Vancouver, Kelowna, Delta, BC – January 31, 2023 (Investorideas.com Newswire) 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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AI Eye Podcast 754: Stocks discussed: (OTCPINK: GTCH) (TSX: IMP)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (TSX:IMP)
GBT Technologies Inc. (OTC PINK:GTCH) has received a notice of allowance from the United States Patent and Trademark Office (USPTO) regarding its nonprovisional patent application for automatic correction of Integrated Circuits electrical connectivity mismatches, codenamed “Sigma”. According to the press release, Sigma “describes programmatic algorithms to automate integrated circuits electrical connectivity mismatches correction with the goal of achieving faster and more efficient designs, particularly for advanced nanometer range of 5nm and below.” Danny Rittman, the company’s CTO, explained:
“The correction process involves the identification of existing wrong connections, disconnecting them, and re-routing them correctly. The non-provisional patent application includes a summary of an AI technology to manage the data processing, performing the challenging mathematical analysis, concluding possible solutions and the execution of an auto-correction function We believe this technology is an innovative design productivity enhancement, which has the ability to enable IC design firms to achieve reduction of their overall projects design time and to bring their microchips to market faster, which in turn may create new horizons for the semiconductor industry.”
3D geospatial products and intelligence solutions firm Intermap Technologies Corporation (TSX:IMP) has been awarded its first task orders under the U.S. Defense Department’s JANUS contract. The task order, which was completed within 48 hours, involved the provision of geospatial products for a federal intelligence agency that were processed using Intermap’s advanced AI/ML technology. Patrick A. Blott, Intermap’s Chairman and CEO, said:
“Supporting the U.S. DOD’s mission to advance integrated precision warfare with rapid and precise geospatial intelligence is a privilege and strategic imperative for Intermap. These awards, and more like them, will drive our business forward by incorporating proprietary, commercial AI/ML capabilities that deliver timely GEOINT decision-making at worldwide scale, on-demand, at the operating tempo of U.S. government intelligence agencies.”
Global AI Orchestration Market to Reach $35.2B by 2031
A report published by Allied Market Research finds that the global market for AI Orchestration is projected to grow from $5.2 billion USD in 2021 to $35.2 billion by 2031, registering a compound annual growth rate (CAGR) of 21.5 percent in the forecast period 2022-31. According to the report’s summary, AI Orchestration solutions “help enterprises operationalize artificial intelligence (AI) enabling scalability and growth,” by employing technologies such as machine learning and AI assistants with data preparation, model building and deployment, and insight generation.” An excerpt from the report overview reads:
The AI orchestration market has witnessed significant growth in the past few years, and is expected to further exhibit notable growth, due to the outbreak of the COVID-19 pandemic. This is attributed to the surge in need of artificial intelligence-based solution & services among enterprises for improving their customers’ needs and to upsurge their revenue opportunity. In addition, use of AI orchestration technologies for managing the growing volume of data generated from various devices in an organization drives the growth of the market.
Sam Mowers, Investorideas.com
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About GBT Technologies Inc.
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.
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