Investor Ideas, Trading Ideas and Stocks to Watch : #AIEye #Podcast 539: #Stocks discussed: (OTC: $GTCH) (NYSE: $ACN) (OTC: $SOMMY)

Thursday, April 01, 2021

#AIEye #Podcast 539: #Stocks discussed: (OTC: $GTCH) (NYSE: $ACN) (OTC: $SOMMY)

#AIEye #Podcast 539: #Stocks discussed: (OTC: $GTCH) (NYSE: $ACN) (OTC: $SOMMY)

GBT Files Nonprovisional Patent for Systems and Methods of Facial/Body Recognition, and Accenture Establishes a JV with Sumitomo Chemical Company

Global #Chatbot Market to Reach $10.5B by 2026

Point Roberts WA, Vancouver BC – April 1, 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:ACN) (OTC:SOMMY)

GBT Technologies Inc. (OTC PINK:GTCH), along with GBT Tokenize Corp., has filed a nonprovisional patent with the U.S. Patent and Trademark Office (USPTO) for systems and methods of facial and body recognition identification and analysis. According to the press release, the “invention relates to systems and methods for learning and recognizing features of an image such as a human face and unlocking functions for any computer or smartphone screen based on facial and body recognition, including covered face or body.” An excerpt reads:

The invention, in its many embodiments, alleviates to a great extent the disadvantages of known devices, systems, and methods by providing an AI-based computer vision systems and methods to lock and unlock a mobile device such as a smartphone with or without face (mask) coverage. The user trains the system once without a face cover (mask). After the initial training, the system is capable of identifying the user's facial features with or without a face cover or facemask, and is capable of locking or unlocking a smartphone/electronic device. After learning the user's body's features, the system can monitor bodily changes like weight gain and other changes, alerting the user in real time.

Accenture (NYSE:ACN) and Sumitomo Chemical Company, Limited (OTC:SOMMY) have established a joint venture called SUMIKA DX ACCENT, which leverages AI, data analytics and other technologies to transform operations and create new businesses at Sumitomo Chemical Group. Masafumi Takei, managing director of Resources at Accenture in Japan, explained:

"In order to lead the digital transformation successfully, it is essential to reimagine businesses and operations and strengthen the talent using technology such as data analytics and AI; it’s not about just adopting new technology for technology’s sake but rather about choosing the right solutions and making sure people are comfortable using them. Accenture will leverage our deep industry expertise and ingenuity to ensure that the joint venture serves as a digital innovation engine for Sumitomo Chemical Group."

Global Chatbot Market to Reach $10.5B by 2026

A report published by Research and Markets finds that the global Chatbot market is expected to grow from $2.9 billion in 2020 to $10.5 billion by 2026 with a compound annual growth rate (CAGR) of 23.5 percent in that forecast period. An excerpt from the report’s description reads:

The adoption of chatbot solutions is considerable and is projected to grow at a good pace in the coming years. One of the factors contributing to the growth of the chatbot market is the advent of technologies, such as analytics, AI, and cloud, which enable various industries to organize their operations. Furthermore, the increasing customer demand for self-services is accelerating the adoption of chatbots, thus offering a competitive advantage to businesses.

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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