#AIEye #Podcast: #AI #Stocks in the News: (OTCPINK: $GTCH) (NYSE: $ACN)
GBT’s Patent Application for qTerm Human Vitals Device Granted, and Accenture Ventures Invests in Stardog
Global #AI in #Accounting to Reach $39.57B by 2030
Vancouver, Kelowna, Delta, BC – May 10, 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:ACN)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that the non-provisional patent application for qTerm – its machine learning-driven human vitals device – was granted on May 2, 2023. The qTerm is described as “an intelligent, electronic health device to measure human vitals with a touch of a finger,” and GBT “successfully completed the development of a fully working prototype in 2022 including robust testing, debugging and a participant's study.” In particular, the qTerm measures human body temperature, blood oxygen, heart rate vitals, and the company intends to include blood pressure measurement and enhanced, AI-driven analytics in future releases.
Accenture (NYSE:ACN), through Accenture Ventures, has made a strategic investment in Stardog, described as “a leading enterprise knowledge graph platform enabling organizations to do more with, and achieve greater value from, their data in this age of generative artificial intelligence (AI).” Tom Lounibos, managing director, Accenture Ventures, explained:
"For most large enterprises, the real value of generative AI will come from customizing and fine-tuning large language models and using their own collected data to address their unique business needs. Foundation models need vast amounts of curated data to learn and that makes solving the data challenge an urgent priority for every business. This is precisely where Stardog’s Enterprise Knowledge Graphs can make a difference by helping organizations unify and optimize their data for this new era of generative AI."
Global AI in Accounting to Reach $39.57B by 2030
A report published by SNS Insider finds that the global market for AI in Accounting is projected to grow from $1.99 billion USD in 2022 to $39.57 billion by 2030, registering a compound annual growth rate (CAGR) of 45.31 percent in the forecast period 2023-30. The following excerpt from the report’s description outlines the impact of AI technology in the Accounting space:
Artificial intelligence (AI) has risen to prominence as a result of its capacity to learn and adapt. AI is significantly more advantageous for data-driven businesses like accounting and finance since it not only performs without human interference but also extracts correct results from a big quantity of data. While the need for AI in digital marketing and finance is skyrocketing, the accounting industry is reporting broad use of the technology.
Sam Mowers, Investorideas.com
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