#AIEye #Podcast 525: GBT (OTCPINK: $GTCH) Target Radio System for Use in Global Communications for Remote Applications, and C3 AI (NYSE: $AI) Awarded Patent for #AI Suite; #ArtificialIntelligence
Global #AI in #LifeSciences Market to Reach $3.943 Billion by 2025
Point Roberts WA, Vancouver BC – February 26, 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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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:AI)
GBT Technologies Inc. (OTC PINK:GTCH) is targeting development of its long range radio system for use in data and voice global communications for remote applications, with or without internet services. The company intends to use its radio system with its medical and AI technologies (qTerm and Avant!) to enable data and audio communication for long distances, and to provide health monitoring, assistance services and modern online capabilities in remote locations around the world. GBT’s CTO, Danny Rittman, explained:
"GBT's long range radio system is aiming to bring modern life to remote locations around the globe. If it is deep Amazon jungles, faraway geographical locations or the Arctic poles, it is our goal to bring convenience and modernization the same as in modern cities. The system is designed to independently operate on its own radio channel without internet or conventional communication networks enabling full bidirectional interaction. The system will include a GPS module in case satellite services are available but will not be dependent on it. This means that even when GPS signals are not available, for example inside a deep cave, the system will try to establish communication using triangulation methods. If the company is able to install efficient repeaters globally this would allow users to have a constant communication channel. Our goal is to bring safety and accessibility, enabling world's exploration with confidence, ensuring people's well-being and having their daily modern operations anywhere on Earth, according to our motto 'It doesn't matter where, you are never alone.’”
C3.ai, inc. (NYSE:AI) has been awarded an omnibus patent for its end-to-end enterprise AI solution, C3 AI Suite. The suite is described in the press release as “a scalable, production-ready enterprise AI solution that enables organizations to rapidly design, develop, and deploy enterprise-scale AI applications on any public, private, or hybrid cloud environment.” Thomas M. Siebel, CEO of C3 AI, commented:
"This patent is the most significant and substantial we have been awarded to date. When we filed years ago, no one else conceived of a comprehensive, end-to-end solution with a model-driven architecture that accelerates the delivery and reduces the complexity of developing and operating enterprise AI applications. This sweeping patent further extends our leadership and maturity in this market as well as our commitment to protect our IP and our customers, ensuring their ability to rapidly deploy and scale AI with confidence to drive high-value outcomes across their business."
Global AI in Life Sciences Market to Reach $3.943 Billion by 2025
Research published by ReportLinker finds that the global AI in Life Sciences market will grow from $1.255 billion in 2020 to $3.943 billion by 2025, with a compound annual growth rate (CAGR) of 21.1 percent in the forecast period 2021-2026. An excerpt from the report summary outlines the role of clinical trials in the market’s growth:
“…rapid growth in clinical trials and public availability of data is helping and encouraging many research institutes to prefer AI over traditional software solutions so that they can obtain specific results from data available in the public domain without having the entire trial procedure. Additionally, many countries, like China, the United States, and several European countries, are making clinical trial data available in the public domain supporting the growth of AI solutions, globally.”
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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