Wednesday, September 08, 2021

#AIEye #Podcast 600: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $WFC)

#AIEye #Podcast 600: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $WFC)

GBT Concludes Large-Scale Testing for qTerm Gen III and Wells Fargo Launches AI-Powered “Integrated Receivables”

Global #AI Market to Reach $171.02B in 2025

Point Roberts WA, Vancouver BC – September 8, 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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Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/09081GTCH-WFC.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) (NYSE:WFC)

GBT Technologies Inc. (OTC PINK:GTCH) has announced the conclusion of large-scale testing for its qTerm GEN III prototype human vital signs device device. This third generation release, according to the press release, boasts “a series of enhancements for higher accuracy, consistency, and visual feedback to support broader user's usages and behaviors.” CTO Danny Rittman explains:

"GEN III version improvements will significantly increase the device's overall performance, accuracy, and consistency, and with its accompanied web application widget, it can offer a real time medical information observation in remote places or simply from home. Our Artificial Intelligence technology is aimed to process the widget data and provide 24/7 medical monitoring in a later stage. The web widget will be soon available on qTerm's website at www.qterm.me. As a courtesy for the public, we will provide a demo device data for demonstration purposes. During the next few months we plan to conclude the qTerm device and approach potential domain for its commercialization. We believe that this type of technology can become an essential health monitoring assistant at any time and place, keeping our lives healthier and safer.”

Wells Fargo & Company (NYSE:WFC) has launched a new Accounts Receivable (AR) service called Integrated Receivables, which leverages artificial intelligence, machine learning, and robotic processing to “help simplify payment and remittance data capture, re-association, and invoice matching.” Danny Peltz, head of Treasury Management & Payment Solutions for Wells Fargo, explained:

"Integrated Receivables allows our clients to spend less time working on piecing together payments data and more time focusing on their core business objectives. By automating the capture of payments and the matching of funds to invoices, Integrated Receivables can help produce significant operational cost savings, reduce the risk of incomplete or inaccurate data entry, and accelerate cash flow."

Global AI Market to Reach $171.02B in 2025

A report published by Research and Markets finds that the global market for AI is projected to grow from an estimated $51.56 billion in 2021 to $171.02 billion in 2025, registering a compound annual growth rate (CAGR) of 35 percent in the forecast period. An excerpt from the report’s summary outlines factors influencing the market’s growth:

Growing investment in AI technologies contributed to the growth of the Artificial intelligence market. Many companies are investing in AI technologies or AI start-ups to increase the efficiency of AI software as AI enables them to make more informed decisions and achieve better results. For instance, Microsoft has invested around $1 billion in OpenAI, a San Francisco company. The two companies had formed a partnership to develop AI supercomputing technologies on Microsoft's cloud Azure. AI is useful across multiple sectors. For instance, AI can lead to breakthroughs in R&D and diagnostics in the healthcare sector, it can help make better forecasts in finance, and in manufacturing, it can increase production controls and efficiency. Therefore, the rise in investment in AI technologies due to its advantages in every sector is driving the market for the Artificial Intelligence market.

Sam Mowers, Investorideas.com

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#CryptoCorner #Podcast 669: #Stocks discussed: (NasdaqGM: $BITF) (TSXV: $BNXA.V) (TSXV: $NDA.V)

#CryptoCorner #Podcast 669: #Stocks discussed: (NasdaqGM: $BITF) (TSXV: $BNXA.V) (TSXV: $NDA.V)

Bitfarms Reaches Agreement with City of Sherbrooke and Publishes Update, Banxa Holdings Announces “Takeoff with Banxa” Initiative, and Neptune Digital Expands US Operations with New Miner Order

Point Roberts, WA, Delta BC September 8, 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.

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https://www.investorideas.com/Audio/Podcasts/2021/090821-CryptoMarket.mp3

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Stocks discussed: (NasdaqGM:BITF) (TSXV:BNXA) (TSXV:NDA)

Bitfarms Ltd. (NasdaqGM:BITF) has reached an agreement with the City of Sherbrooke, Québec, Canada, to develop 96 MW of hydropower on an expedited basis. This, according to the press release, “advances the Company’s growth goals of 3 Exahash by first quarter 2022 and 8 Exahash by year-end 2022.” Emiliano Grodzki, CEO of Bitfarms, explained:

“This agreement is a ‘win-win-win’ for the City, its residents, and for Bitfarms. We regret the inconvenience to those citizens of Sherbrooke who have been affected by the noise from our Rue de la Pointe facility. We have invested considerable resources to be attentive to their expectations and are committed to meeting with them to address their concerns. Bitfarms is dedicated to social responsibility globally and within the communities in which we operate. The City of Sherbrooke is important to us, and this agreement demonstrates our desire to work with and support our local communities as we achieve our growth goals.”

Bitfarms also today published a Bitcoin (BTC) production and operations update. Highlights include the mining of 354 new bitcoins in August, and a total of 2,102 bitcoin mined for the first eight months of 2021. The company also anticipates the delivery of 7,230 Bitmain S19j Pros before the end of September. Grodzki commented:

“As we execute on our expansion plans, we are excited to surpass 2 Exahash per second in the coming months and continue to add most of our mined Bitcoin to treasury at an even faster rate than in the first half of 2021.”

Banxa Holdings Inc. (TSXV:BNXA) has announced its "Takeoff with Banxa'' Initiative revealing new branding, new additions to the global management team, and new corporate initiatives. Banxa CEO Holger Arians said:

"We've been scaling rapidly for the last 18-24 months, and it's important for us to communicate these changes to the market and our investors. We see a massive opportunity for continued and sustainable growth throughout the digital asset industry - the conversations we are having with our partners show us that we are on the right track with our development - incumbent and aspiring digital asset companies are telling us that they want greater compliance and transparency, better understanding of regulation, and stronger processes around conversion. We have positioned our business to be able to better meet these demands."

Neptune Digital Assets Corp. (TSXV:NDA) has purchased an additional set of new Antminer S19 Pro next-generation Bitcoin ASIC mining machines as part of the expansion of its US operations. Expected to be delivered in the coming months, this order is expected to produce a combined hashrate of 53,000 terahash per second (TH/s).

Sam Mowers, Investorideas

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#Metals/ #GreenEnergy #Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB:$DFMTF) Commences 2021 Wicheeda Rare Earth Element Deposit Resource Expansion and Definition Diamond Drill Program;

@DefenseMetals

Vancouver, British Columbia, September 8, 2021 –Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce commencement of diamond drilling at its Wicheeda Rare Earth Element (REE) deposit. The Company plans to complete up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources.

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/09081DEFN-Wicheeda-Rare-Earth-Element.asp

The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO1.

During 2019, the Company completed 13 diamond drill holes totalling 2,005 metres that expanded the Wicheeda deposit to the north, where it remains open, and further delineated the relatively higher-grade, near surface dolomite carbonatite. The 2019 drill campaign yielded one of the highest grade REE intercepts to date within drill hole WI19-31 that returned 4.43% LREO over 83 metres; including 5.47% LREO over a drill core interval of 33 metres ending in mineralization2. The 2019 exploration resulted in a 49% tonnage and 30% grade increase in mineral resources (see Defense Metals News Release Dated May 13, 2020).

The 2021 Wicheeda diamond drill program is designed to build on the successes of the 2019 campaign in support of future advanced economic studies. The 2021 drill program will focus on expanding the zone REE mineralized dolomite-carbonatite to the north, in addition to further delineating existing inferred resources within the central and northwestern areas of the deposit (Figure 1). A comprehensive campaign totalling 32 holes from seven drill pads ranging in depth from 75 to 225 metres over a 400 metre north-south strike extent is planned.

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is excited to commence its 2021 resource expansion and delineation diamond drilling at Wicheeda. We expect completion of the 2021 campaign will further solidify Wicheeda as one of the premier north American REE assets, and subject to a successful PEA, leave us well positioned to initiate further advanced economic studies.”

1 Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

2 The true width of REE mineralization is estimated to be 70-100% of the drilled interval. See Defense Metals News Release Dated November 27, 2019.

Figure 1. Wicheeda REE Deposit 2021 Drill Plan

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd. Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the ongoing optimization test work and the expected outcomes, operation of a future hydrometallurgical pilot plant, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

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