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Wednesday, November 6, 2019

#AI Stock News: GBT (OTCPINK: $GTCH) Commences Development of Graph Neural Network (GNN) Based Autonomous Machine


#AI Stock News: GBT (OTCPINK: $GTCH) Commences Development of Graph Neural Network (GNN) Based Autonomous Machine



Santa Monica, CA - November 6, 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 is now working on Graph Neural Network (GNN) based autonomous machine algorithms development, as part of the research to enhance its Avant! AI.

AI systems lend themselves to practical applications. GBT's Avant! AI is a computer hardware and software system that is able to perform tasks that normally require human intelligence; it is based on machine learning technology and is capable of being trained with a data set.

GBT is now developing a set of algorithms within Avant! that are leveraging neural nets to process a huge amount of data, specifically for autonomous machines applications. The new technology is based on a Graph Neural Network (GNN) - a type of Neural Network which directly operates on the Graph structure, modeling the dependencies between nodes in a graph and enabling advanced algorithms in a supervised manner. The data will be analyzed in multiple layers of a neural network to produce probabilities of a certain outcome. Avant! then will take the data processed from its deep learning and make ongoing decisions about responses and actions. The system's advantage is the capability to enable efficient data analysis without any manual human assistance, automatically dig deeper into insights based on what it has learned, and making conclusions in real time.


"We develop advanced AI technology to solve problems that only humans could have solved in the past" stated Danny Rittman, GBT's CTO. "Through our development projects, we are seeking to implement our deep learning technology specifically for conditions including autonomous cars. Avant! already includes advanced pattern recognition, sequence learning, and neural network graphs, and now our goal is to expand into supervised, dynamic GNN based algorithms to sharpen its learning curve and decision making.

Avant!'s new class of neural networks – the GNNs – will capture the dependence of vast amounts of nodes, each node representing a condition/situation, and will build a dependency tree in order to create reasoning models. The outcome of this development is a sophisticated AI system which is a perfect match for safe autonomous vehicles.

Besides the complex task of getting constant inputs about the vehicle and its surroundings conditions, analyzing it and making decisions in real time, we also target Avant! to become personalized to the user, learning his or her habits and life style, advising about anything from what type of coffee to buy or keeping them on schedule for an appointment."

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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Tuesday, November 5, 2019

The #AIEye: IBM (NYSE: $IBM) Extends Partnership with VMWare (NYSE: $VMW), Avnet (Nasdaq: $AVT) Enables IoT Leveraging with Azure-Powered Edge Module


The #AIEye: IBM (NYSE: $IBM) Extends Partnership with VMWare (NYSE: $VMW), Avnet (Nasdaq: $AVT) Enables IoT Leveraging with Azure-Powered Edge Module

Global #AI in Transportation Market to Reach $12.84 Billion by 2026



Point Roberts WA, Vancouver BC – November 5, 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: (NYSE:IBM) (NYSE:VMW) (NasdaqGS:AVT) (NasdaqGS:MSFT) (NYSE:NIO) (NasdaqGS:INTC)

IBM (NYSE:IBM) has extended its partnership with VMWare, Inc. (NYSE:VMW) to accelerate hybrid cloud innovation and adoption across global enterprises. Ajay Patel, senior vice president and general manager, Cloud Provider Software business unit, VMware, commented:

"We have helped thousands of large global enterprise customers migrate tens of thousands of mission-critical workloads to the cloud and operate them at scale. Once in the IBM Cloud, these customers can transform applications in ways not possible by simply running them on-prem, taking advantage of a rich set of cloud-native services for application development, AI/ML, machine learning and IoT."

Avnet, Inc. (NasdaqGS:AVT) is enabling enterprise customers to leverage IoT capabilities with its new wireless edge module, Avnet Guardian 100, powered Azure Sphere from Microsoft (NasdaqGS:MSFT). According to the press release, “Avnet Guardian 100 can be deployed in scenarios where existing connectivity falls short of enterprise-level security requirements” and allows businesses to “gain critical insights with real-time analytics and AI”.

Chinese electric vehicle company NIO Inc. (NYSE:NIO) has announced a strategic collaboration with Mobileye, a developer of vision technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving and part of Intel Corporation (NasdaqGS:INTC). The collaboration will see NIO engineer and manufacture a self-driving system designed by Mobileye. William Li, founder, chairman and chief executive officer of NIO, commented:

“At NIO, we pride ourselves on our pursuit of innovation and cutting-edge technology, which not only strengthens our product competitiveness but also shapes a joyful lifestyle for our users. We look forward to building our strategic collaboration with Mobileye in autonomous driving technology development, to further enhance the safety and capabilities of our vehicles, as we strive to be the next-generation car company and the best user enterprise.”

Global AI in Transportation Market to Reach $12.84 Billion by 2026

A report from Maximize Market Research finds that the global AI in Transportation market will grow from $2.57 billion in 2017 to $12.84 billion by 2026 with a compound annual growth rate (CAGR) of 22.28 percent in the forecast period. An excerpt from the report summary reads:

Major driving factors of the Artificial Intelligence (AI) in Transportation Market are the transportation problems are the rising system behaviour with difficult to model according to a predictable pattern, affecting by things like traffic, human errors, or accidents.

In such cases, the unpredictability can be aided by AI. Safety when traveling by transport in urban areas is improved by tracking crime data in real time. The road freight transport system is utilizing accurate prediction methods to forecast their volume using AI methods. several decision-making tools for transport are designed and run by AI. Costs of labour in this sector will continually decrease with increased use of AI, providing higher profits for industry players. Funding and Budgeting will act as a restraint to the market.

Sam Mowers, Investorideas.com


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Flying High with #Drone Stocks - from Commercial to #Military Markets (CSE: $DFLY.C) (TSXV: $FLT.V) (OTC: $TAKOF), (NASDAQ: $FLIR), (NASDAQ: $AMZN)

Flying High with #Drone Stocks - from Commercial to #Military Markets (CSE: $DFLY.C) (TSXV: $FLT.V) (OTC: $TAKOF), (NASDAQ: $FLIR), (NASDAQ: $AMZN)

Point Roberts WA, Delta BC – November 5, 2019 - Investorideas.com, a leading investor news resource covering drone and unmanned aerial vehicle (UAV) stocks releases a sector snapshot reporting on the growth in the drone technology market from commercial to military and how UAV leaders like Draganfly Inc., (CSE: DFLY) are flying high with the drone revolution.


How big is the opportunity? According to PwC's study on the commercial applications of drone technology, the emerging global market for business services using drones is valued at over $127 bn. Experts are predicting a sky full of drones for delivery services in the future as Amazon, CVS and other pharmacies ramp up their programs.

Drone stocks are being watched by astute investors, and IBD recently issued an analysis of the top drone stocks across the industry from defense to commercial, based on IBD Composite Ratings. According to the October article, “Drone stocks saw a major milestone recently. In early October, UPS (NYSE: UPS) received FAA approval to operate drones and made a delivery that marked the first revenue-generating flight that went beyond line of sight.”

New to investors following the space is Saskatoon based Draganfly Inc. (CSE: DFLY), a creator of quality, cutting-edge, unmanned vehicle systems and software. Draganfly is making its debut in public markets and commenced trading on the CSE today, November 5th, 2019. 

According to the Company, “Direct sales efforts are focused in Public Safety/Paramilitary (law enforcement & security) organizations but Draganflyers are also sold to Commercial Surveying and Commercial Mapping organizations. Additionally, we have been asked to develop products and services in Agriculture, Media and Broadcasting, Infrastructure, and Industrial applications.”

Although Draganfly is new to public markets, it has a long history in the sector.  Draganfly is a twenty year old world leader in the UAV market and brings with it a legacy of ‘firsts’ including:
·        first public safety UAV to shoot aerial photos documenting a manned aircraft accident in an urban area
·        first UAV operated by a public safety organization flown at night to locate and save a life
·        first UAV helicopter to be granted a county wide U.S. FAA COA
·        and recently named as a test platform at one of the U.S. FAA’s certified test sites
Announcing the listing, Cameron Chell, Chairman and CEO stated “Draganfly is the world’s oldest operating drone company and one of the early developers of the quadcopter. Draganfly today remains a leading drone solutions innovator and with the definitive government and industry shift to utilize North American unmanned vehicle systems and software, Draganfly is in the right place at the right time to establish itself as the cornerstone North American industry player.”

From the news: With the completion of a $7 million equity raise, the company is in a strong working capital position to execute its business plan and is well positioned to pursue further opportunities in the drone sector. The Company’s products are 100% manufactured in North America, with more than 9,000 drones sold, and with 18 patents in its portfolio and 6 more pending in the application stage, the Company has one of the most significant portfolios of intellectual property in the sector and will continue to expand its intellectual property docket.

Founded in 1998, Draganfly is recognized as one of the first commercial multi-rotor manufacturers and has a legacy for its innovation and superior customer service. Draganfly has sold products and services to over 50 countries. To date, Draganfly, has sold over 9,000 of its drones for multitudes of applications around the world. Zenon Dragan is the founder of Draganfly, and is a recognized leading expert on UAVs. Draganfly is positioning itself as an integrated solutions provider to the UAV industry.

Draganfly introduced its first systems in 1999 and has since evolved and shaped the UAV industry. The company’s aircrafts are widely used by public safety agencies worldwide and were one of the first UAVs to receive a Federal Aviation Administration (“FAA”) Certificate of Approval the fall of 2009 with the Mesa County Colorado Sheriff’s Office. In 2012, the Royal Canadian Mounted Police (“RCMP”) flew one of the company’s drones to locate and save the life of an accident victim. The RCMP system is on permanent display at the Smithsonian National Air and Space Museum.



Another relatively smaller player in the mix with some of the giants in the sector is Toronto based Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF), a drone technology company focused on the design, development and implementation of its proprietary logistics software platform using drones. 

The Company recently announced that with the assistance of its sales agent, Air Canada, DDC has entered into a commercial agreement dated October 28, 2019 with the Edmonton Regional Airports Authority ("ERAA"), operating Edmonton International Airport ("EIA") and Villeneuve Airport  for the purpose of establishing the world's first airport drone delivery hub, at Edmonton International Airport using DDC's proprietary drone delivery platform.

DDC and ERAA will build out flight routes from EIA using DDC's DroneSpot takeoff and landing zones utilizing DDC's drone flight infrastructure. Leveraging ERAA's expertise in airport operations, DDC and ERAA will implement, promote and market DDC's drone delivery services in this controlled airspace to a multitude of new and existing customers. All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations and shall be subject to DDC obtaining all required regulatory approvals.

"With ERAA, we will develop a drone logistics network centered at this world-class airport as a hub for numerous drone routes for our customers. We will continue to work with ERAA and Transport Canada to define particular routes, and with ERAA and Air Canada to negotiate revenue metrics and other commercial terms, to be announced in future press releases. Given the potential size and scope of this disruptive offering, revenue outlook could be significant while concurrently bringing tremendous logistical benefits to the region", said Michael Zahra, President & CEO of DDC.  "To all our stakeholders, I am pleased to report that we will be working closely with EIA to further our current expertise in operating at a major airport in controlled airspace to monetize similar opportunities globally."

The initial term of the agreement is five years with additional successive one-year terms to follow unless the Agreement is formally terminated.

"EIA is proud to partner with industry leader DDC to establish Canada's first airport drone delivery site and drastically modernize cargo logistics and supply chain solutions. Together with our long-standing partnership with Air Canada, we look forward to expanding DDC's network of customers at EIA's Airport City, the Edmonton Metropolitan Region, and other strategic partners. DDC's DroneSpot at EIA elevates intermodal connectivity to support the growing E-Commerce, Pharmaceuticals, Courier and Oil & Gas sectors. Thanks to our partners like NAV Canada and Transport Canada, our airport is leading in embracing innovation," said Myron Keehn, EIA VP of Air Service and Commercial Development.

FLIR Systems, Inc. (NASDAQ: FLIR), a world leader in the design, manufacture, and marketing of intelligent sensing technologies, recently announced their financial results for the third quarter ended September 30, 2019.

Third quarter 2019 revenue was $471.2 million, 8.4% higher than third quarter 2018 revenue of $434.9 million. Organic revenue growth was 2.5%, which excludes revenue from acquisitions within the last twelve months. Third quarter total bookings increased 13.0% from the third quarter of 2018 to $495.3 million, driven primarily by a contract with a prime defense manufacturer in the Industrial Business Unit, along with numerous smart city and industrial wins in the Commercial and Industrial Business Units. At the end of the third quarter total 12-month current backlog stood at $668 million, an increase of 13.0% compared to the balance at the end of the third quarter 2018. Similarly, total backlog at the end of the third quarter increased 16.7% to $810 million over the same period.

The Commercial Business Unit revenues totaled $81.3 million, down 5.3% from the prior year. Revenues were adversely affected by foreign exchange effects as well as lower customer demand in the Maritime business primarily related to macroeconomic conditions.
Partially offsetting this decline was strong growth in the Intelligent Transportation Systems (ITS) business. Third quarter operating income of $7.6 million and operating margin of 9.3% decreased 27.5% and 286 basis points year-over-year, respectively. This decrease was primarily driven by revenue declines in the Maritime and Outdoor and Tactical Systems (OTS) businesses due to weaker end-markets impacted by geopolitical and macroeconomic factors, as well as the impact from foreign currency exchange and U.S. import tariffs.

Commenting on FLIR’s third quarter results, Jim Cannon, President and Chief Executive Officer said, “Overall, FLIR’s third quarter results were somewhat mixed. I am pleased with the performance of the Government & Defense Business Unit, which delivered franchise program awards, solid organic revenue growth augmented by recent successful acquisitions, as well as improving organic operating margins. We also continue to build momentum in the Industrial Business Unit which generated strong bookings in the quarter along with expanding operating margins. However, several product lines within our Commercial Business Unit continue to face headwinds and some key end-markets served by the Commercial Business Unit were negatively impacted by geopolitical and macroeconomic factors. While consolidated earnings were in-line with our expectations and cash flow from operations was very strong, I am not satisfied with FLIR’s third quarter revenue performance.”

Mr. Cannon continued, “Based on our year-to-date results and outlook for the fourth quarter, we are slightly reducing full-year revenue expectations. However, year-to-date total bookings are up 13.5% and total backlog is up 16.7% from a year ago, bolstered by important franchise program wins, providing us with a long runway for growth. We remain very confident in our long term strategy and continue to believe that FLIR is poised to deliver profitable growth in the quarters and years ahead.”

Amazon.com, Inc. (NASDAQ: AMZN), who recently announced their financial results for third quarter ended September 30, 2019, is becoming a potentially game changing player in the drone and delivery market.

 “We are ramping up to make our 25th holiday season the best ever for Prime customers — with millions of products available for free one-day delivery,” said Amazon CEO, Jeff Bezos in a statement. “Customers love the transition of Prime from two days to one day — they’ve already ordered billions of items with free one-day delivery this year. It’s a big investment, and it’s the right long-term decision for customers. And although it’s counterintuitive, the fastest delivery speeds generate the least carbon emissions because these products ship from fulfillment centers very close to the customer — it simply becomes impractical to use air or long ground routes. Huge thanks to all the teams helping deliver for customers this holiday.”

A recent news article discussed Amazon’s evolving drone/delivery plans stating, “The company announced earlier this year that it would start testing a shift from Prime two-day shipping to one-day shippingThat’s on top of its existing services like Prime Now, which offers same-day shipping of certain products in certain markets, and Whole Foods grocery deliveryamong many others spanning food and household item delivery. The company has also been aggressively building out its contract delivery service, Amazon Flex, and even started exploring robotic ground deliveryDrones for package delivery by air are also still in the works.”

More and more consumers and businesses are becoming reliant on the unmanned vehicles sector for their delivery needs and as drone software and technology continues to improve and drop in cost, their seems to be little slowing for this segment. Just like the UPS delivery, the opportunities for the sector potentially are “beyond the line of sight.” 

For a list of drone stocks and other defense stocks visit Investorideas.com directory



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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Monday, November 4, 2019

The #AIEye: Microsoft (Nasdaq: $MSFT) Rebrands ‘Flow’ as ‘Power Automate’ with Additional Capabilities and HPE (NYSE: $HPE) Combines Offering to Allow Cloud Advances


The #AIEye: Microsoft (Nasdaq: $MSFT) Rebrands ‘Flow’ as ‘Power Automate’ with Additional Capabilities and HPE (NYSE: $HPE) Combines Offering to Allow Cloud Advances

Industrial Automation Market to Hit $296.7 Billion by 2026



Point Roberts WA, Vancouver BC – November 4, 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:MSFT) (NYSE:HPE)

Microsoft (NasdaqGS:MSFT) has rebranded its workflow automation software Flow as Power Automate, with additional robotic process automation (RPA) capabilities and virtual agents, according to VentureBeat. Charles Lamanna, CVP at Microsoft, told VentureBeat:

“You’ll be able to create a chatbot that can work inside of Teams, in a Facebook Group, [and] text message, as well as in a little control that you can embed in your application. You’ll be able to build entire experiences by clicking and dragging and dropping, without having to write any code.”

Microsoft has also partnered with FortressIQ, leveraging the latter’s computer vision, machine learning, and AI-powered platform that “will deliver the ability to programmatically create a flow or UI flow directly from within their service”. Pankaj Chowdhry, CEO and Founder, FortressIQ, commented:

“Microsoft’s RPA offering is a game-changer. We’re thrilled to be partnering with Microsoft to combine RPA and Power Automate with Fortress IQ’s AI-powered Process Discovery platform to significantly accelerate the path to and multiply the impact from automation.”

Hewlett Packard Enterprise Company (NYSE:HPE) has announced combined intelligence and composability offerings through the integration of its “artificial intelligence (AI) and machine learning-driven HPE Primera storage platform with the composability in HPE Synergy and HPE Composable Rack. According to the press release, this development will enable “customers to deliver services on an intelligent cloud platform, offering the flexibility to support any application and service level agreement (SLA) with cloud-like agility, extreme resiliency, and seamless scalability”. Mat Mathews, VP and GM, Composable Networking, HPE, said:

“Customers want more than table stakes software-driven automation, and only HPE offers the combination of software- and intelligence-driven automation in a composable solution, transforming on-premises infrastructure to be more cloudlike.”

Industrial Automation Market to Hit $296.7 Billion by 2026

A report from Fortune Business Insights finds that the global Industrial Automation market will grow from $157.05 billion in 2018 to $296.70 billion by 2026 with a compound annual growth rate (CAGR) of 8.4 percent in the forecast period. The report identifies AI and Industry 4.0 as a key driver in the market. An excerpt reads:

The increasing adoption of technologies such as industrial 4.0, artificial intelligence (AI) based smart robots, IoT, and others, helps to reduce the manufacturing cost and offer enhanced quality and reliability to the product. These factors are very important for companies to withstand a leading position in the competitive market. Key players are focused on mergers and collaboration to discover new opportunities by adopting IoT technologies.

Sam Mowers, Investorideas.com


For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

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 .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

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