The #AIEye Episode 323 - GBT (OTCPINK: $GTCH) Receives Notice of Publication for 3D Microchip and Memory Patent Application and AWS (NasdaqGS: $AMZN) Makes Amazon Detective Generally Available
Global Smart #Robots Market to Grow by $20.28 Billion from 2020-2024
Point Roberts WA, Vancouver BC – April 1, 2020 – 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: (OTCPINK:GTCH) (NasdaqGS:AMZN)
GBT Technologies Inc. (OTCPINK:GTCH) has received a Notice of Publication under the Patent Cooperation Treaty as of March 26, 2020 for a 3D microchip and memory application. An excerpt from the press release explains:
The invention presents new die structure and orientation specially designed for the deep nanometer range. The technology enables the manufacturing of more devices on silicon in order to achieve denser circuits/features on the die and enables new IC (Integrated Circuit) architecture for larger designs within smaller areas while lowering the overall IC's power consumption.
Danny Rittman, GBT’s CTO, said:
"Moving toward a patent grant, the invention covers FinFet technology (Fin Field-effect transistor) and conventional CMOS technologies (Complementary Metal–Oxide–Semiconductor - a technology for making low power integrated circuits). With this new structural method, we aim to create new capabilities for IC designers, enabling vast amount of circuits on one chip. Simply put, we believe this platform could be used to create a new dimension for the IC (integrated circuits) arena. Moreover, it may lead to further GBT development with regard to potential medical platforms and other products to be developed using our current joint venture with Tokenize-IT S.A."
Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced the general availability of Amazon Detective. Amazon Detective helps users investigate security issues across their AWS workloads, leveraging machine learning, statistical analysis, and graph theory to build interactive visualizations that identify suspicious activities. Dan Plastina, Vice President for Security Services at AWS, explained:
"Gathering the information necessary to conduct effective security investigations has traditionally been a burdensome process, which can put crucial in-depth analysis out of reach for smaller organizations and strain resources for larger teams. Amazon Detective takes all of that extra work off of the customer’s plate, allowing them to focus on finding the root cause of an issue and ensuring it doesn’t happen again."
Global Smart Robots Market to Grow by $20.28 Billion from 2020-2024
A report from Technavio finds that the global Smart Robots market will grow by $20.28 billion from 2020 to 2024 with a compound annual growth rate (CAGR) of nearly 39 percent in the forecast period. An excerpt from the report snapshot outlines some key drivers and trends observed in the market:
Many companies across the world are focusing on automating their manufacturing facilities to improve their productivity, enhance product quality, and reduce labor costs. As a result, companies are replacing human labor with smart robots such as collaborative robots and professional robots, which have advanced technologies, including artificial intelligence (AI), machine learning (ML), and analytics. Collaborative robots can perform tasks such as order pick and place, packaging and palletizing, machine tending, and quality inspections. On the other hand, smart robots with AI have decision-making capabilities related to operations and can solve issues that occur in the assembly and manufacturing processes. Industries such as automotive, consumer electronics, healthcare, and industrial are significantly deploying smart robots owing to the mentioned beneficial functions. Therefore, the smart robots market is expected to record substantial growth over the forecast period.
Sam Mowers, Investorideas.com
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