#CryptoCorner #Podcast 875: #Stocks discussed: (NasdaqGM: $CAN) (NYSEAmerican: $NILE) (TSXV: $CBIT.V)

 

 

 

#CryptoCorner #Podcast 875: #Stocks discussed: (NasdaqGM: $CAN) (NYSEAmerican: $NILE) (TSXV: $CBIT.V)

 

Canaan Has Announced its Q2 Financial Results, BitNile Subsidiary Enters Hosting Agreement, and Cathedra Bitcoin Posts Operational Updates

 

Vancouver, Kelowna, Delta, BC August 18, 2022 -  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.

 

The Investor ideas Crypto Corner was named one of 14 Best Crypto & Blockchain Podcasts for Jun 2022: https://www.yoreoyster.com/blog/best-crypto-podcasts/

 

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Stocks discussed: (NasdaqGM:CAN) (NYSEAmerican:NILE) (TSXV:CBIT)

 

Canaan Inc. (NasdaqGM:CAN) has shared its unaudited financial results for the three months ended June 30, 2022. Highlights from the second quarter include 5.5 million Thash/s of total computing power sold, $246.7 million USD in revenues, and a net income of $90.9 million. Nangeng Zhang, the company’s Chairman and CEO, said:

 

"We went through a challenging second quarter as the Bitcoin (BTC) price continued to tumble down to under US$20 thousand. The COVID-19 containment lockdown in key cities in China also brought severe disruptions to our daily operations and demand for our AI chips. Facing these obstacles, we strived to deliver for our clients and achieved total computing power sold of 5.5 million Thash/s, up 27.5% sequentially. In order to support our global expansion, we further integrated operations overseas in our Singapore international headquarters, which now features a Research and Development team and other operational functions.”

 

BitNile, Inc. (BNI), a wholly-owned subsidiary of BitNile Holdings, Inc. (NYSEAmerican:NILE), has entered into a hosting agreement with Compute North, LLC, securing 20 megawatts of power. According to the press release, this agreement aims to enable BNI to “power roughly 6,500 S19j Pro miners during August and September.” Milton "Todd" Ault, III, the company’s Executive Chairman, said:

 

"We are excited about the new hosting relationship with one of the largest and most established companies in this space. Its expertise is expected to help us accelerate the pace at which we conduct our operations and will maximize overall efficiencies and ultimately profitability."

 

Cathedra Bitcoin Inc. (TSXV:CBIT) has posted some recent operational and corporate updates. This includes the installation of 522 machines from its June batch of Bitmain Antminer S19J Pro machines at a third-party data center in Kentucky, thereby increasing its Bitcoin mining hash rate by 52 PH/s. Drew Armstrong, the company’s President and COO, said:

 

"Over the past several months, we have been hard at work in New Hampshire developing a scalable manufacturing operation. We have used this summer as an opportunity to optimize our manufacturing and fabrication processes; this will allow us to ‘print’ Rovers –the company’s “proprietary bitcoin mining data centers” – in the most time- and capital-efficient manner possible. As globalized supply chains break down, we are working to create a manufacturing powerhouse here in North Country."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

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Breaking #AI #Stock News: GBT (OTCPK: $GTCH) is seeking to develop application specific AI models for its Motion Detection Wireless technology #ArtificialIntelligence

 

Breaking #AI #Stock News: GBT (OTCPK: $GTCH) is seeking to develop application specific AI models for its Motion Detection Wireless technology #ArtificialIntelligence

 

#MachineLearning models are targeted to be applied for #IoT applications

 

SAN DIEGO, CA, August 18, 2022 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), is seeking to develop application specific, AI models for its intelligent, wireless, motion detection patented technology, which has been assigned an internal code name “Apollo”.   The goal of Apollo is to develop AI that would reprogram itself on-the-fly, adjusting its internal recognition data, constantly learning about its environment. Apollo is building up and updating its AI models with new data every nanosecond to improve its knowledge of its surroundings, maintaining a reliable, speed lightning response to changes.

 

Read this in full at https://www.investorideas.com/CO/GOPH/news/2022/08181Motion-Detection-Wireless.asp

 

GBT is now researching the development of specific AI models for the IoT domain. These models aim to adapt the Apollo system for IoT devices to identify changes within rapid-change environments, reason and making the necessary call to execute the best action according to circumstances. Apollo patented technology includes AI algorithms to control and analyze radio wave transmissions and their reflections, constructing accurate 3D/2D imaging in real time. The technology is designed to produce a high-resolution images and live video, understanding its environment. The technology distinguishes between objects and living entities by detecting unique patterns and performing an intelligent surroundings mapping. The Company is researching the development of machine learning models for Apollo with the goal of enabling intelligent computer vision capabilities for IoT systems.

 

The Company released a short video explaining the basic of the Apollo system: https://youtu.be/mPNB-a-yMF8

 

"We believe our Apollo technology can be an effective system for wide range of applications. We believe one of the major domains that Apollo can be adapted into, is the IoT arena. An intelligent autonomous vehicle computer vision implementation would be able to understand a sudden scenery change from multiple perspectives at the same time. Apollo is designed to analyze the data using multidisciplinary methods to understand the problem, reason and execute an appropriate response. We are now researching to develop AI models to work particularly designed within the IoT domain. Since Apollo’s AI is equipped with high resolution responsive practices, rapid scan updates, and integrated real time analysis, it could be a great fit for IoT applications in many fields. We believe we are developing Apollo to serve as an accurate, quick response where computer vision is needed. Apollo sends RF data and analyzes its reflections using machine learning techniques, constructing 3D/2D images and live motion videos in real time. Since its very sensitive to volume changes, it can wirelessly “see” all around. We believe the use of AI models targeted for IoT can be an excellent application to provide a radio based, real-time response computer vision system. Apollo has the capability to understand complex context of scanned images and can be implemented within a wide range of computer vision tasks. One of its main advantages upon other technologies is its capability to understand the big picture. For example, Apollo can determine if an upcoming road tunnel height is 12ft height or 20ft and make a judgement call if it is safe to go through it. Apollo’s great advantage is its capability to understanding its surroundings settings which makes it a great candidate for IoT computer vision solution,” stated Danny Rittman, the Company’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

Investorideas.com

 

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#ExploringMining #Podcast 294 - News from (NYSE: $TRQ) (NYSE: $RIO) (ASX:NCM) (TSXV: $CGP.V) (NYSEAmerican: $MAG) (TSXV: $MTU.V)

 

#ExploringMining #Podcast 294 - News from (NYSE: $TRQ) (NYSE: $RIO) (ASX:NCM) (TSXV: $CGP.V) (NYSEAmerican: $MAG) (TSXV: $MTU.V)        

 

Vancouver, Kelowna, Delta, BC, August 17, 2022 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/081722-Mining.mp3

 

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A Special Committee from Turquoise Hill Resources Ltd. (NYSE:TRQ) has terminated its review of a non-binding proposal from Rio Tinto Group (NYSE:RIO) wherein the latter would acquire full ownership of the former. Rio Tinto, according to the press release, “is disappointed by the decision of the Special Committee and continues to believe that the terms of the Proposed Transaction would deliver compelling value for Turquoise Hill minority shareholders.” Rio Tinto’s Chief Executive of Copper, Bold Baatar, said:

 

"Rio Tinto remains as committed as ever to the long-term success of Oyu Tolgoi. While we are disappointed by this decision, we will continue to work constructively with the Board of Turquoise Hill to advance the Oyu Tolgoi project."

 

Newcrest International Pty Limited, a subsidiary of Newcrest Mining Limited (ASX:NCM), has notified Cornerstone Capital Resources (TSXV:CGP) and its subsidiary Mineral Cornerstone Chile Limitada (MCCL) that it intends to withdraw from the option and farm-in Agreement on MCCL’s Miocene concessions in Chile . This involves the targeting of “epithermal gold-silver and porphyry gold-copper deposits along the interpreted northern extension of the Maricunga magmatic belt that hosts several world-class gold deposits.”

 

MAG Silver Corp. (NYSEAmerican:MAG) has announced its unaudited financial results for the three and six months ended June 30, 2022. Highlights include the processing of 154,069 tonnes of mineralized development and stope material – with 2,207,626 payable silver ounces, 5,119 payable gold ounces, 1,016 payable tonnes of lead and 1,599 payable tonnes of zinc produced and sold. George Paspalas, MAG’s President and CEO, explained:

 

“As we look forward to the final tie-in to the electrical grid at Juanicipio, Q2 continued the trend of strong operational performance with record toll milling through the Saucito and Fresnillo operations and robust cash generation. The project operator Fresnillo reports final tie-in to the power grid is expected in the coming weeks and target ramp-up to 85-90% of nameplate capacity by year end remains within reach.”

 

Manitou Gold Inc. (TSXV:MTU) has reported its board of directors having approved a strategic reorganization of assets, including the possibility to “spin out the nickel-cobalt-PGE commodities from its Goudreau project into a newly incorporated, wholly-owned subsidiary named Western Nickel Corp.” Richard Murphy, the company’s President and CEO, said:

 

“The Spin-Out of Western Nickel by Manitou will be very positive for all shareholders of the Company. Our shareholders will receive new shares of a pure nickel-cobalt-PGE company for no additional consideration, as well as a continued indirect interest in Western Nickel through the interest to be retained in the spun-out company by Manitou. As a result, they will benefit from the upside potential of both a gold focused company, as well as a Ni-Co-PGE company – all within the 366 square km Goudreau project.”

 

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Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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#AIEye #Podcast 717: #Stocks discussed: (OTCPINK: $GTCH) (CSE: $DSAI.C) #artificialintelligence

 

 

#AIEye #Podcast 717: #Stocks discussed: (OTCPINK: $GTCH) (CSE: $DSAI.C) #artificialintelligence

 

GBT Files Patent Application of Auto-Correction of IC Electrical Connectivity, and DeepSpatial Announces New Contract with South Asian Firm

 

Global #AI in #Insurance Market to Reach $45.74B by 2031

 

Vancouver, Kelowna, Delta, BC – August 16, 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) (CSE:DSAI)

 

GBT Technologies Inc. (OTC PINK:GTCH) has filed a nonprovisional patent application for the automatic correction of Integrated Circuits (IC) electrical connectivity mismatches. This, according to the press release, aims “to Auto-Correct the layout, without causing any LVS (Layout-Vs-Schematics), geometrical (DRC), Reliability Verification (RV), and Design for Manufacturing (DFM) violation. Danny Rittman, the company’s CTO, explained:

 

“This technology includes hierarchical auto-correction and other advanced node features. It's a huge challenge to perform such an operation programmatically and we are using our AI technology to manage the vast amount of data processing, performing the challenging mathematical analysis, concluding possible solutions and executing the auto-correction. The IP includes neural networks and advanced algorithms to achieve these functionalities in a very short time, which may take days or weeks to fix manually. The goal of this technology is to introduce another GBT innovative design productivity enhancement tool, enabling IC design firms' significant reduction of their overall projects design time and bring their microchips faster to market.”

 

DeepSpatial Inc. (CSE:DSAI) has received a revenue-generating contract from a leading FMCG (fast-moving consumer goods) company in South Asia. According to the press release, DeepSpatial’s AI-driven platform “empowers its clients to analyze and optimize distribution networks using multivariate geospatial data analysis and outcome modelling tools, in return, helping companies make smarter decisions that make a difference.” DeepSpatial’s CEO, Rahul Kushwah, said:

 

"With the success of our solutions with DFM Foods, we've been focusing more on working with enterprises at a larger scale. Deepspatial is continuously expanding its offerings to enterprises and Government, and we are progressing significantly with the technological development of our platforms across several industries. Growing our technology IP and continuing to execute enterprise and government contracts remains our priority as we strive to build shareholder value for the long term.”

 

Global AI in Insurance Market to Reach $45.74B by 2031

 

A report published by Allied Market Research finds that the global AI in Insurance market is projected to grow from $2.74 billion in 2021 to $45.74 billion by 2031, registering a compound annual growth rate (CAGR) of 32.56 percent in the forecast period 2022-31. AI technology, according to the report’s overview, “helps insurance companies by reducing repeatable tasks from operational teams and in performing more complex actions.” The market is being driven by an “increase in investment by insurance companies in AI & machine learning,” and an “increase in collaboration between insurance companies and AI & machine learning solution companies.”

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GTCH is a paid for featured ai stock. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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