#AIEye
#Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NasdaqCM: $BNIX) (NYSE: $IBM)
GBT
Announces Patent Purchase Agreement with Bannix Acquisition Corp. for Apollo IP
System, and IBM Brings AI-Powered Features to US Open
Global
#AI in #CancerDiagnostics Market to Reach $996.1M by 2030
Vancouver, Kelowna, Delta, BC – August 15, 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/2023/081523-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2023/artificial-intelligence/08151GTCH-BNIX-IBM.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqCM:BNIX) (NYSE:IBM)
GBT Technologies Inc. (OTC PINK:GTCH) has entered into a definitive Patent Purchase
Agreement through its 50 percent-owned GBT Tokenize Corp. with Bannix
Acquisition Corp. (NasdaqCM:BNIX) wherein the latter will acquire
the Apollo IP system for $42,500,000 payable in shares of Preferred Stock of
BNIX. The Apollo IP system is described as “a revolutionary radio
frequency-based computer vision technology that, upon full development, can
provide autonomous vehicles with superior perception and mapping capabilities
in all lighting conditions and weather.” Doug Davis, CEO of Bannix Acquisition
Corp., explained:
"We
are excited to announce our acquisition agreement with Tokenize. We believe
this strategic acquisition will allow us to partner with multiple integrators
of autonomous vehicles. We believe it will also enhance our Business
Combination partner Evie Autonomous Group's exciting, patent-pending, AI
enhanced radar vision system that allows vehicles to perceive their environment,
using 4D radar and algorithms to intelligently interpret the sensor data and
unlock tremendous value and position us as a leader in the autonomous
technology space. Together, we will drive the future of mobility and
revolutionize the way people experience transportation.”
IBM (NYSE:IBM) and the United States Tennis
Association (USTA) have announced the implementation of AI-powered
digital fan features on USOpen.org and the US Open app. This will include AI
generated commentary and captions powered by watsonx, IBM's AI and data
platform. Jonathan Adashek, Senior Vice President of Communications and
Marketing at IBM, explained:
"Fans
accessing the US Open digital experiences this year will be able to experience
every singles match, across all seventeen courts, with detailed audio narration
and captions accompanying each video – thanks to the power of IBM's watsonx
generative AI, specifically trained on the language of tennis. The AI
Commentary feature was developed based on the watsonx enterprise-ready data and
AI platform, designed to enable businesses to accelerate generative AI work by
leveraging foundation models and machine learning in one place, with their own
data."
Global
AI in Cancer Diagnostics Market to Reach $996.1M by 2030
A report published by Research and Markets finds that the global
market for AI in Cancer Diagnostics is projected to grow from $137.8 million
USD in 2022 to $996.1 million by 2030, registering a compound annual growth
rate (CAGR) of 26.3 percent in the forecast period 2023-30. The following
excerpt from the report’s description outlines some key factors impacting the
growth of the market:
The
increasing scope of applications of artificial intelligence (AI) in various
healthcare fields, including diagnostics; the rising prevalence of cancer; and
the growing shortage of public health workforce are some of the key factors
anticipated to fuel the adoption of artificial intelligence (AI) in cancer
diagnostics over the forecast period. In addition, the increasing applicability
of AI-based tools in cancer care and the rise in venture capital investments is
further driving the surge in demand for this 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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