The #AIEye: GBT (OTCPINK: $GTCH) Receives Updates on 2 Patents, IBM (NYSE: $IBM) Ranked #1 by IDC for #AI Market Share, NVIDIA (Nasdaq: $NVDA) Leveraged by Didi Chuxing for Autonomous Driving and Cloud Computing

The #AIEye: GBT (OTCPINK: $GTCH) Receives Updates on 2 Patents, IBM (NYSE: $IBM) Ranked #1 by IDC for #AI Market Share, NVIDIA (Nasdaq: $NVDA) Leveraged by Didi Chuxing for Autonomous Driving and Cloud Computing

Global Healthcare Virtual Assistants Market to Reach $1.76 Billion by 2025

Point Roberts WA, Vancouver BC – December 19, 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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Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM) (NasdaqGS:NVDA)

GBT Technologies Inc. (OTCPINK:GTCH) has received notice revealing two patent updates. The firm’s communication microchip patent will be granted on December 31, 2019, and the second patent of Guardian Patch Tracking Device (the Continuation Patch Tracking Device Patent), which protects a broader scope of the invention, received its final allowance and the Company expects it will be granted in February or March 2020. GBT’s CTO Danny Rittman explained:

"These two patents are an essential part of our technological IP within the communication/microchip fields and we are pleased to see them in their final approval stages. The communication microchip patent will be granted on December 31, 2019 and protects a wide variety of technological concepts and methodologies implemented within an IC (Integrated Circuit). This microchip technology opens a whole world of business opportunities through licensing to IC design firms. The new capabilities offered with this invention [are] expected to enable [the] design of high performance, low power, robust microchips that enhance our daily lives within [a] wide variety of domains. We will file for a continuation patent in order to protect [the] broader scope of the invention."

IBM (NYSE:IBM) has been ranked number one in global AI market share by revenue by the IDC (International Data Corporation). The company attributes this success to its Data Science Elite Team which, to date, “has grown to almost 100 data scientists around the world and has been deployed on more than 130 Artificial Intelligence, Data Science and Machine Learning projects, advancing the journey to AI for global customers”. Seth Dobrin, Vice President, IBM Data and AI, and CDO IBM Cloud and Cognitive Software, commented:

"Companies come to us because they know they need an AI plan, but they often don't know where to start. Today, the Elite Team has become a key plank of IBM's AI strategy to help companies overcome the pitfalls of AI through innovative technologies and our dedicated Elite Team of data scientists."

Mobile transportation company Didi Chuxing is leveraging GPUs and AI technology from NVIDIA Corporation (NasdaqGS:NVDA) to develop autonomous driving and cloud computing solutions. According to the press release, Didi will specifically “use NVIDIA® GPUs in the data center for training machine learning algorithms and NVIDIA DRIVE™ for inference on its Level 4 autonomous driving vehicles”. Rishi Dhall, vice president of Autonomous Vehicles at NVIDIA, commented:

“Developing safe autonomous vehicles requires end-to-end AI, in the cloud and in the car. NVIDIA AI will enable DiDi to develop safer, more efficient transportation systems and deliver a broad range of cloud services.”

Global Healthcare Virtual Assistants Market to Reach $1.76 Billion by 2025

A report from Research and Markets finds that the global Healthcare Virtual Assistants market will reach $1.76 billion by 2025, exhibiting a compound annual growth rate (CAGR) of 24.7 percent in the forecast period. An excerpt from the report description reads:

The factors such as increasing adoption of IoT, growing internet connectivity and smartphone devices, increasing focus on patient engagement, shortage of healthcare professionals, and increasing burden of lifestyle diseases, and need of reducing healthcare costs are the major factors driving the growth of the healthcare virtual assistants market. However, lack of awareness among healthcare professionals and data privacy and security awareness may hamper the growth of the market to a certain extent.

Sam Mowers, Investorideas.com

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#AI #Stock News: GBT (OTCPINK: $GTCH) Announces 2 New Patent Updates

#AI #Stock News: GBT (OTCPINK: $GTCH) Announces 2 New Patent Updates

GBT's Communication Patent Expected to be Granted on December 31, 2019

GBT's Continuation Patch Tracking Device Received an Allowance and is Expected to be Granted during Q1 2020

SAN DIEGO - December 19, 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 the Company received a notice that GBT's communication microchip patent will be granted on December 31, 2019.

The second patent of Guardian Patch Tracking Device (the Continuation Patch Tracking Device Patent), which protects a broader scope of the invention, received its final allowance and the Company expects it will be granted in February or March 2020.

Read this news in full at https://www.investorideas.com/CO/GOPH/news/2019/12191NewPatentUpdates.asp

GBT's communication microchip, "GopherInsight™" protects innovative integrated circuit technology that is targeted to be installed on IoT/mobile devices. The microchip is designed to create a private, secured network for sharing information, automatically adapting to the device's usage patterns. The system when implemented will be self-learning and self-evolving according to power consumption, data transfer, communications priority and network performance. GopherInsight's Integrated Circuit (IC) connects with other GopherInsight ICs that are installed on other IoT/mobile devices worldwide, operating on its own private network, providing additional advanced features. The circuits and its associated systems have communications characteristics that are self-aware and self-adjust in real-time.

The comprehensive patent covers new concepts and methodologies that are applicable to several communications domains, among them mobile parallel processing, network database management, radio-based private secured communications networks, airplane mode and more. The microchip can be implemented on a device's main circuit board or on a micro SIM Card which opens a whole world of business possibilities. It also may be implemented as an integrated IP (Intellectual Property) unit on an existing Integrated Circuit. The patent will be registered as a U.S. Patent No. 10,521,614 on December 31, 2019.

The continuation application of the Guardian Patch patent protects enhancements and updates in order to maintain the technology's position as the world leader in this domain. The Guardian Patch is a communications device that is self-adhesive and can be attached onto any object in order to track it anywhere on earth. The Guardian Patch can track the object's information in real-time, at any location in the world, be it indoors, outdoors, underwater or underground. The system can establish a location completely passively using its own radio technology. It could track exactly how many miles an object has moved, cities/towns visited, velocity of travel, how long the object was at a specific location, altitude and temperature as well as the object's current movement in real-time. The system includes its own power source that is expected to last one year. The Company expects this second Guardian Patch patent to be granted in the United States in February or March 2020. An international continuation has been filed and in process.

"These two patents are an essential part of our technological IP within the communication/microchip fields and we are pleased to see them in their final approval stages," stated Danny Rittman, GBT's CTO. "The communication microchip patent will be granted on December 31, 2019 and protects a wide variety of technological concepts and methodologies implemented within an IC (Integrated Circuit). This microchip technology opens a whole world of business opportunities through licensing to IC design firms. The new capabilities offered with this invention is expected to enable design of high performance, low power, robust microchips that enhance our daily lives within wide variety of domains. We will file for a continuation patent in order to protect broader scope of the invention."

"The Guardian Patch tracking device, which is the second patent in this release, protects a technology that is targeted for civilian use as well as for military/security applications. The broader continuation patent enhances the Patch tracking device features especially regarding its operating network, starting modes, SOS and other emergency features. The system enables a whole new definition of ‘real-time GEO location information and analytics'. Our technology is under constant ongoing research and development which require enhanced systems/methods protection broadening, in order to keep our position as one of the world's foremost innovators in these domains. That's is why we are making sure that our patents immediately move into continuation process after being granted. It will protect our ongoing intellectual property development in the US and internationally."

About GBT Technologies Inc.

GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”) (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.  GBT has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software.  GBT’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. GBT 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.

https://www.avant-ai.net

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://aggregatorv2.genesisexchange.io (New Beta Version)

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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The #AIEye: NVIDIA (Nasdaq: $NVDA) Introduces TensorRT 7, Provides Access to Deep Neural Networks for Autonomous Vehicles, Baidu (Nasdaq: $BIDU) and Samsung Ready for #AI-Chip Production in 2020

The #AIEye: NVIDIA (Nasdaq: $NVDA) Introduces TensorRT 7, Provides Access to Deep Neural Networks for Autonomous Vehicles, Baidu (Nasdaq: $BIDU) and Samsung Ready for #AI-Chip Production in 2020

Global AI Chip Market to Grow $36.6 Billion from 2019-2023

Point Roberts WA, Vancouver BC – December 18, 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:BIDU) (KSE:005930)

NVIDIA Corporation (NasdaqGS:NVDA) today introduced the TensorRT 7, which is “the seventh generation of the company’s inference software development kit” to deliver conversational AI applications. NVIDIA founder and CEO Jensen Huang, explained:

“We have entered a new chapter in AI, where machines are capable of understanding human language in real time. TensorRT 7 helps make this possible, providing developers everywhere with the tools to build and deploy faster, smarter conversational AI services that allow more natural human-to-AI interaction.”

The company also announced that it will provide the transportation industry with access to its NVIDIA DRIVE deep neural networks (DNNs) for autonomous vehicle development on the NVIDIA GPU Cloud (NGC) container registry. Huang said:

“The AI autonomous vehicle is a software-defined vehicle required to operate around the world on a wide variety of datasets. By providing AV developers access to our DNNs and the advanced learning tools to optimize them for multiple datasets, we’re enabling shared learning across companies and countries, while maintaining data ownership and privacy. Ultimately, we are accelerating the reality of global autonomous vehicles.”

Baidu, Inc. (NasdaqGS:BIDU) and Samsung Electronics (KSE:005930) revealed that the former’s first cloud-to-edge AI accelerator, Baidu KUNLUN, has completed its development and will be mass-produced in early 2020. The KUNLUN is manufactured on Samsung's 14nm process technology. OuYang Jian, Distinguished Architect of Baidu, commented:

"We are excited to lead the HPC industry together with Samsung Foundry. Baidu KUNLUN is a very challenging project since it requires not only [a] high level of reliability and performance at the same time, but is also a compilation of the most advanced technologies in the semiconductor industry. Thanks to Samsung's state of the art process technologies and competent foundry services, we were able to meet and surpass our goal to offer superior AI user experience."

Global AI Chip Market to Grow $36.6 Billion from 2019-2023

A report from Technavio finds that the global AI Chips market will grow $36.6 billion from 2019 to 2023 and in that forecast period will witness a compound annual growth rate (CAGR) of roughly 39 percent. An excerpt from the report snapshot reads:

Most of the online services of companies are run with the help of data centers. These data centers contain thousands of servers which operate with the help of a chip called CPU. The growth of the AI market has led companies to offer CPUs with additional processors that form deep neural networks. These neural networks require more power than ordinary CPUs to analyze huge amounts of data for learning and performing a task. Thus, the improvement of efficiency and reduction of power consumption is necessary for data centers which process large amounts of data. The use of AI technology allows data center providers to achieve better energy efficiency, server optimization, infrastructure management, and security.

Sam Mowers, Investorideas.com

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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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Investorideas.com - Security Stock Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) and LA MLS Team to use PATSCAN Platform to Enhance Stadium Security; @patriot1tech

Investorideas.com - Security Stock Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) and LA MLS Team to use PATSCAN Platform to Enhance Stadium Security; @patriot1tech

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Signs Definitive Agreement to Acquire Push Interactive's U.S. #eCommerce Platform for $25 Million

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Signs Definitive Agreement to Acquire Push Interactive's U.S. #eCommerce Platform for $25 Million

NEW YORK - December 18, 2019 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of mCommerce and fintech business enablement solutions, has signed a definitive agreement to acquire the assets and operations of privately-held Push Holdings, a subsidiary of ConversionPoint Technologies (CPT), for $25 million in an all-stock transaction.

This definitive agreement follows the earlier announcement of Weyland's plans to acquire Push in order to support the launch of its CreateApp mCommerce and mobile fintech solutions in North America, as well as to introduce additional eCommerce products and services globally.

Read this news in full at https://www.investorideas.com/CO/WEYL/news/2019/12181US-eCommercePlatform.asp

Consideration for the transaction is comprised of 35,714,285 shares of Weyland Tech common stock priced at a premium to the current market valuation. Of the total consideration, 28,571,428 shares are payable to CPT upon closing, with the balance of 7,142,857 shares payable subject to the achievement of certain performance milestones and other criteria. The acquisition includes approximately $1.5 million in cash on Push's balance sheet to support the transition and integration, as well as the launch of CreateApp in the U.S.

Weyland expects to close the acquisition in early January and that it will be accretive to earnings in the first full quarter as part of Weyland. Push's additional revenue streams, synergistic product offerings, and support of the CreateApp U.S. market launch are expected to help drive more than 100% top-line growth in 2020. Weyland recently reported trailing 12-month recurring revenues of more than $32 million.

The acquired assets and operations of Push Holdings are primarily comprised of the eCommerce technology company, Push Interactive, with 20 full-time employees headquartered in Minneapolis, Minn. The Push Interactive direct-to-consumer eCommerce platform provides an end-to-end solution for SMBs and major brands to dramatically increase online revenue while lowering the cost of customer acquisition and order fulfillment.

"We continue to believe Push will be a highly transformative acquisition on multiple levels, with this driving strong revenue growth and market expansion," said Brent Suen, CEO of Weyland Tech. "Push's eCommerce platform is highly synergistic to our existing mCommerce technologies, particularly with CreateApp and AtozGo. Our respective offerings are both mobile-friendly and can provide complementary products and services, while our technology and revenue models can be seamlessly integrated into a single platform."

The integration of the Weyland and Push platforms is expected to significantly enhance the value proposition for existing and prospective customers. Initial cross-selling opportunities include using CreateApp and AtozPay to support U.S.-based projects and campaigns for Push's current enterprise customers.

"We recognized tremendous synergies in technology and in our corporate missions right from the start," commented Haig Newton, co-founder, CEO and president of Push Holdings. "We believe that together we will be able to better help businesses and brands around the world reach more customers, increase their sales, and promote their products and services in an easier, more affordable and highly efficient way."

Push will provide Weyland a well-established beachhead in North America, allowing it to attract new users to CreateApp and AtozPay quickly and cost-efficiently. This includes greatly reduced customer acquisition costs Weyland could not have achieved on its own.

Previously, U.S. customer acquisition costs for CreateApp were estimated at $2-$3 per dollar generated, making market entry economically unfeasible. By leveraging Push's highly effective marketing technology and operational resources, U.S. customer acquisition cost is expected to be as little as $0.30 on the dollar.

"What we find so amazing about CreateApp is that it requires literally no technical understanding or skills in app design for anyone to build a full-featured custom app in less than two hours," noted Push Interactive's chief technology officer, Tom Furukawa. "It's a Shopify-like solution for mobile that enables businesses and brands to establish a mCommerce presence in an intuitive, do-it-yourself fashion. Layering on our Push platform, CreateApp users gain a fully end-to-end mCommerce solution supported by our team of expert digital media marketers that can enhance their visibility, customer traffic and ultimately conversions."

As part of a public company, Weyland's new Push subsidiary will gain easier access to growth capital and be better able to attract additional employee talent. Push can also leverage the cost efficiencies and diverse capabilities of Weyland's existing 200-person technology and software development team in Jaipur, India, while Weyland gains technical and software development expertise from Push.

Weyland plans to launch CreateApp in the U.S. during the first quarter of 2020. The North American market is expected to support a higher price point for subscription fees as compared to the company's current market in Southeast Asia. A comparative revenue model of a U.S. industry peer supports 96,000 users at $300 each per month. This is several times higher than the current CreateApp subscription model for Southeast Asia at only $12-$80 per month, depending on optional features implemented.

"Our initial work with Push to introduce CreateApp in the U.S. led to this strategic acquisition, so we have already made strong progress in this regard," added Suen. "eCommerce is becoming increasingly mobile in the U.S., creating a huge new market opportunity for CreateApp and AtozPay."

Weyland's post-acquisition revenue model anticipates that U.S. CreateApp subscription revenues alone could exceed $5 million by end of 2020. This would be in addition to potential new Push offerings adopted by Weyland's existing international SMB customer base, as well as new AtozPay eWallet and mobile pay integrations in the U.S.

Additional details about the definitive asset purchase agreement are provided in a Form 8-K, available at www.sec.gov and the investor relations section of Weyland Tech's website at weyland-tech.com.

About Push Interactive

The Push platform features comprehensive customer acquisition capabilities, highly productive media and channel strategies, well-tuned product promotion and messaging, and sales funnel development and optimization. Post-sale, Push supports fulfillment, customer relationship management, and further monetization through re-engagement and remarketing toolsets that enhance customer lifetime value (LTV). Push developed these SaaS-based solutions in-house, with more than $10 million invested in platform development and eight years of real-world use. For more information about Push Interactive, visit www.pushint.com.

About Weyland Tech

Weyland Tech is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, CreateApp 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.

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 operated in Jakarta, Indonesia.

For more information, visit www.weyland-tech.com..

Important Cautions Regarding Forward Looking Statements

This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the consummation of the asset purchase transaction of Push, the ability of the Company to successfully integrate Push, the continued growth of the eCommerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Company Contact

Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact

Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team

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