#AIEye
#Podcast 542: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $AMZN)
GBT
Completes Long Range Radio Mobile System Prototype, and AWS Announces General
Availability of Amazon Lookout for
Equipment
Global
#Wearable #AI Market to Reach $99.5B by 2027
Point Roberts WA, Vancouver BC – April 9, 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).
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https://www.investorideas.com/Audio/Podcasts/2021/040921-AI-Eye.mp3
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this in full at https://www.investorideas.com/news/2021/artificial-intelligence/04091GTCH-AMZN.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NasdaqGS:AMZN)
GBT Technologies Inc. (OTC PINK:GTCH) has completed the prototype design of its long
range radio mobile system. The unit, according to the press release, will be a
high-performance radio transceiver system designed for data and voice
applications, and is expected to enable data and voice communication for long
range applications targeting telemedicine support for the Company's qTerm human
vital signs device, including audio. GBT’s CTO, Danny Rittman, explained:
“As
the system is targeted to work with the qTerm vital device, the design
contemplates users being able to send vital information to professional health
authorities for quick review and recommendations. In addition, the design has
incorporated a voice communication, which will be available to discuss further
steps and actions. We believe that in this day and age everyone should have
access to modern amenities, and the key is global communication. For us, the
most important contribution of such a system is the capability to save lives by
enabling health and emergency services anywhere on Earth.”
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN),
has announced the general availability of Amazon
Lookout for Equipment, described in the press release as “a new service that
uses AWS-developed machine learning models to help customers perform predictive
maintenance on the equipment in their facilities.” Swami Sivasubramanian, VP
Amazon Machine Learning, AWS, said:
"Today,
we’re excited to announce the general availability of Amazon Lookout for
Equipment, a new service that enables customers to benefit from custom machine
learning models that are built for their specific environment to quickly and
easily identify abnormal machine behavior—so that they can take action to avoid
the impact and expense of equipment downtime."
Global
Wearable AI Market to Reach $99.5B by 2027
Research published by ReportLinker finds that the global Wearable AI
market will grow from $18.8 billion in 2020 to $99.5 billion by 2027, with a
compound annual growth rate (CAGR) of 26.9 percent in that same forecast
period. An excerpt from the report’s abstract breaks down the market projections
geographically:
The
Wearable AI market in the U.S. is estimated at US$5.6 Billion in the year 2020.
China, the world's second largest economy, is forecast to reach a projected
market size of US$17.1 Billion by the year 2027 trailing a CAGR of 26.1% over
the analysis period 2020 to 2027. Among the other noteworthy geographic markets
are Japan and Canada, each forecast to grow at 24.3% and 22.8% respectively
over the 2020-2027 period. Within Europe, Germany is forecast to grow at
approximately 18.7% CAGR.
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 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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