#AIEye #Podcast- GBT’s (OTC: $GTCH) CEO Updates Strategy of Building IP Portfolio and sale of its Avant! #AI #technology

 

 

#AIEye #Podcast- GBT’s (OTC: $GTCH) CEO Updates Strategy of Building IP Portfolio and sale of its Avant! #AI #technology

 

#Stocks discussed: (OTCPINK: $GTCH) (OTCPINK: $TREN) (NYSE: $SNAP) (NYSEAmerican: $GNS) (NYSE: $CRM)

 

Vancouver, Kelowna, Delta, BC – April 18 2023 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) stocks releases a special edition of the AI Eye podcast looking at the significance of intellectual property (IP) and patents in the tech space, featuring AI innovator GBT Technologies Inc. (OTC PINK:GTCH).

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/041723-AI-Eye-GBT.mp3

 

Watch the Video on YouTube:

https://www.youtube.com/watch?v=ROBjekPsJnY

 

Read this in full at https://www.investorideas.com/news/2023/artificial-intelligence/04181GTCH-Sale-of-Avant.asp

 

Hear the AI Eye on Spotify

 

Investorideas.com recently spoke to Mansour Khitab, CEO of GBT Technologies Inc. (OTC PINK:GTCH), who detailed the company’s progress in amassing a portfolio of Intellectual Property (IP).

 

“We now have 14 patents approved, which means that from last year to this year we’ve increased patent approval by 25 percent,” Khatib said. “And we have 25 [patents] pending [approval], maybe 26 because we’ve just had another advancement. The numbers are always a little bit fluid, but overall I’m really happy with the progress we’re making.”

 

The last time Khatib spoke to Investorideas.com, GBT boasted “10 patents approved, and 26 pending,” indicating a goal of having 20 approved by the end of this year. In that interview, Khatib explained the company’s shift in strategy to focus on Research & Development efforts, comprising "patents, trade secrets and prototypes" with particular focus on 3D Microchip Design (semiconductors), tracking, EDA (Electronic Design Automation) Software Tools, cybersecurity, telehealth, AI, computer vision, IoT, and more.

 

Apart from patent approvals, GBT has also recently announced the sale – through its 50 percent-owned subsidiary GBT Tokenize Corp. – of its Avant! AI technology to Trend Innovation Holdings, Inc. (OTCPINK:TREN). Trend, an AI-based information technology firm, has already announced the successful testing of Avant! AI in a theoretical cybersecurity incident simulation, wherein “Avant! AI proved to have superior capabilities when performing real-time cyber incident analysis.” Natalija Tunevic, the President and CEO of Trend, said:

 

"[Trend Innovation Holdings] plans to continue its efforts to adapt Avant! AI to perform as an intelligent cybersecurity agent so that it can assist organizations with monitoring, identifying, remediating, and recovering from any potential cyber-attacks. By conducting such simulations, organizations can identify weaknesses in their security posture, improve incident response procedures, and ultimately reduce the likelihood of a successful cyberattack."

 

Khatib said the significance of the deal with Trend Innovation Holdings was that it maintained GBT’s ability to license and develop the technology.

 

“The big thing about this deal is that we retain certain rights for the software, so we can use [it] for our own software packages, and that was one of the conditions for this to move ahead,” he said.

 

Khatib explained how Avant! comprises a base system, which GBT maintains, and can have different functionalities built on top of it.

 

“We have an Avant! core package – Avant! AI which we registered as a trademark – which we believe is very comprehensive and very fast,” he said. “It can take massive amounts of data, and work through it very fast. However there are two parts to it, there’s this core system, and what I call its “skins”. The skins are actually the functionalities of it. Say you want to build a stock trader: the core engine will look at all the data for all the stocks in the last 10 years and do the calculations, but now you’d have to build another part on top of it to execute actions etc… “

 

This practice of licensing out software and technology to other firms is demonstrated quite successfully by AI research firm OpenAI, and its chatbot technology ChatGPT. Recently, Snap Inc. (NYSE:SNAP) announced the launch of “My AI,” a new chatbot running the latest version of OpenAI's GPT technology tailored for the former’s Snapchat instant messaging application. The press release reads:

 

My AI can recommend birthday gift ideas for your BFF, plan a hiking trip for a long weekend, suggest a recipe for dinner, or even write a haiku about cheese for your cheddar-obsessed pal. Make My AI your own by giving it a name and customizing the wallpaper for your Chat.

 

Still another instance of OpenAI’s application is by education technology firm Genius Group Limited (NYSEAmerican:GNS), which recently announced the launch of its Genius AI Educator Suite, combining the AI capabilities of OpenAI’s GPT-3 and GPT-4 with the AI capabilities of Salesforce’s (NYSE:CRM) Einstein AI. Together, these technologies will power Genius Group’s AI Genie Virtual Assistant on its Edtech platform, GeniusU.

 

But with all the pervasiveness of AI, Khatib noted that GBT intends to focus on a wide array of IPs, with which it plans to continue selling and licensing to larger firms.

 

“We want to continue growing our IP portfolio in different areas, and eventually we want larger companies to take interest in some of the portfolio,” he said. “Then, we’d license or sell the technology to them and, with that, create an income stream which we can leverage and make money with. My whole argument about the change in focus to IP was that, because we’re good at building IP, we’re building value much faster for the shareholders and the company than if we had just concentrated on building a little gadget or something and getting into sales etc… I know it’s tough, but now that we’ve made this deal it proves the concept that there are actually companies out there interested in our technology.”

 

“Now we just have to get our other technologies and bring them in front of larger companies and hopefully this will happen by the end of the year,” he said.

 

Listen to other editions of the AI Eye Podcast

https://www.investorideas.com/Audio/Podcasts-AI-Eye.asp

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

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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 featured monthly AI stock 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/ 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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#Tech #Stocks Content Battle - #AI vs Humans (NASDAQ: $ONFO) (NASDAQ: $BZFD) (NASDAQ: $INTU) (NYSE: $GETY) @TeamOnfolio @BuzzFeed @Intuit @Mailchimp @GettyImages

 

Vancouver, Kelowna, Delta, BC –– April 13, 2023 Investorideas.com, a global investor news source covering tech stocks issues a sector alert looking at the online battle between AI and humans for the future of content creation, featuring Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW). Onfolio acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. 

 

Read this article, featuring ONFO in full at: https://www.investorideas.com/news/2023/technology/04131AI-vs-Humans.asp

 

With all the buzz on Chat GPT and its competitors from Google (Bard) and Microsoft (AI Powered Bing) entering the market, the debate and battle is on for the future of content creation, but as the hype fades the limitations of what AI can and cannot do are becoming apparent. As companies bet on the future of content, it is obvious AI will play a key role, but investors can’t underestimate the human potential for creating original content.

 

Betting on the future of organic content creation and storytelling, Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) announced in February the completion of the Company’s previously announced asset purchase agreement with Contentellect Limited to acquire substantially all its business assets for a purchase price of $850,000 of cash at closing, pursuant to an agreement entered into on January 13, 2023.

 

From the news: Contentellect was launched in 2018 and began as a specialist content writing service for software-as-a-service companies. Today, 875+ businesses and 65+ agencies rely on Contentellect’s software, which helps small-and medium-sized businesses scale their content with blog writing, link building, and more. The service offering consists of copywriting from a 100+ writer talent pool, and outreach services such as content writing services, website link building services, social media marketing services and virtual assistant services to individuals, businesses and agencies. The content created helps customers by improving organic traffic via search engines, enables them to conduct thought-leadership, and gives sales and marketing teams relevant and usable content at the top and middle of the marketing funnel. Contentellect reported $340,000 of adjusted EBITDA in 2022 (on an unaudited basis).

 

From the news: “We are excited to have completed our acquisition of Contentellect and look forward to capitalizing on the attractive growth opportunities ahead,” said Dominic Wells, CEO of Onfolio. “Since inception, Contentellect has steadily expanded its service offering to assist small-and medium-sized companies reach their growth potential, and we are excited to work with Jason and his team to advance Contentellect’s strategy and unlock value.”

 

From the news: "Contentellect has an enormous opportunity ahead of it as we navigate the content marketing space, especially with the advent of potentially industry-changing AI technology,” said Jason Smit, CEO of Contentellect. “The demand for genuinely great storytelling combined with the expertise to reach the right audiences is only growing, and Contentellect has the tools and know-how to help brands achieve this."

 

Well known content provider BuzzFeed, Inc. (NASDAQ: BZFD) saw their stock rise significantly in late January as they announced they would be incorporating AI into their content creation. The Chat GPT stock frenzy that lifted a lot of related stocks has calmed down and is less volatile as investors settle in and look at results.

 

While the stock was spiking, Yahoo Finance anchors Dave Briggs, Seana Smith and Jared Blikre discussed BuzzFeed's skyrocketing stock amid news the company will be using A.I. to help with creating some content.

 

Video Transcript:

JARED BLIKRE: My triple play is BuzzFeed. The stock was rescued from Penny Stock Hill Thursday to rally 130% and another 100% today at the highs. The organization known for memes, that's hanging its head on AI with the likes of Chat GPT. And hold there a second. I'm going get you up a chart of BuzzFeed on the Wi-Fi interactive. Here is the stock today. But here is a max chart. And you can see from that $10 SPAC level, it's been down ever since, except for very, very recently. So we'll have to see if this latest gambit pays off.

 

Now, the Chat GPT going to be writing polls and quizzes for viewers. We learned that from an email by publisher Jonah Peretti to staff. That was yesterday. Separately today, Journal reporting that BuzzFeed is partnering with Meta to Corral content creators. Now does this deal make sense? Going to be difficult to say. But I got my money on Jonah here. I think it's a kind of-- I think it's a perfect fit for him. I'm not in favor of AI writing in-depth feature length articles here. But for BuzzFeed, where else are they going to go?

 

DAVE BRIGGS: I don't think it's going to be writing in-depth articles. Jonah has said that newsroom journalism will still be done by human beings. I think this is a win-win without a doubt, Jared. I'm just curious, can you really even get close to justifying that kind of a stock surge? This is really a tweak to what BuzzFeed does. It's not a massive overhaul. It's not massive spending cuts. It's trading, to me, almost like, and you mentioned earlier, a meme stock. That type of rise doesn't make sense, given a subtle tweak to AI.

 

This week, Intuit Mailchimp (Nasdaq: INTU), and its email marketing and automation launched Email Content Generator (beta), which provides GPT AI technology to allow customers to create marketing email campaigns based on industry, marketing intent, and brand voice. Email Content Generator is part of a suite of AI-powered features within Mailchimp, and this latest release represents the next step in Mailchimp’s goal to transform email marketing for small and mid-size businesses.

 

From the News: "We’re on a mission to make Mailchimp the only place where marketers can effortlessly create content optimized for their brand, their marketing channels, their objectives, and every member of their audience," said Rania Succar, CEO at Mailchimp. "AI and text generation tools like ChatGPT have received a lot of attention recently, and for good reason. We see this as a supportive technology for marketers, and we want to provide them with approachable ways to use AI so that they can automate, generate, and optimize content to save time and trust that what we’re serving them is tailored to help them reach their goals."

 

For now, although impressive, Chat GPT ( OpenAI) and other AI content generators are still evolving. Sam Altman @sama, its CEO said on Twitter in late December “ChatGPT is incredibly limited, but good enough at some things to create a misleading impression of greatness.”

 

“It's a mistake to be relying on it for anything important right now. It’s a preview of progress; we have lots of work to do on robustness and truthfulness.”

 

As AI content expands we may also see more copyright violations. Getty Images Holdings, Inc.  (NYSE:GETY) recently commenced legal proceedings in the High Court of Justice in London against Stability AI claiming Stability AI infringed intellectual property rights including copyright in content owned or represented by Getty Images. It is Getty Images’ position that Stability AI unlawfully copied and processed millions of images protected by copyright and the associated metadata owned or represented by Getty Images absent a license to benefit Stability AI’s commercial interests and to the detriment of the content creators.

 

Looking to the future, as a recent Forbes article headline states, “AI Content Generation Won’t Replace Humans; It Will Make Them More Powerful.”

 

Get a free investor list of tech stocks including digital publishing and AI stocks at Investorideas.com

https://www.investorideas.com/TSS/stock_list.asp

 

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Breaking #Technology #Stock News: GBT’s (OTCPK: $GTCH) Database Management System, Continuation Patent Received Notice of Allowance; @gbtt_inc

 

Breaking #Technology #Stock News: GBT’s (OTCPK: $GTCH) Database Management System, Continuation Patent Received Notice of Allowance; @gbtt_inc

 

The continuation patent is expected to be granted during the next few months and protects an innovative concept of secured mobile database management system

 

SAN DIEGO, CA, April 13, 2023 (Investorideas.com Newswire) GBT Technologies Inc’s (OTC PINK: GTCH) ("GBT” or the “Company”) continuation applications for its mobile database sharing, received noticed of allowance from the United States Patent and Trademark Office (USPTO). The database management technology underlying the continuation applications is targeted to enable a highly secured communication protocol and to produce increased processing of database objects through its networks. The continuation application seeks to broaden the scope of the original patent and strengthen its protection aspects. The technology seeks to alleviate to a great extent the disadvantages of known systems and methods of database management and sharing by providing an innovative method for database management and sharing over mobile devices, using a private, secured communication protocol. The described methods and systems are based on a proprietary Integrated Circuit (IC) and a mobile/server software application to split database objects into segments and share them among other mobile devices. These segments are sent via private, secured channel to be stored on mobile devices worldwide and are indexed for restoration purposes. Upon the user's request to restore the database item, the system collects all database segments from all devices worldwide and assembles them together to restore the database object. These actions are done in real time and are transparent for the user. The described patent application covers a system to maintain a database item's backup on a central backup server for immediate restoration by demand. The described technology in the patent application aims to enable mobile and IoT devices to share and exchange vast amounts of data using highly secured, segmentation oriented, proprietary techniques. The original non-provisional patent was granted on December 1, 2020, as a US patent #10,853,327. The continuation application is expected to be granted during the next upcoming months.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/04131Database-Management-System.asp

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

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
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on Investorideas.com

 

More info on GTCH at Investorideas.com Visit: https://www.investorideas.com/CO/GOPH/

 

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