The #AIEye: GBT Technologies (OTC: $GOPHD) Testing Avant! as Virtual Agent and Baidu (Nasdaq: $BIDU) Chooses Elektrobit for Automotive Infrastructure Software
Global #AI in Marketing Market to See 30.1% CAGR from 2018-2025
Point Roberts WA , Vancouver BC – August 7, 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: (OTC:GOPHD) (NasdaqGS:BIDU)
GBT Technologies Inc. (OTC PINK:GOPHD), which was formerly known as Gopher Protocol, Inc. (OTC:GOPH), is testing its Avant! AI Virtual Agent through Costa Rican company GBT Technologies, S.A. (GBT CR), prior to official release. Avant! will be released once testing is complete and will be targeted for “the use of an intelligent virtual agent for expert communities that are essential in our daily lives, which could potentially include healthcare advisors, engineering design, customer service, financial analytics and more,” according to the press release. Salomon Ocon, GBT CR’s CEO, explained:
"We are in the testing phase of our intelligent agent, and expect an exciting future for our Avant! Virtual Agent application. Avant! Virtual Agent is capable of understanding questions, search for relevant information, perform an analysis and advise with the best conclusions. Furthermore, Avant! Virtual Agent requests user's feedback and will consider them in its next analysis in order to provide more efficient and accurate information. This is an integral part of the system's learning capabilities. We expect Avant! will get better with time with additional users and with more users’ interactions, with the goal of making it a highly advanced question/answer machine. We plan to continue to develop the Virtual Agent with the goal of achieving performance close to a human being's ability to answer questions.”
Baidu, Inc. (NasdaqGS:BIDU) has chosen embedded software provider Elektrobit to provide automotive infrastructure software for the former’s advanced in-vehicle computing platform for autonomous driving – Apollo Computing Unit (ACU). Alexander Kocher, President and Managing Director, Elektrobit, commented:
"Baidu Apollo has made tremendous strides in just two years since its launch, with support from leaders in the automotive industry, in China and around the world. China is an important and strategic market for EB, therefore we are glad to bring our products and experience into the ACU. We are extremely proud to be a partner and look forward to working with Baidu as well as the whole industry to accelerate the development of automated driving based on Apollo."
Global AI in Marketing Market to See 30.1% CAGR from 2018-2025
A report from Data Bridge Market Research finds that the global AI in Marketing market, which was valued at $5.2 billion USD in 2017, will see a compound annual growth rate (CAGR) of 30.1 percent in the forecast period 2018 to 2025. An excerpt from the report description describes the market:
Artificial intelligence in marketing offer[s] approaches to overcome any issues between information science and execution. The way toward filtering through and breaking down dumps of information was at one time an impossible procedure and is currently attainable, as well as it's in reality simple. AI Marketing is a strategy for utilizing client information and AI ideas like machine [learning] to foresee your client's best course of action and enhance the client travel.
Sam Mowers, Investorideas.com
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