Point Roberts, WA and Vancouver, BC – November 5, 2021 (Investorideas.com Newswire) 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:GTCHD).
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AI Eye Podcast 622: Stocks discussed: (OTCPINK: $GTCHD) (NYSE: $PBI) (NYSE: $KD)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCHD) (NYSE:PBI) (NYSE:KD)
GBT Technologies Inc. (OTC PINK:GTCHD) has announced that it is now architecting its GEN II long range radio system, with the internal code name: Infinia. According to the press release, this version will be integrated with GBT’s AI technology, allowing for “the design and implementation of smart applications in both the civil and military domains.” GBT’s CTO, Danny Rittman, explained:
“In [the] GEN II version we plan to implement our AI technology for a constant reading and analysis of the ionosphere conditions. Based on the AI analytics, the system will automatically adjust the frequency, antennae type, power and angle. Machine learning cognitive capabilities will enable constant study of weather and ionosphere conditions, and make automatic adjustments to ensure clear, secure and reliable communications at all times. One of the efficient implementations of our system is in the tracking and IoT domains. Intelligent algorithms will learn about an object’s location/moves and will be able to predict its location in case of disappearance, with or without GPS services. The long-range radio tracking system will be managed via intelligent triangulation algorithms for geographical tracking in real time. The GEN II architecture can be also efficiently adapted for civil and military applications, for example remote location emergency response and telemedicine, worldwide rescue, and remote internet services. The Infinia GEN II system will operate via private, secured, network protocol, offering intelligent, reliable voice and data radio communication throughout various landscape and weather conditions.”
Pitney Bowes Inc. (NYSE:PBI) has partnered with IT infrastructure provider Kyndryl Holdings, Inc. (NYSE:KD) “for an ambitious technology transformation aimed at advancing its global business objectives.” This includes the harnessing of “artificial intelligence, advanced analytics, and hybrid cloud capabilities to help Pitney Bowes create and implement an agile IT infrastructure environment and governance model designed to unleash the potential of its hybrid cloud environments.” Matt Milton, President of Kyndryl U.S., said:
“At Kyndryl, we are applying our digital transformation expertise, IT infrastructure knowledge, and transformation techniques to advance the progress of our customers. We are applying the power of technology, people and processes to support Pitney Bowes ambitious hybrid cloud vision that is enhancing its operations and delivering new innovations to its customers.”
Global AI Robots Market to Reach $35.3B by 2026
Research published by ReportLinker finds that the global AI Robots market will grow from $6.9 billion USD in 2021 to $35.3 billion by 2026, registering a compound annual growth rate (CAGR) of 38.6 percent during the forecast period. The report’s summary cites the “rise in demand for industrial robots and rise in adoption of AI robots in the healthcare industry to control Covid-19,” as being major drivers in the market. An excerpt highlights the role of Machine Learning:
Machine learning technology held the largest size of the AI robots market, and it is expected to witness significant growth during the forecast period. The growth of the market for machine learning technology-based AI robots can be attributed to their wide scale adoption in voice recognition, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection applications.
Sam Mowers, Investorideas.com
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