#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NYSE: $IBM) (NasdaqGS: $MRNA)
GBT Receives Issue Notification for qTerm Patent, and IBM Announces Agreement with Moderna to Explore Generative AI for mRNA
Global Generative #AIMarket to Reach $51.8B by 2028
Vancouver, Kelowna, Delta, BC – April 20, 2023 – 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:IBM) (NasdaqGS:MRNA)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that it received an issue notification that a patent will be granted on May 2, 2023, for its qTerm. qTerm is described as a machine learning-driven intelligent, electronic health device to measure human vitals with a touch of a finger. The company has already successfully completed the development of a fully working prototype of the device in 2022, which included robust testing, debugging and a participant study. The first release of qTerm measures body temperature, blood oxygen and heart rate vitals, but future releases are planned to include blood pressure measurement and enhanced, AI-driven analytics.
IBM (NYSE:IBM) has announced an agreement with Moderna, Inc. (NasdaqGS:MRNA), wherein the latter will “explore next generation technologies including quantum computing and artificial intelligence to advance and accelerate mRNA research and science.” Stéphane Bancel, CEO of Moderna, said:
"Since our inception, we have always strived to be at the forefront of cutting-edge technology, leveraging innovations to deliver the greatest possible impact to people through mRNA medicines. We are excited to partner with IBM to develop novel AI models to advance mRNA science, prepare ourselves for the era of quantum computing, and ready our business for these game-changing technologies. We are aiming for breakthrough advances with quantum computing, so we are investing now in building a quantum-ready workforce, to be fully prepared to harness the power of this technology."
Global Generative AI Market to Reach $51.8B by 2028
Research published by ReportLinker finds that the global market for Generative AI is projected to grow from $11.3 billion USD in 2023 to $51.8 billion by 2028, registering a compound annual growth rate (CAGR) of 35.6 percent in the forecast period. Factors contributing to the growth, according to the report, include the “innovation of cloud storage enabling easy access to data, evolution of AI and deep learning and rise in the era of content creation and creative applications.” A further excerpt from the report’s summary outlines the growing role of Generative AI in media & entertainment:
Generative AI is enabling media & entertainment companies to create compelling and unique content faster and more efficiently than traditional methods.For instance, generative AI is being used to create virtual sets and characters for films and TV shows, which can save time and money on production costs.
In the music industry, generative AI is being used to create new and innovative sounds and styles.In gaming, it is being used to generate game worlds and characters in real-time, providing players with a more immersive experience.
Sam Mowers, Investorideas.com
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