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Friday, July 16, 2021

#AIEye #Podcast 580: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $AMZN); #artificialintelligence

#AIEye #Podcast 580: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $AMZN); #artificialintelligence

GBT Launching Larger Scale Testing for qTerm GEN II, and AWS Announces General Availability of ML-Powered Amazon HealthLake

#AI #Infrastructure Market to Reach $79.3B by 2026

Point Roberts WA, Vancouver BC – July 16, 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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https://www.investorideas.com/Audio/Podcasts/2021/071621-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/07161GTCH-AMZN.asp

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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:AMZN)

GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is launching larger scale testing for its qTerm GEN II prototype device, which will include a series of enhancements for higher accuracy, consistency and compatibility with a broader spectrum of user's usage and behavior. The company’s CTO, Danny Rittman, explained:

"We are expanding our qTerm's testing scale as phase I testing produced very successful results. qTerm GEN II has proven to offer better compatibility for the general population with accurate results and overall reliability. Phase II testing will include a larger number of users within a wider age group, diverse health conditions, lifestyle and occupation. We are interested to learn more about how, where and when people will be using the device, throughout their daily lives. We will evaluate the qTerm prototype for the user's measurement habits and record the data for further analysis. GEN II version improvements significantly increase the device's overall performance, accuracy and consistency. We target the larger scale testing to be used as part of the potential FDA certification process. qTerm's device is planned for personal and telemedicine usages. Based on the larger scale data we expect to fine tune the device's software and mobile application. The device is planned to include an Artificial Intelligence technology that will be offering personal calibration, real-time health statistics and monitoring. One of the major aspects for our larger testing group is to get more data about the devices ease of use and user friendliness aspects. The larger scale testing is planned to take about 30 days, which shortly after, we plan to start creating a commercial version to be handed in. We have a wide variety of potential business partners and customers for qTerm and believe that it can be an efficient health monitoring device. As part of our thorough quality assurance processes we are on a constant mission to ensure the device's highest performance, bringing it to the highest standards and industry's regulations.”

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), has announced the general availability of Amazon HealthLake, described in the press release as “a HIPAA [Health Insurance Portability and Accountability Act] eligible service for healthcare and life sciences organizations to ingest, store, query, and analyze their health data at scale,” which employs machine learning. Swami Sivasubramanian, Vice President of Amazon Machine Learning for AWS, said:

"More and more of our customers in the healthcare and life sciences space are looking to organize and make sense of their reams of data, but are finding this process challenging and cumbersome. We built Amazon HealthLake to remove this heavy lifting for healthcare organizations so they can transform health data in the cloud in minutes and begin analyzing that information securely at scale. Alongside AWS for Health, we’re excited about how Amazon HealthLake can help medical providers, health insurers, and pharmaceutical companies provide patients and populations with data-driven, personalized, and predictive care."

AI Infrastructure Market to Reach $79.3B by 2026

A report published by Markets and Markets finds that the global AI Infrastructure market is expected to grow from $23.7 billion in 2021 to $79.3 billion by 2026 with a compound annual growth rate (CAGR) of 27.3 percent in the forecast period. An excerpt from the report’s description outlines the impact of COVID-19 on the market:

The COVID-19 pandemic is an accelerator for AI technology, helping people around the world get more and more comfortable with leveraging these tools for many applications, including healthcare. The adoption of remote patient monitoring, decoding genomic sequence for drug development, healthcare chatbots, and enhancement of CT scans using AI technology in diagnosis is expected to gain momentum during and after the COVID-19 pandemic.

Post-COVID-19, the manufacturing sector is expected to adopt smart manufacturing processes using AI, IoT, and blockchain technologies. Companies can reduce costs, increase process efficiency, and reduce human contact significantly by adopting these technologies. Currently, AI is being used for predictive maintenance and will further be implemented to forecast demand and returns in the supply chain.

Several industries are adversely affected by this pandemic, but some industries are benefiting from this pandemic as well. However, the adoption of AI is expected to grow in the coming years.

Sam Mowers, Investorideas.com

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Disclosure: GTCH is a paid featured AI stock on investor ideas

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#CryptoCorner #Podcast 633: #Stocks discussed: (NYSE: $BAC) (NasdaqGS: $PYPL) (NYSE: $SQ) (TSXV: $CSTR.V)

#CryptoCorner #Podcast 633: #Stocks discussed: (NYSE: $BAC) (NasdaqGS: $PYPL) (NYSE: $SQ) (TSXV: $CSTR.V)

Bank of America Approves Limited #Bitcoin Futures Trading, PayPal Increases #Crypto Purchase Limit, Square Creating Bitcoin-Focused Platform, and CryptoStar Announces Equipment Hosting Agreement

Point Roberts, WA, Delta BC July 16, 2021 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/071621-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/07161BAC-PYPL-SQ-CSTR.asp

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Stocks discussed: (NYSE:BAC) (NasdaqGS:PYPL) (NYSE:SQ) (TSXV:CSTR)

CoinDesk reports that the U.S.’s second-largest bank, Bank of America (NYSE:BAC), has approved Bitcoin (BTC) futures trading for some clients, according to two anonymous sources “with knowledge of the matter.” An excerpt from the article reads:

Like most institutions, the bank has been conservative in its approach to the crypto sector, but due to the large amount of margin required to trade the futures, it is now allowing some clients to access the crypto market, one of the sources said. Some clients are setting up to trade bitcoin futures, which are cash settled, and one or two may have already gone live, the other source said.

CNBC reports that PayPal (NasdaqGS:PYPL) has increased the amount of cryptocurrency users can purchase to $100,000 USD, a 5x increase. The company’s $50,000 annual limit has also been discarded. Jose Fernandez da Ponte, PayPal’s vice president and of blockchain, crypto and digital currencies, said:

“These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.”

Square, Inc. (NYSE:SQ) is creating a new Bitcoin-focused platform for financial services, according to a series of tweets from CEO Jack Dorsey yesterday. Dorsey tweeted:

Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD.

Like our new #Bitcoin hardware wallet, we’re going to do this completely in the open. Open roadmap, open development, and open source.

CryptoStar Corp. (TSXV:CSTR) has executed an equipment hosting agreement with an unnamed U.S. based company effective July 14, 2021 for up to 8 MW of mining capacity at its data centre facility in Utah, USA. The company also “plans to continue to further expand its data centre operations in Alberta, Canada by partnering with large cryptocurrency miners seeking operating locations in North America.” CryptoStar President and CEO, David Jellins, said:

"We are seeing unprecedented levels of demand for power from international mining organizations, and we are looking forward to taking full advantage of our power supply agreement in Alberta, Canada at amongst the lowest power rates available in North America."

Sam Mowers, Investorideas

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#Cleantech/ #Energy #Stock news- FOOTHILLS EXPLORATION, INC. (OTC: $FTXP) ANNOUNCES JOINT VENTURE TO DEVELOP #DRONE-BASED NATURAL #HYDROGEN AND #HELIUM DETECTION #TECHNOLOGY; @Foothills_FTXP

#Cleantech/ #Energy #Stock news- FOOTHILLS EXPLORATION, INC. (OTC: $FTXP) ANNOUNCES JOINT VENTURE TO DEVELOP #DRONE-BASED NATURAL #HYDROGEN AND #HELIUM DETECTION #TECHNOLOGY; @Foothills_FTXP

LOS ANGELES, July 16, 2021 ( Investorideas.com newswire ) Breaking energy/cleantech stock news –New Energy Ventures, LLC (“NEV”), a wholly owned indirect subsidiary of Foothills Exploration, Inc. (OTC: FTXP), signed a binding letter of intent with Perspectum Drone Inspection Services Ltd. (“PDIS”), to create and fund a new enterprise dedicated to developing and commercializing PDIS’s drone-based natural hydrogen and helium detection technology.

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2021/energy/07161FTXP-Joint-Venture.asp

New Energy Ventures and PDIS will collaborate to jointly develop the early stage technology further, produce a working protype and refine the business model for commercialization. “It is important that we all do our part to help reach an energy efficient low carbon future. NEV plans to contribute to this mission by partnering with talented entrepreneurial management teams to develop technologies that will help protect our planet and reduce our carbon footprint,” said Tara Roberts CEO of New Energy Ventures, LLC.

"Perspectum is pleased and excited to collaborate with New Energy Ventures in the search for naturally occurring, native hydrogen – the only realistic approach to a net zero energy source. For the past two years, Perspectum has been developing drone-based/AI-driven, multi-sensor arrays for methane detection in the oil and gas industry allowing clients to meet the ever-increasing reporting and compliance requirements focused on greenhouse gas emissions. Developing a drone-based detection system to identify natural hydrogen emanations is a logical progression for our Company," said Ty Pfeifer, CEO of Perspectum. "We obviously want to be on the leading edge of this rapidly growing trend and the synergies of the partners in this collaboration create a strong organization," continued Pfeifer.

About Hydrogen

Hydrogen, the most abundant element on Earth, has become a key component of the global energy transition to zero-carbon energy and provides numerous opportunities for attractive financial returns. Hydrogen is also gaining unprecedented economic and political momentum globally as an alternative net-zero energy vector and a complement to the ‘electrify everything’ movement. Bank of America forecasts that the hydrogen industry is at a tipping point and headed to $11 trillion, with hydrogen production projected to see a 5000% increase by 2026. Global demand for clean and green energy continues to increase rapidly, coupled with the need to optimize production, and minimize greenhouse gas emissions. Energy companies will increasingly need to embrace the concept of clean tech by focusing on both the tools and processes to solve such challenges. The field of natural (or native) hydrogen exploration has recently emerged on the international stage as a potentially viable alternative production method with costs projected to be significantly lower than steam methane reforming (“grey hydrogen”) and electrolysis using renewable energy (“green hydrogen”).

About Helium

Helium is the second-most abundant element on Earth but finding helium is incredibly challenging. Almost every known helium reserve was discovered by accident, and the helium produced was merely a byproduct of natural gas exploration and production. The United States has been the largest producer of helium since 1925, but production has slowed causing a shortage and driving up the cost of helium significantly. Recent prices for bulk helium reached $280/mcf and the current global market for bulk helium is estimated at USD $2.7 billion. Helium’s unique physical and chemical characteristic makes it a high-value, non-renewable commodity with numerous applications in critical fields of industry and technology. NEV plans to explore for new helium reserves utilizing its drone technology to assist in the effort to mitigate the global shortage.

About Foothills Exploration, Inc.

Foothills Exploration, Inc. (“FTXP” or the “Company”), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

About Perspectum Drone Inspection Services Ltd.

Perspectum Drone Inspection Services, Ltd. (“PDIS”) is a Canadian company based in Calgary, Alberta. PDIS’ novel drone platform integrates AI with high resolution flight video, optical gas imaging cameras and leading-edge software to provide clients with superior post flight presentation, reporting and data storage.

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

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