#AIEye
#Podcast 517: GBT (OTCPINK: $GTCH) Begins Research Project to Enhance Nanometer
IC Physical Verification Process and Shell
(NYSE: $RDS-B), C3.ai (NYSE: $AI), Baker Hughes (NYSE: $BRK), Microsoft
(NasdaqGS: $MSFT) Announce OAI
#AI
in #OilandGas to Register 10.14% CAGR from 2021-2026
Point Roberts WA, Vancouver BC – February 3, 2021 – 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 – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/020321-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2021/artificial-intelligence/02031GTCH-RDS-AI-BRK-MSFT.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:RDS-B) (NYSE:AI) (NYSE:BRK) (NasdaqGS:MSFT)
GBT Technologies Inc. (OTC PINK:GTCH) announced that it has begun a research project,
with the internal name VeriSpeed, to develop a new system and methods to
enhance nanometer Integrated Circuits’ physical verification process. GBT’s CTO
Danny Rittman explained:
"We
are seeking to introduce an intelligent key factor within the IC physical
design and validation process by addressing probably the most significant part
of it, the database processing. An efficient database engine is a key factor
for speed and high performance of the entire physical verification process
including its three main aspects. The DRC, Design Rules Check - Geometrical
Rules, LVS - Layout Versus Schematic, the electrical rules, and DFM - Design
for Manufacturing rules."
Shell (NYSE:RDS-B), C3.ai (NYSE:AI), Baker Hughes Company (NYSE:BKR), and Microsoft (NasdaqGS:MSFT) have announced the launch of the Open AI Energy
Initiative (OAI), described as “a first-of-its-kind open ecosystem of
artificial intelligence (AI)-based solutions for the energy and process
industries.” The OAI aims to “accelerate deployment of AI-based reliability
solutions to unlock significant economic value across the energy industry while
helping to make energy production cleaner, safer, and more efficient.” Uwem
Ukpong, executive vice president of regions, alliances & enterprise sales
at Baker Hughes, commented:
"Taking
energy forward requires new approaches to technology that leverage
collaboration, open data standards, and cutting-edge AI capabilities. Working
alongside our alliance partners at C3 AI and together with industry leaders at
Shell and Microsoft, the OAI will help address the persistent industry
challenge of nonproductive downtime. This new ecosystem will leverage our
strong existing BHC3 portfolio and is a promising step in the digital
transformation of energy."
AI
in Oil and Gas to Register 10.14% CAGR from 2021-2026
Research published by ReportLinker finds that the global AI in Oil and
Gas market, which was valued at $2.04 billion in 2019, will register a compound
annual growth rate (CAGR) of 10.14 percent in the forecast period 2021-2026. An
excerpt from the report summary outlines some applications of AI in the market:
AI
has multiple applications in the oil and gas industry, such as production
optimization with computer vision to analyze seismic and subsurface data
faster, downtime minimizing for predictive maintenance for oil and gas
equipment, reservoir understanding, and modeling for predicting of oil
corrosion risks to reduce maintenance costs. Moreover, the market studied has
been witnessing many investments by big players in the technology.
Sam Mowers, Investorideas.com
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About
GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.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.
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