#AI #Stock News: GBT
(OTCPINK: $GTCH) Commences Development of New Neuromorphic Microchip Project,
The CLEVER Chip
Santa
Monica, CA - October 11, 2019 (Investorideas.com Newswire) GBT Technologies
Inc. (OTCPINK:
GTCH)
("GBT", or the "Company"), a company specializing in the
development of Internet of Things (IoT) and Artificial Intelligence (AI)
enabled networking and tracking technologies, including its GopherInsight™
wireless mesh network technology platform for both mobile and fixed solutions,
announced that it commenced development of a new neuromorphic microchip project
called the CLEVER chip.
The
microchip is specifically targeted to become a hardware support for its AI
software technology. The CLEVER chip is intended to be a neuromorphic AI chip,
which is defined as an advanced integrated circuit that is built based on a
model of the human brain, electronically modelling its neurons and synapses
architecture. It is GBT’s intent to design the microchip to process vast data
such as media (images, sound) and to respond to changes in that data in ways
not specifically programmed but concluded by the chip's algorithms. The goal of
the CLEVER Chip is to accelerate GBT's AI technology, which is based on deep
machine learning and automated analytical model building, and in turn enabling
real-time response for interaction with humans.
"We
are excited to start this project since we believe it is the future of AI.
Understanding how the human brain works, and modeling microchips after it, is a
great challenge and we believe that we have all the required knowledge and
experience to achieve this goal. Neuromorphic integrated circuits strive to model
the human brain in silicon and process information as billions of neurons and
trillions of synapses would do. It is our goal to design the CLEVER microchip
to 'think' similarly to humans according to neurons based architecture allowing
humanlike intelligent response. The system under development is being designed
to work not by rules-based response but by neural network modeling and self
learning, responding to changing images, sounds, and the like. That is a true
process of learning. We intend to incorporate brain-alike, advanced neural
networks into the CLEVER chip to understand inputs, run simulations/analytics,
understand conditions/situations and make conclusions," stated Danny
Rittman, GBT’s Chief Technology Officer.
About GBT Technologies Inc.
GBT
Technologies Inc. (OTC PINK: GTCH) ("Gopher") (http://gopherprotocol.com/) is a
development-stage company which considers itself a native IoT creator,
developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled
mobile technology platforms. Gopher has a portfolio of Intellectual Property
that, when commercialized, will include smart microchips, mobile and security
applications and protocols, and supporting cloud software. Gopher’s system envisions
the creation of a global mesh network. The core of the system will be its
advanced microchip technology that can be installed in any mobile or fixed
device worldwide. Gopher envisions this system as a low-cost, secure, private
mesh network between any enabled devices, providing shared processing, advanced
mobile database management/sharing and enhanced mobile features as an
alternative to traditional carrier services.
About GBT TECHNOLOGIES, S.A.
GBT
Technologies, S.A., a private Costa Rican corporation (GBT -http://gbttechnologies.com/) is a
development-stage company in the business of the strategic management of BPO
(Business Process Outsourcing) digital communications processing for
enterprises and startups; distributed ledger technology development, AI
development and fintech software development and applications.
https://aggregator.genesisexchange.io/ (Beta
Version)
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not directly relate to any historical or current fact. Actual results may
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outcomes, and results may differ materially because of more general factors
including (without limitation) general industry and market conditions and
growth rates, economic conditions, governmental and public policy changes, the
Company’s ability to raise capital on acceptable terms, if at all, the
Company’s successful development of its products and the integration into its
existing products and the commercial acceptance of the Company’s products. The
forward-looking statements included in this press release represent the
Company's views as of the date of this press release and these views could
change. However, while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically disclaims any
obligation to do so. These forward-looking statements should not be relied upon
as representing the Company's views as of any date subsequent to the date of
the press release.
Contact:
GBT Technologies
Inc. (OTCQB:GTCH) is a featured tech stock on
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