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Thursday, October 24, 2019

#AI #Stock News: GBT (OTCPINK: $GTCH) Adding Cognitive Features within its Expert Agent


#AI #Stock News: GBT (OTCPINK: $GTCH) Adding Cognitive Features within its Expert Agent



Santa Monica, CA - October 24, 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 and its Avant! AI, for both mobile and fixed solutions, announced that it is now adding the first elements of cognitive features within its AI expert agent.

The agent now includes feedback features, i.e. “thumbs up” and “thumbs down”, that work with the artificial neural network mechanism to learn and improve answers' accuracy and their relationship to the topic. The user feedback is fed into the Avant! RNN (Recurrent Neural Network), which synthesizes data from various information sources, weighing and comparing the feedback to the answer context to provide the best, most accurate answers.

The system includes self-learning technology or “data mining” that is structured in a very similar to the way the human brain works. Over time, the Avant! cognitive system will refine relevant answers, define answers' relationships and patterns, and provide higher accuracy.
The system is adaptive and digests dynamic data in real time, making adjustments as the data and environment change. The system is based on understanding an answer's context and incorporating the user feedback as a part of the chain of interactions.


The Avant! intelligent agent is already available to the public and is used as an expert agent for GBT's web site, providing information about GBT Technologies. The agent's new version is now officially released on: avant-ai.net.

"We are excited to implement feedback cognitive feature for our AI system. The new feature is based on adaptiveness, self-learning, context understanding and human interaction," said Danny Rittman, GBT CTO. "When users interact with Avant! on a particular topic, their feedback is going through diagnostics and observation along with the topic's meaning and semantics. Based on user feedback it generates hypotheses, reasoned arguments and recommendations about more complex, meaningful, topic-related information. In this way the system learns from each feedback, using this knowledge to ensure more accurate, relevant answers/recommendations to future questions."

As structured and unstructured data grows exponentially, the Avant! cognitive system will be able to efficiently process vast amounts of data to provide accurate information while taking into account user feedback. Its cognitive feedback algorithms will adapt and ingest the data to make sense of data complexity and unpredictability.

The new system will be particularly important for applications which will require high level of informational interpretation, organization and accuracy. The system weighs information, based on user feedback, compares them to multiple sources, and to reason, and then offer hypotheses for consideration. The Avant! cognitive system assigns a confidence level to each potential insight or answer. This is crucial when it comes to significant applications that affect our lives, for example in the field of medical consultation.

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.

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, 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:
Dr. Danny Rittman, CTO
GBT Technologies Inc.
Media:
press@gopherprotocol.com

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Investorideas.com - Sector Snapshot of Mobile Banking and E-Payment Growth in Indonesia: (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU)

Investorideas.com - Sector Snapshot of Mobile Banking and E-Payment Growth in Indonesia: (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU)

Wednesday, October 23, 2019

The #AIEye: NVIDIA (Nasdaq: $NVDA) and Microsoft (Nasdaq: $MSFT) Announce #Tech Collaboration, Nuance (NASDAQ: $NUAN) to Demo Dragon Law Enforcement



The #AIEye: NVIDIA (Nasdaq: $NVDA) and Microsoft (Nasdaq: $MSFT) Announce #Tech Collaboration, Nuance (NASDAQ: $NUAN) to Demo Dragon Law Enforcement

Global Machine Learning Market to Reach $20.83 Billion USD by 2024



Point Roberts WA, Vancouver BC – October 23, 2019  – Investorideas.com (www.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.

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

Stocks discussed: (NasdaqGS:NVDA) (NasdaqGS:MSFT) (NasdaqGS:NUAN) (NasdaqGS:LOGM)

NVIDIA Corporation (NasdaqGS:NVDA) has announced a technology collaboration with Microsoft (NasdaqGS:MSFT). Focussed on the integration of Microsoft Azure and NVIDIA EGX to advance edge-to-cloud AI computing capabilities. Jensen Huang, founder and CEO of NVIDIA, explained:

“The age of intelligent edge computing has arrived. The world’s largest industries want to have AI computing at the edge, to extract insight from continuous streams of data, and to sense, reason and act at the point of action. In time, this will be the largest-scale computing ever created, connecting trillions of smart sensors. NVIDIA’s and Microsoft’s platforms dovetail to offer customers an end-to-end solution from edge to cloud.”

Nuance Communications, Inc. (NasdaqGS:NUAN) is set to demonstrate Dragon Law Enforcement, its speech recognition solution tailored for the public safety sector at the International Association of Chiefs of Police (IACP) conference in Chicago, Illinois. According to the press release, the technology helps officers “modernize incident reporting, gain tremendous time savings, and improve safety conditions”. Mark Geremia, vice president and general manager of Dragon Professional and Consumer Solutions, Nuance, commented:

“The momentum we’re experiencing in the market stems from a strong collaboration with our law enforcement partners to build technology that understands their challenges and the opportunities for improvement. We’re privileged to offer our law enforcement customers across the nation a solution that helps them do their jobs more effectively and plays a significant role in improving the welfare of officers and the neighborhoods they serve.”

LogMeIn, Inc. (NasdaqGS:LOGM) has announced the launch of Bold360 Helpdesk which leverages AI-powered chatbots to modernize employee support. Ryan Lester, Senior Director, Customer Engagement Technologies, LogMeIn, commented:

“Finding your company’s guest Wi-Fi password shouldn’t be like finding a needle in a haystack, but the average employee spends nearly a third of their day searching for information via cumbersome, and often outdated, internal systems. Employees don’t want to work with these difficult systems that lead to old or missing content, more frustration and waning productivity. It can feel like a never-ending cycle; but with Bold360 Helpdesk, we’re breaking that cycle to enable employees to work in a way that’s convenient for them and makes it easier to find what they need, so they can spend more time focusing on their core work.”


Global Machine Learning Market to Reach $20.83 Billion USD by 2024

A report from Zion Market Research finds that the global machine learning market is projected to reach $20.83 billion USD by 2024 with a compound annual growth rate (CAGR) of 44.06 percent in the forecast period 2017-2024. The following excerpts from the report analysis read:

Machine Learning aids in the continuous advancement of computing with exposure to new adaptation, testing, and scenario. It is an application of artificial intelligence that equips the system with the ability of self-learning and improving from experience without being explicitly programmed. Some common machine learning methods are supervised machine learning algorithms, unsupervised machine learning algorithms, semi-supervised machine learning algorithms, and reinforcement machine learning algorithms.

The introduction of machine learning has transformed many industries which holds the benefits such as smart manufacturing, predictive maintenance, autonomous vehicles and interactive machines in production, optimized energy management for climate and energy change, quality control or test automation, and more.

Sam Mowers, Investorideas.com

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#FinTech Growth in #Indonesia - How Gojek and (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU) are Winning


#FinTech Growth in #Indonesia - How Gojek and (OTCQX: $WEYL) (NYSE: $BABA) (NASDAQ: $GOOGL) (LSE: BOKU) are Winning  

Point Roberts WA, Delta, BC – October 23, 2019 - Investorideas.com, a leading investor news resource covering tech and mobile payment stocks releases a snapshot reporting on the rapid growth of Fintech solutions in Indonesia and how unicorn companies like Gojek and emerging players like Weyland Tech, Inc. (OTCQX: WEYL) are benefiting.


According to one recent report, “Indonesia’s fintech industry is in the midst of a period of significant growth. P2P lending recorded a triple-digit increase in 2018, while e-payment services have grown more than six-fold since 2012, prompting a surge of new foreign investment into a vibrant and increasingly diverse start-up community.”

A recent article from FinTechNews reported on the growth of the Fintech industry in Indonesia, with specific focus on one of the major players in the industry, the private company Gojek.

“Jakarta, Indonesia, is home to Gojek, one of Southeast Asia’s leading on-demand multi-service platform and digital payment technology group. Gojek is the first Indonesian unicorn company, and also the first “decacorn” company in Indonesia that’s worth more than US$10 billion. Gojek operates Indonesia’s fourth biggest e-wallet service Go-Pay, and from its headquarters in Jakarta, has expanded across the region to markets including Vietnam, Thailand, Singapore and the Philippines.”

Weyland Tech, Inc. (OTCQX: WEYL) is also aiming to seize a part of this giant opportunity. Weyland is a growing global provider of m-Commerce and fintech business enablement solutions with its CreateApp™ Platform-as-a-Service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia, They  recently reported selected preliminary unaudited financial results for the third quarter and nine months ended September 30, 2019.

The company's subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world's fourth most populous country. AtozGo is a fast-growing short-distance food delivery service in Jakarta, Indonesia.

For the third quarter 2019, the company expects record revenue of approximately $9.0 million, which would represent an increase of 6.6% compared to the third quarter of 2018. For the first nine months of 2019, the company expects record revenue of approximately $24.6 million, which would represent an increase of 42.6% versus the same year-ago period. The company also expects to turn adjusted EBITDA positive in the third quarter.
                   
"These anticipated record results reflect the accelerating growth in our recurring revenue from CreateApp subscription fees," said Brent Suen, CEO of Weyland Tech. "While we expect to generate positive adjusted EBITDA in the third quarter, we plan to continue to reinvest in efforts designed to gain customers and market share."
                   
"The growth in recurring revenue was largely due to greater adoption of CreateApp by SMBs in our existing markets as driven by our highly-productive channel partners," continued Suen. "The increased adoption included new customers as well as existing customers subscribing to additional features and modules. This momentum has continued into the fourth quarter, keeping us on track for another year of record growth."
                   
Offered in 14 languages with more than 70 integrated modules, Weyland enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

Gojek was most recently in the news as Gojek CEO and co-Founder, Nadiem Makarim announced on Monday that he had resigned to join Indonesia’s new cabinet. The ride-hailing and payments company said two senior executives would jointly take over running operations of the $10 billion firm.

“We will make an announcement on what this news means for Gojek within the next few days,” the Company said, referring to Makarim, who has been the face of the tech startup.

The Indonesian company, valued at $10 billion, raised over $1 billion earlier this year from backers including Alphabet’s Google (NASDAQ: GOOG) (NASDAQ: GOOGL) and Chinese tech giants Tencent and JD.

Google, which has invested $500 million in Gojek, declined to comment on Makarim’s departure, while Tencent and JD did not immediately respond to requests for comment.

Boku Inc (LSE: BOKU), also recently announced a partnership with GoPay, the digital payments platform of Gojek, the largest on-demand multi-service provider in Southeast Asia. Today, GoPay is the largest consumer digital payments platform in Indonesia, processing about 50% of transactions made on the Gojek platform.

Through the partnership, Boku’s merchant customers in Indonesia will be able to introduce GoPay as an additional payment method, enabling ease of payments for a greater pool of end-users. The partnership reflects the growing popularity of e-wallets as the primary payment mechanism for multiple use cases like transportation, recurring entertainment subscriptions, and in-app and in-game micro-purchases.

“Boku’s mission is to make mobile transactions more simple and this partnership with GoPay is a big step towards accomplishing that mission,” said Jon Prideaux, CEO of Boku Inc. “We look forward to continuing our collaboration with GoPay to bring cashless payments to more consumers in Indonesia and to bring greater customer acquisition to global businesses operating in Indonesia.”

“As Indonesia continues to move towards digital payments and embraces a mobile-first society, GoPay and Boku share the same vision of providing convenience and greater opportunities to both consumers and businesses,” said Timothius Martin, SVP Digital Product, GoPay. “With Boku’s leading network of global merchants, we can immediately help traditionally underserved Indonesian consumers participate in the global digital economy.”

Ant Financial, an affiliate company of Alibaba Holdings Group Limited (NYSE: BABA) is looking outside of Gojek, having recently given $40 million in funding to Akulaku, a Fintech lending company.

The funding gives Akulaku, which does most of its business in Indonesia but recently expanded into Vietnam and the Philippines, a $450 million valuation, according to Deal Street Asia. Just a few days earlier, the outlet cited anonymous sources who said the startup was planning to raise $100 million in a Series D funding round.

The Jakarta-based company raised $70-million in a Series C round over three months ago, led by Chinese financial technology company FinUp with participation from Sequoia India, Australia’s Blue Sky and Qiming Venture Partners. A Series A round of funding took place in early 2016, raising $5 million led by DCM Ventures, followed by another $30 million from Qiming, Legend Capital, Shunwei Capital, and existing shareholders, including IDG, Arbor Ventures, DCM, Arbor Venture Fund, and Wecapital.

“Ant Financial, from day one, we are positioned as a tech company. But previously we just wanted to make sure we are really using the tech to be innovative, to create examples, to redefine financial services that people can feel, can touch,” Ant Financial Chief Executive, Eric Jing said back in November.

As we continue to see this trend of big tech companies willing to invest such large sums into this expanding market, Indonesia looks to remain a hub for the Fintech industry moving forward, for both large scale investors and startups looking to expand the revenue models and get in early on this rapidly growing market.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns: Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining, the AI Eye .

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AI News: VSBLTY Groupe Technologies (CSE: VSBY) (OTC: VSBGF) Announces Closing of Third And Final Tranche of Brokered Private Placement Led by Echelon Wealth Partners


AI News: VSBLTY Groupe Technologies (CSE: VSBY) (OTC: VSBGF) Announces Closing of Third And Final Tranche of Brokered Private Placement Led by Echelon Wealth Partners

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


Philadelphia, PA - October 23, 2019 (Investorideas.com Newswire) Further to its news releases on August 13, 2019, August 29, 2019 and September 20, VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY") (CSE: VSBY) (5VS.F) (VSBGF) is pleased to announce that it has closed the third and final tranche of its private placement (the "Offering") of $1,000 principal amount 10% convertible unsecured debentures (the "Debentures") for gross proceeds $1,062,740, of which $448,000 were raised from the brokered portion of the Offering (the "Brokered Offering") and $614,740 gross proceeds were raised from the non-brokered portion of the Offering (the "Non-Brokered Offering").
Echelon Wealth Partners Inc. (the "Agent") acted as lead agent and sole bookrunner for the Brokered Offering.


To date, the Company has raised $4,084,860 pursuant to the Offering.

The Debentures will bear interest from October 22, 2019 (the "Closing Date") at a rate of 10% per annum on an accrual basis, calculated and payable semi-annually, and will mature on October 22, 2021 (the "Maturity Date").

The principal amount of the Debentures may be convertible, in whole or in part, at any time before the Maturity Date, into units of the Company (each, a "Unit") at $0.35 per Unit, if converted at any time before one year after the Closing Date (amended from the previously-disclosed conversion price of $0.45 per Unit), or otherwise convertible at $0.60 per Unit if converted after one year after the Closing Date but before the Maturity Date.

Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of a Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable into one Share (each a, "Warrant Share") at a price of $0.60 per Warrant Share for a period of 24 months from the Closing Date, subject to acceleration. The Company may exercise its warrant acceleration right, if on any ten consecutive trading days, beginning on the date that is four months and one day following the Closing Date, the closing price of the Company's Shares on the CSE is greater than $1.00 per Share. If the Company exercises its warrant acceleration right, the new expiry date of the Warrants will be the 30th day following the notice of such exercise.

The Company paid a cash commission to the Agent of $33,440, a finance fee of 38,400 Shares and issued 95,543 non-transferable broker warrants (the "Broker Warrants"). To date, the Company has paid cash commissions to the Agent of $261,920, corporate finance fees of 283,199 Shares and issued 748,342 Broker Warrants pursuant to the Offering. Each Broker Warrant entitles the Agent to purchase one Share at the price of $0.35 per Share for a period of 24 months from the Closing Date.

The net proceeds from the Offering will be used for acquisitions and general and corporate working capital purposes.

The securities issued in the Brokered Offering and Non-Brokered Offering are subject to a statutory four month and one day hold period, which expires on February 23, 2020.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or "U.S. Persons", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

On Behalf of the Board of VSBLTY Groupe Technologies Inc.
"Jay Hutton"
CEO & Director

CONTACT:
Linda Rosanio, 609-472-0877
lrosanio@vsblty.net

About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE:VSBY) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS- based audience measurement and security software that uses artificial intelligence and machine learning.

FORWARD LOOKING STATEMENT
This news release contains forward-looking statements, including statements regarding the Offering and the future price of the Shares on the Canadian Securities Exchange, and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, and which are described in the Company's public filings available under its profile at www.sedar.com. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company does not intend to update any of the included forward-looking statements except as required by Canadian securities laws.

LINDA ROSANIO
VSBLTY, INC
609-472-0877
LROSANIO@VSBLTY.NE

VSBLTY Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on Investorideas.com


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: VSBLTY is a paid PR, news and social media client on Investorideas.com as of March 1, 2019  https://www.investorideas.com/About/Disclaimer.asp
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