The #AIEye Episode 390: IBM (NYSE: $IBM) and Verizon (NYSE: $VZ) Business Collaborate for Industry 4.0 and Baidu (NasdaqGS: $BIDU) Tops China’s #AI Market in IDC Report

The #AIEye Episode 390: IBM (NYSE: $IBM) and Verizon (NYSE: $VZ) Business Collaborate for Industry 4.0 and Baidu (NasdaqGS: $BIDU) Tops China’s #AI Market in IDC Report

Global AI in Accounting Market to Reach $14.05 Billion by 2027

Point Roberts WA, Vancouver BC – July 16, 2020  – 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:VZ) (NasdaqGS:BIDU)

IBM (NYSE:IBM) and Verizon Business, a division of Verizon Communications (NYSE:VZ), are entering into a collaboration to work together on 5G and edge computing innovation to help enable the future of Industry 4.0. According to the press release, this will involve collaborating on solutions that bring together “the high speed and low latency of Verizon's 5G and Multi-access Edge Compute (MEC) capabilities, IoT devices and sensors at the edge, and IBM's expertise in AI, hybrid multicloud, edge computing, asset management and connected operations.” Tami Erwin, CEO, Verizon Business, explained:

"This collaboration is all about enabling the future of industry in the Fourth Industrial Revolution. Combining the high speed and low latency of Verizon's 5G UWB Network and MEC capabilities with IBM's expertise in enterprise-grade AI and production automation can provide industrial innovation on a massive scale and can help companies increase automation, minimize waste, lower costs, and offer their own clients a better response time and customer experience."

Baidu, Inc. (NasdaqGS:BIDU) has the highest market share and is the largest provider of AI public cloud services in China, according to a recent report from International Data Corporation (IDC) titled: China's Artificial Intelligence Cloud Services Market Research Report (2019). During a speech at the 2020 World Artificial Intelligence Conference (WAIC) on July 9, Baidu’s CEO, Robin Li,

"As an AI platform company that is focused on empowering other organizations, Baidu hopes that every enterprise, no matter how small, is able to use capabilities and services provided by our platforms, just like they were water and electricity, to quickly and easily realize intelligent transformation.”

"Baidu Cloud relies on AI capabilities and platforms for AI development -- our two large core advantages -- and has become one of the main drivers of industrial AI and a leading cloud service provider."

Global AI in Accounting Market to Reach $14.05 Billion by 2027

A report published by Research and Markets finds that the global Artificial Intelligence in Accounting market will grow from $454.92 million in 2018 to $14.05 billion by 2027 with a compound annual growth rate (CAGR) of 46.4 percent in that forecast period. The report description cites “rising requirement of automation in mundane tasks and requirement for advanced decision making,” as a market driver, but identifies a “lack of skill sets,” as an impediment to growth. An excerpt from the report description outlines the uses of AI in accounting:

Artificial Intelligence in Accounting is used to pull accurate outcome[s] from a large amount of data without human intervention. It is much more beneficial for data-driven industries, such as accounting. It is also used for fraud detection.

Sam Mowers, Investorideas.com

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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 .

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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. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) @patriot1tech Reports Subsidiary Xtract #AI division reports new project contract with Canexia Health; #Artificialintelligence

Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) @patriot1tech Reports Subsidiary Xtract #AI division reports new project contract with Canexia Health; #Artificialintelligence

Project ACTT (Access to Cancer Testing & Treatment in Response to COVID-19) aims to provide a liquid biopsy solution, that requires only a simple blood draw, as an alternative to surgical tissue biopsies

VANCOUVER, BC – JULY 16, 2020  – Investorideas.com Newswire and Homelanddefensestocks.com –Security/Covid -19/AI stock news -Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF), (FRANKFURT: 0PL) wholly-owned subsidiary Xtract Technologies Inc. (“Xtract AI”)  is pleased to announce a new project contract with Canexia Health (formerly Contextual Genomics) and supported by the Digital Technology Supercluster.

Read this news featuring Patriot One in full at https://www.investorideas.com/news/2020/defense/07161PatriotOne-CanexiaHealth.asp

As the COVID-19 pandemic has impacted many areas of life, including the diagnosis and treatment of other health conditions, people have chosen to forgo care in attempts to minimize their potential exposure to the Coronavirus. Cancer patients are twice as likely to contract COVID-19, and three times as likely to die from it, compared to the general population. However, by avoiding time spent in medical facilities to limit exposure to the virus, patients are delaying treatment and their disease may spread further. At least 100,000 surgeries in Canada, including cancer tissue biopsies, have been delayed or postponed since early March because of COVID-19.

Project ACTT (Access to Cancer Testing & Treatment in Response to COVID-19) aims to provide a liquid biopsy solution, that requires only a simple blood draw, as an alternative to surgical tissue biopsies. This minimally invasive DNA test, which can be delivered remotely, will then be analyzed by artificial intelligence technology to identify circulating tumor DNA (ctDNA) in plasma, and matches patients with targeted treatments shown to improve outcomes. Not only will this reduce a patient’s need to attend medical facilities, it will also increase health system capacity for those with recurrent or metastatic lung, breast, or colon cancer.

Other partners in the project include AstraZeneca Canada, Queen’s University, the Eastern Ontario Regional Laboratory Association, Genolife, emtelligent, Novateur, Semaphore Solutions and Illumina. Xtract AI will develop, train, and deploy Natural Language Processing (NLP) models to assist in the management, understanding, and integration of semi-structured information from a mutation and cancer-type database.

Martin Cronin, Patriot One Technologies CEO, said “knowing how far reaching the effects of COVID-19 are, we’re delighted to be involved in another project utilizing artificial intelligence, and our team’s expertise, in an effort to significantly, and hopefully positively, impact the lives of cancer patients.”

About XTRACT TECHNOLOGIES INC - a subsidiary of Patriot One Technologies Inc.

Xtract AI develops and commercializes artificial intelligence, machine learning, deep neural networks and predictive solutions utilizing advanced technology for public institutions and private enterprise. The firm has an award winning, highly skilled team that develops AI solutions to solve challenges across computer vision (CV), natural language processing (NLP), anomaly detection, and time-series analysis for applications ranging from security and defence to environmental solutions and healthcare. For more information on building your AI solution, visit: xtract.ai

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):

Patriot Ones' mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

About Digital Technology Supercluster:

The Digital Technology Supercluster solves some of industry’s and society’s biggest problems through Canadian-made technologies. We bring together private and public sector organizations of all sizes to address challenges facing Canada’s economic sectors including healthcare, natural resources, manufacturing, and transportation. Through this ‘collaborative innovation,’ the Supercluster helps to drive solutions better than any single organization could on its own.  The Digital Technology Supercluster is led by industry leaders such as D-Wave, LifeLabs, LlamaZOO, Lululemon, MDA, Microsoft, Mosaic Forest Management, Sanctuary AI, Teck Resources Limited, TELUS, Terramera, and 1Qbit. Together, we work to position Canada as a global hub for digital innovation. A full list of Members can be found here.

About the COVID-19 Program:

The COVID-19 Program aims to improve the health and safety of Canadians and support Canada’s ability to address issues created by the COVID-19 outbreak. In addition, the program will build expertise and capacity to anticipate and address issues that may arise in future health crises, from healthcare to a return to work and community. More information can be found here.

For further information, please contact:

Patriot One Technologies Inquiries
info@patriot1tech.com
www.patriot1tech.com

Investor Relations
John Martin, Patriot One Technologies
+1 (888) 728-1332
johnm@patriot1tech.com

                                                                               

Media Contacts
Scott Ledingham, Patriot One Technologies
+1-613-806-7135
scott@prmedianow.com    

             

For Digital Technology Supercluster Inquiries

Elysa Darling, Switchboard PR

1-587-890-9833

elysa@switchboardpr.com

                             

CAUTIONARY DISCLAIMER STATEMENT:

No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, 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. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. 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. 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 will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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 : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info:

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The #AIEye Episode 389: GBT Tokenize Corp. (OTC PINK: $GTCH) Begins Design and Development of qTerm Human Vitals Device, Microsoft (NasdaqGS: $MSFT) Announces Strategic Alliance with Land O’Lakes

The #AIEye Episode 389: GBT Tokenize Corp. (OTC PINK: $GTCH) Begins Design and Development of qTerm Human Vitals Device, Microsoft (NasdaqGS: $MSFT) Announces Strategic Alliance with Land O’Lakes

Global Conversational #AI Market to Reach $15.82 Billion by 2024

Point Roberts WA, Vancouver BC – July 15, 2020  – 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.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2020/071520-AI-Eye.mp3

Read this in full at http://www.investorideas.com/news/2020/artificial-intelligence/07151AIEye-GBT-MSFT.asp

Hear the Ai Eye on Spotify  

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

Stocks discussed: (OTC PINK:GTCH) (NasdaqGS:MSFT)

GBT Technologies Inc. (OTC PINK:GTCH) has, through its Joint Venture, GBT Tokenize Corp, begun design and development of its AI-powered human vitals device, qTerm. According to the press release, qTerm “is designed to easily and accurately measure body temperature, blood pressure and heart rate,” and is expected to “be easily attached to a smartphone.” An excerpt from the press release reads:

The qTerm's mobile app will be powered by AI, anonymously collecting the user data in a central, secure database, building a real-time worldwide 'thermal map'. In case the user approaches or is being approached by a 'hot person' just down the street, he/she will get real-time alerts to avoid the risk of exposure. This feature is called Proximity Alert and targeted to alert users about exposure risks.

Microsoft (NasdaqGS:MSFT) has announced a multiyear strategic alliance with agriculture giant Land O’Lakes Inc. to “pioneer new innovations in agriculture and enhance the supply chain, expand sustainability practices for farmers and the food system, and close the rural broadband gap.” Microsoft CEO Satya Nadella said:

"Land O'Lakes is one of  the most important food suppliers in the U.S., and our nation's farmers and consumers rely on its ability to rapidly adapt to changing market forces through innovation. Through our partnership, we will apply the power of Azure and its AI capabilities to help Land O'Lakes solve some of the most pressing challenges facing the industry and bridge the divide between rural and urban communities."

Global Conversational AI Market to Reach $15.82 Billion by 2024

A report from Market Research Future finds that the global Conversational AI market will reach $15.82 billion by 2024 with a compound annual growth rate (CAGR) of 30.32 percent in the forecast period 2019-2024. An excerpt from the report description outlines the scope of the market and factors contributing to its growth.

The development of artificial intelligence in recent years including machine learning, natural language processing, image recognition, and speech recognition have promoted conversational AI applications allowing users to interact with businesses through desktops, laptops, and smartphones. Conversational AI is capable of accomplishing various tasks such as providing shopping assistance, product recommendations, answering customer queries; booking plane, train, bus, and movie tickets; setting up business meetings; checking booking status; providing information related to weather, local events and news and entertainment. Enterprises are increasingly adopting conversational AI solutions to offer immediate online assistance to improve online sales conversion rates. Various benefits of conversational AI in business-to-business applications, widespread adoption of messaging apps, enterprises focusing on enhanced customer experience, and rising adoption of virtual assistants are other factors promoting the market growth.

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 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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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. Contact management and IR of each company directly regarding specific questions. Disclosure : GTCH is a paid news and social media client on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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