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Tuesday, April 11, 2023

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



 

 

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

 

GBT and Trend Innovation Holdings Successfully Test Avant! AI in Cybersecurity, and Sprout Social Launches New AI Features

 

Global Edge #AI #Hardware Market to Reach $7.97B by 2032

 

Vancouver, Kelowna, Delta, BC – April 11, 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/2023/041123-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/04111GTCH-TREN-SPT.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) (NasdaqCM:SPT)

 

GBT Technologies Inc. (OTC PINK:GTCH) and AI-based information technology firm Trend Innovation Holdings, Inc. (OTC:TREN) have announced that they have mutually and successfully tested Avant! AI in a theoretical cybersecurity incident simulation. Avant! AI, according to the press release, “proved to have superior capabilities when performing real-time cyber incident analysis, identifying weak spots, assessing the impact experienced across the organization, and recommending immediate technical remediation methods in the $200+ billion Global Cybersecurity market.” Natalija Tunevic, President and CEO of TREN, explained:

 

"The Global Cybersecurity Market was valued at $220.51 billion in 2021, and the worldwide cybersecurity market is expected to reach $501.6 billion by 2030. Our Avant! AI machine learning technology will help the Company to compete for a substantial percentage of this ever-growing market. Avant! AI was trained to analyze the cybersecurity incident in our simulation by pointing out threats and vulnerabilities, prioritizing remediation methods, and recommending a course of action for recovery.

 

Avant! also proved to have superior capabilities by successfully recommending efficient response strategies to contain, eradicate and recover from the cyber incident. Finally, it also evaluated and recommended communication strategies during the incident, internally and publicly.”

 

Cloud-based social media management software provider Sprout Social, Inc. (NasdaqCM:SPT) has announced the launch of a series of new AI features across its platform that combines the power of Sprout’s proprietary machine learning (ML) and deep automation capabilities with OpenAI’s GPT model. Justyn Howard, CEO and Co-Founder of Sprout Social, said:

 

“The rapid advancements in AI require us to be intentional and bring the most valuable aspects to our customers, tailored to the unique challenges of social business. Impactful and intuitive AI will be ready to use and fit seamlessly into current workflows while vastly improving them. This will deliver incredible value to our customers and empower them to unlock even greater ROI from social.”

 

Global Edge AI Hardware Market to Reach $7.97B by 2032

 

A report published by Polaris Market Research finds that the global Edge AI Hardware market is projected to grow from $1.15 billion USD in 2022 to $7.97 billion by 2032, registering a compound annual growth rate (CAGR) of 21.4 percent in the forecast period 2023-32. The following excerpt from the report’s description outlines some factors influencing the market’s growth:

 

The extensive rise in the demand for low latency and real-time processing on variety of edge devices, increasing workloads of businesses on cloud, and introduction to various intelligent applications in the market are primary factors expected to create demand and growth for the global market. In addition, the AI inference without any need of data transfer and its ability to reduce the business operation costs in various critical case-loads, where accuracy is must has also generated huge demand across edge AI devices.

 

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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