#AIEye #Podcast 674: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $BKR) (NYSE: $AI) (NYSE: $ACN) (NasdaqGS: $MSFT) #artificialintelligence
GBT Concluding qTerm Device, and Baker Hughes Announces Industrial Asset Management Collaboration
Global #Automotive #AI Market to Reach $7.67B by 2028
Vancouver, Kelowna, Delta, BC – March 23, 2022 – 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) (NasdaqGS:BKR) (NYSE:AI) (NYSE:ACN) (NasdaqGS:MSFT)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is concluding its qTerm vitals device with temperature measurement enhanced algorithms, with the goal further improving its accuracy and feedback. Danny Rittman, the company’s CTO, explained:
"Our Artificial Intelligence technology is the system's brains and will be trained with the user's vitals data. It will process the data, keep history, perform analytics, and provide an ongoing, personal health monitoring. The system will have API capabilities to easily connect to hospitals and clinics computerized health systems. We are now looking into qTerm's commercialization and evaluating production possibilities. The fact that qTerm's readings can be viewed worldwide, we believe this makes it a robust telemedicine technology to keep our lives safer and healthier.”
Energy tech firm Baker Hughes (NasdaqGS:BKR) has announced a collaboration with C3.ai, Inc. (NYSE:AI), Accenture (NYSE:ACN), and Microsoft (NasdaqGS:MSFT) on industrial asset management (IAM) solutions for clients in the energy and industrial sectors. According to the press release, C3 AI will “provide a flexible artificial intelligence (AI) application development platform that complements Baker Hughes technologies as well as extensive experience developing and deploying applications at scale for a wide range of equipment used across industries.” C3 AI Chairman and CEO Thomas M. Siebel said:
"This is an important effort, and we’re excited to participate in providing the core Enterprise AI technology. Enterprise AI software is critical for increasing performance and ROI from industrial assets management solutions."
Global Automotive AI Market to Reach $7.67B by 2028
A report published by Vantage Market Research finds that the global Automotive AI market will grow from $1.49 billion USD in 2021 to $7.67 billion by 2028, registering a compound annual growth rate (CAGR) of 31.3 percent over the forecast period 2022-28. An excerpt from the report’s description outlines factors influencing the market’s growth:
The rise in demand for autonomous vehicles, as well as a preference for enhanced user experience and convenience features, are driving the growth of the Automotive Artificial Intelligence market during the forecast period. On the contrary, a rise in demand for premium vehicles is expected to provide the market with high paying growth opportunities in the coming years. The threat of hackers and the rise in cybercrime, on the other hand, are expected to limit market growth of the market during the forecast period.
Sam Mowers, Investorideas.com
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