The #AIEye: Intel (NASDAQ: $INTL) Awards $75K Prize for Machine Learning Tech and CEVA (NASDAQ: $CEVA) Makes SLAM Platform Available for DSPs and #AI Processors

The #AIEye: Intel (NASDAQ: $INTL) Awards $75K Prize for Machine Learning Tech and CEVA (NASDAQ: $CEVA) Makes SLAM Platform Available for DSPs and #AI Processors

Global Automotive #AI Market to Reach $8.8 Billion by 2025

Point Roberts WA , Vancouver BC – May 20, 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: (Nasdaq:INTC) (Nasdaq:CEVA)

Intel Corporation (NasdaqGS:INTC) has awarded a $75,000 prize to 16-year-old Krithik Ramesh of Greenwood Village, Colorado at the company’s International Science and Engineering Fair. Ramesh won the top prize for developing a machine learning technology for orthopedic surgeons. An excerpt from the press release explains the technology:

Using machine learning and computer vision, the project helps orthopedic surgeons achieve greater accuracy for screw placement during spinal surgery. Based on Ramesh’s tests, this method has the potential to decrease operating time by at least 30 minutes, reduce physical therapy recovery time by four weeks and diminish the negative side effects associated with traditional medical imaging. Ramesh received the $75,000 Gordon E. Moore Award, named in honor of the Intel co-founder and fellow scientist.

CEVA, Inc. (NasdaqGS:CEVA) has announced the availability of its SLAM (Simultaneous Localization and Mapping) software kit for its CEVA-XM family of intelligent vision DSPs and the NeuPro family of AI processors. Ilan Yona, vice president and general manager of the Vision Business Unit at CEVA, explained the significance of this announcement:

"SLAM is the underlying technology that enables high-accuracy 3D mapping of a device's surroundings. It is a key component for a broad range of emerging devices including AR/VR headsets, drones, robots and other autonomous machines. We have capitalized on our unique expertise in designing vision DSPs and software algorithms to streamline our customers' entry into the exciting, yet complex domain of 3D machine vision."

Global Automotive AI Market to Reach $8.8 Billion by 2025

A report from Allied Market Research finds that the global automotive AI market will grow from $445.8 million in 2017 to $8.88 billion in 2025, with a compound annual growth rate (CAGR) of 45 percent. An excerpt from the report overview reads:

Artificial intelligence (AI) is one of the most progressive technologies in computer science. It is associated with human intelligence through similar characteristics such as language understanding, reasoning, learning, problem solving, and others. Manufacturers in the market witness enormous underlying intellectual challenges in the development and revision of the technology. In addition, the growth in automotive industry is expected to drive the automotive artificial intelligence market. Automotive industry has experienced the promise of artificial intelligence and is among the major industries using AI to augment and mimic the action of humans. Furthermore, emergence of standards such as advanced driver assistance system (ADAS), adaptive cruise control (ACC), blind spot alert, and growth in demand for convenience features attract automotive vendors towards AI.

Sam Mowers, Investorideas.com

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The #AIEye: Microsoft (NASDAQ: $MSFT) Partners with General Assembly to Close #AI Skills Gap and HP (NYSE: $HPE) to Acquire Supercomputing Firm Cray (NASDAQ: $CRAY)

The #AIEye: Microsoft (NASDAQ: $MSFT) Partners with General Assembly to Close #AI Skills Gap and HP (NYSE: $HPE) to Acquire Supercomputing Firm Cray (NASDAQ: $CRAY)

AI in #Cybersecurity to See 31% CAGR from 2019-2025

Point Roberts WA , Vancouver BC – May 17, 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: (Nasdaq:MSFT) (NYSE:HPE) (Nasdaq:CRAY)

Microsoft (NasdaqGS:MSFT) has partnered with education provider General Assembly to close the skills gap in artificial intelligence, cloud and data engineering, machine learning, data science, and more. The endeavor is expected to upskill and reskill 15,000 workers by 2022, creating a vast reserve of AI talent. Jake Schwartz, CEO and cofounder of General Assembly, said:

"Artificial intelligence is driving the greatest disruption to our global economy since industrialization, and Microsoft is an amazing partner as we develop solutions to empower companies and workers to meet that disruption head on. At its core, GA has always been laser-focused on connecting what companies need to the skills that workers obtain, and we are excited to team up with Microsoft to tackle the AI skills gap."

Hewlett Packard (NYSE:HPE) is set to acquire supercomputing company Cray, Inc. (NasdaqGS:CRAY). The transaction is expected to close by the first quarter of fiscal 2020. Peter Ungaro, President and CEO of Cray, said:

“HPE and Cray share a commitment to customer-centric innovation and a vision to create the global leader for the future of high performance computing and AI. On behalf of the Cray Board of Directors, we are pleased to have reached an agreement that we believe maximizes value and are excited for the opportunities that this unique combination will create for both our employees and our customers.”

AI in Cybersecurity to See 31% CAGR from 2019-2025

New data gleaned from Research N Reports finds that the AI in cyber security market is expected to exhibit a compound annual growth rate (CAGR) of 31 percent from 2019 to 2025, according to Market Research News. An excerpt from the report coverage on Market Research News reads:

The Artificial Intelligence (Ai) In Cyber Security market for cloud deployment is growing at a high rate. Several businesses have already moved part of their operations to the cloud, which has led security vendors to develop cloud-based solutions as the data to be protected is on the cloud. Migrating to the cloud has benefits such as enhanced flexibility, control, and scalability. Cloud deployment significantly reduces the capital investment that is required to implement Cybersecurity solutions; this is one of the major reasons for the increased demand for cloud-based Cybersecurity from most enterprises.

Sam Mowers, Investorideas.com

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#Tech News: Gopher Protocol (OTCQB: $GOPH) Files for International Patent Protection

#Tech News: Gopher Protocol (OTCQB: $GOPH) Files for International Patent Protection

Santa Monica, CA - May 17, 2019 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher", 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™ global mesh network technology platform for both mobile and fixed solutions, announced today that it has filed this week for international patent protection (PCT) for its database sharing and management patent.

This technology is targeted to work within Gopher's private, secured communication protocol, enabling vast database handling and management between Gopher's devices. This patent is protecting one of Gopher's essential IP components which is targeted to work also within its Avant! AI engine. Using Gopher's proprietary gNET protocol, devices are sharing/exchanging vast amount of data in a proprietary method. This proprietary database management system also adds a significant layer of cyber security to Gopher's network, eliminating possible hacking into the network. This method will be working in conjunction with Gopher's granted Patch patent.

The Patent Cooperation Treaty (PCT) is an international patent law treaty that provides a unified procedure for filing patent applications to protect invention in each of its contracting states. A patent application filed under the PCT is called an international application, or PCT application.

Read this in full at https://www.investorideas.com/CO/GOPH/news/2019/05171InternationalPatentProtection.asp

"We are seeking international patent protection for our advanced database management invention," stated Dr. Danny Rittman, Gopher's CTO. "By filing an international patent application under the PCT, we simultaneously seek protection for our database invention in a very large number of countries. This is one of Gopher's important intellectual properties as it defines a method and system for huge database handling and sharing in real time. This method is going to be the base of our systems through our private, secured communication protocol, gNET. Gopher's devices and applications are exchanging data via this database system which enables high security and protecting for our network. This is our core IP for real-time applications like autonomous driving, military/security, robotics and derived IoT applications. The system manages database of all types including media, text, graphical, and securing the information within few encryption layers against malicious activities, enabling reliable, safe and private operation. The system works with our proprietary integrated circuit (IC) technology within mobile devices and is AI supervised. Gopher intends to integrate its database sharing and management technology within all of its tracking and GEO devices for civil and military/security applications. Now, we are seeking to protect our patent's methodologies, concepts and approaches, worldwide."

The Company has released a technology review that was filed as Form 8-K with the SEC - https://www.sec.gov/Archives/edgar/data/1471781/000173112219000209/0001731122-19-000209-index.htm

As a reminder, Gopher intends to use its Avant! AI technology to govern security and vast data processing for its systems. As such, the Company has released its Avant! AI mobile app, now available for download for Android - https://play.google.com/store/apps/details?id=com.gopherprotocol.avantai and iOS mobile devices - https://itunes.apple.com/us/app/avant-ai/id1457305862?mt=8.

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) (“Gopher”) (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.  Gopher has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software.  Gopher’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. Gopher 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

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
Gopher Protocol Inc.

VM Only 888-685-7336

Media: press@gopherprotocol.com

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on

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The #AIEye: IBM (NYSE: $IBM) Expands “New Collar” to Ready France for Digital Economy, Accenture (NYSE: $ACN) Introduces INTIENT Platform and NICE (NasdaqGS: $NICE) Announces Smart Digital Conversations

The #AIEye: IBM (NYSE: $IBM) Expands “New Collar” to Ready France for Digital Economy, Accenture (NYSE: $ACN) Introduces INTIENT Platform and NICE (NasdaqGS: $NICE) Announces Smart Digital Conversations

Global #AI in #Retail and #ECommerce Market to Hit $19.37 Billion in Revenue by 2025

Point Roberts WA , Vancouver BC – May 16, 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.

Listen to today’s podcast:

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Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/05161AIEye-IBM-ACN-NICE.asp

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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:ACN) (Nasdaq:NICE)

IBM (NYSE:IBM) has announced the expansion of its “New Collar” program into France to help French workers transition to the new economy typified by AI, digital and hybrid cloud technologies. The expansion was revealed at the Tech for Good summit in Paris. IBM Chairman, CEO and President Virginia Rometty said:

"We know that AI, like other transformative technologies before it, will have a profound impact on peoples' jobs and the workplace. That is why IBM is leading the way in expanding the pathways through which students and professionals can build skills for today's technology era. Through groundbreaking education programs like P-TECH – which we are proud to expand in France – we can ensure that no one is left behind in the digital age."

Accenture (NYSE:ACN) has introduced a new tech platform called INTIENT, that advances and streamlines the delivery of patient treatments in life sciences enterprises. The platform leverages AI and advanced analytics, which includes robotic process automation and machine learning, to deliver actionable insights. Kevin Julian, a senior managing director in the Accenture Life Sciences practice, said:

“With INTIENT, our clients will be able to generate insights from research through to patient services, and even further with our plans to expand into other functions. The results will accelerate the delivery of life-changing treatments to patients.”

NICE  Ltd. (NasdaqGS:NICE) has announced Smart Digital Conversations, the next step in customer service made possible by their acquisition of digital platform Brand Embassy. NICE will integrate Brand Embassy’s capabilities into their CXOne cloud platform, “enabling any digital channel to be seamlessly and smartly integrated into any customer service daily operations”. Barak Eilam, CEO, NICE, said:

“CXone is already established as the leading Customer Experience cloud platform, based on the powerful integration of the industry’s best WFO, Analytics and Omnichannel routing in the cloud. This makes CXone the perfect choice for enterprises of all sizes, as they transform to the cloud and advance to analytics. With the addition of Brand Embassy and its pioneering and market-proven digital experience suite, CXone now empowers organizations to also adopt a digital-first strategy, all under one platform.”

Global AI in Retail and E-Commerce Market to Hit $19.37 Billion in Revenue by 2025

A report from Research and Markets finds that the global AI in retail and e-commerce market will reach revenue of $19.37 billion by 2025 with a compound annual growth rate (CAGR) of 42.8 percent in the forecast period 2019-2025. An excerpt from the report description reads:

Globally, the retail industry has become more competitive than ever as customers have plenty of choices while buying any product. The retail sector has become much more diverse because every customer has different and customized needs, which makes it tough for retailers to target a group. AI is now being used by retailers to get real-time and in-depth insights to attract diverse shoppers.

The revolution of AI is changing the customer shopping experience. AI in retail offers several opportunities in the retail space, as retailers have massive customer data available with them. Retailers can now understand their customers better and provide personalized recommendations, which help in retaining the customers and open new revenue streams for retailers. Brick and mortar retailers are spending in AI-based solutions to understand their customers better and enhance their shopping experience. The e-commerce industry is using AI to focus on applications such as product recommendations, search analysis, analyzing consumer sentiments, and promotions.

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 and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and  the AI Eye Podcast and column covering developments in AI. 

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#Tech News: Nxt-ID, Inc. (NASDAQ: $NXTD) Releases Results for the Quarter Ended March 31, 2019

SEBASTIAN, Florida - May 16, 2019 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices and services as well as payment credential management and authentication platform services, today announced results for quarter ended March 31, 2019.

Read this in full at https://www.investorideas.com/CO/NXT/news/2019/05161QuarterResults.asp

Highlights from the quarterly results included:

·        Revenue from continuing operations for 3 months ended March 31, 2019 was approximately $4.2 million compared to approximately $4.3 million for the same period in 2018.

·        Gross profit from continuing operations for 3 months ended March 31, 2019 was approximately $3.2 million compared to approximately $3.1 million for the same period in 2018.

·        Operating expenses from continuing operations were approximately $2.7 million for 3 months ended March 31, 2019 compared to $2.9 million for the same period in 2018.

·        Operating income from continuing operations for 3 months ended March 31, 2019 was approximately $0.5 million compared to operating income of $0.2 million for the same period in 2018.

·        Non GAAP Operating income from continuing operations for the three months ended March 31, 2019, adjusted for depreciation, amortization and non-cash charges was approximately $0.9 million compared to $0.8 million for the same period in previous year.

"Our first quarter 2019 results show continued strength in our LogicMark healthcare business," said Gino Pereira, Chief Executive Officer of Nxt-ID. "We are optimistic about the remainder of 2019 as we continued to focus on expanding our core healthcare business and working to complete the proposed spin-off of our payments, authentication and credential management business."

Full financial results and Management's Discussion and Analysis can be found in the Company's Form 10-Q for the quarter ended March 30, 2019, which was filed with the Securities and Exchange Commission ("SEC") on May 15, 2019, and can be found here.

The management team will host an investor webcast to discuss the first quarter 2019 financial results and update shareholders on corporate developments. The webcast will commence on 4:30 PM EDT. Shareholders, investors and interested parties wanting to participate in the webcast must use this link to register prior to the event.

Link: https://edge.media-server.com/m6/p/t3o7es7v

On April 29, 2019, the Nxt-ID filed a Form 10 Registration Statement with the Securities and Exchange Commission (SEC) to spin off its Fit Pay, Inc. subsidiary and it payment authentication and credential management business into an independent company called PartX, Inc. and distribute its shares to Nxt-ID shareholders. The Form 10 Registration Statement is used to register a class of securities that are intended to be traded publicly and is subject to review and approval of the SEC.

Following the successful completion of the spin-off transaction, which the Company believes will qualify as a tax-free distribution, Nxt-ID shareholders who own shares on the spin-off Record Date will receive a pro-rata distribution of shares PartX and will own shares of both Nxt-ID and PartX. The establishment of the Record Date for the distribution is pending review of the Form 10 Registration Statement by the SEC.

About NXT- ID, Inc.

Nxt-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications.

Nxt-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about Nxt-ID at www.nxt-id.com. Fit Pay and the Fit Pay Payment Platform are the sole property of Fit Pay, Inc. For Nxt-ID Inc. corporate information contact: info@nxt-id.com

Forward-Looking Statements for Nxt-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

In addition to the operational uncertainties identified above, there are a number of important factors that could cause the Company's actual results to differ materially from those indicated by such forward-looking statements, including whether the planned spin-off of the payments business is completed, as expected or at all, and the timing of any such spin-off; whether the conditions to the spin-off can be satisfied; whether the operational, marketing and strategic benefits of the spin-off can be achieved; whether the costs and expenses of the spin-off can be controlled within expectations; and general market and economic conditions. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from our expectations in any forward-looking statement. Investors should consider this cautionary statement, as well as the risk factors identified in our periodic reports filed with the SEC, when evaluating our forward-looking statements.

Media Contacts:

Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273

D. Van Zant
+1-800-665-0411
press@nxt-id.com

Source: NXT Inc.

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