#AIEye Episode 475: GBT Tokenize (OTCPINK: $GTCH) Begins Research for Kirlian Electrophotography Technique Aimed for qTerm Integration, and IBM (NYSE: $IBM) Launches “My Group” with The Masters Tournament #artificialintelligence
Global
AIaaS Market to Reach $28.58 Billion by 2025
Point Roberts WA, Vancouver BC – November 13, 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: (OTCPINK:GTCH) (NYSE:IBM)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that its joint venture, GBT
Tokenize, has begun research in the Kirlian Electrophotography imaging
technique potentially aimed for inclusion within its AI-powered qTerm device
human vital signs device. The Kirlian Electrophotography technique is described
in the press release as “a photographic method to capture the phenomenon of
electrical coronal discharges which can be used to produce a human's organ
biofield.” Danny Rittman, GBT's CTO, explained:
“Using
Kirlian imaging, we believe it is possible to produce a measure of human energy
levels and examine changes in the energy distribution throughout the organ(s).
We are attempting to determine if we can implement Kirlian imaging for qTerm by
means of producing a human's finger aura (i.e. its biofield). Along with qTerm
vitals measurement, the goal is to potentially provide a Kirilian image. In
turn, using our Machine learning technology, we are seeking to develop an
analysis of the biofield and, in turn, provide a diagnostic and potential
medical issues classification. We believe this type of system, if fully
developed and commercialized, could be very efficient as [an] additional
diagnostic system.”
IBM (NYSE:IBM), along with its exclusive digital
partner the Masters Tournament, is launching My Group, described as “an
innovative digital feature enabling new levels of fan engagement and
revolutionizing the digital viewing experience for the 2020 Masters
Tournament.” The feature runs on IBM Cloud with Red Hat OpenShift, leverages
Watson's artificial intelligence (AI) to curate play, and “will be available
globally in the Masters Tournament app and on Masters.com.” Rob Thomas, Senior
Vice President, IBM Cloud and Data Platforms, said:
"The
digital experience of sports has never been more important than it is right
now. We're proud to put the power of IBM's hybrid cloud and AI technologies on
display through the My Group feature on the Masters app and website. And we are
honored to enable millions of Masters patrons around the world to enjoy the
storied tradition of this magical Tournament."
Global
AIaaS Market to Reach $28.58 Billion by 2025
A report published by Research and Markets finds that the global
Artificial Intelligence-as-a-Service market will grow from $2.68 billion in
2019 to $28.58 billion by 2025, with a compound annual growth rate (CAGR) of
48.9 percent in the forecast period 2020-2025. The report description outlines
the role of BFSI, which is projected to account for the largest share of the
market’s growth:
●
In
recent years, AI technology has been increasingly adopted in the BFSI industry,
primarily to enhance operational efficiency and enable rich consumer
experience. AI is at the forefront of all innovations and will continue to
remain so in 2020.
●
In
the BFSI industry, AI is mainly used as chatbots, algorithmic trading, fraud
detection, and customer recommendation. Banks, such as RBS, are implementing
chatbots, which is likely to compel other financial institutions to invest in
similar technology. As a result, it is expected to create demand for AI-based
solutions, which, in turn, is expected to boost the investment by the industry
players, thereby, fostering the market growth, over the next six years.
Sam Mowers, Investorideas.com
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