the company’s commitment to competing against the likes of … OpenAI and others.” Google is already regarded as an industry leader in developing large language models (LLMs) that “can generate responses to prompts that resemble those of humans.” Pichai said to the Wall Street Journal:

 

“Will people be able to ask questions to Google and engage with LLMs in the context of search? Absolutely.”

 

Global Artificial Intelligence in Education Market to Reach $23.82B by 2030

 

A report published by Market Research Future finds that the global market for AI in Education is projected to grow from $3.45 billion USD in 2023 to $23.82 billion by 2030, registering a compound annual growth rate (CAGR) of 38 percent in the forecast period. The following excerpt from the report’s description outlines some key factors impacting the market’s growth:

 

The education sector is being digitally transformed, increasing demand for on-premise AI. In 2022, the on-premise sector of Artificial Intelligence in the Education market reached a valuation of over $3 billion USD. The use of an on-premises AI model has increased due to the digital revolution in the education industry since it can successfully engage students and boost income through new conversational channels. Also, many academic institutions are investing in upskilling their students to stay up with rapidly changing digital technology.

 

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

 

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