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home / news releases / GTCH - AI Eye Podcast: GTCH TREN SPT


GTCH - AI Eye Podcast: GTCH TREN SPT

2023-04-11 12:40:00 ET

Vancouver, Kelowna, Delta, BC - April 11, 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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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

GBT and Trend Innovation Holdings Successfully Test Avant! AI in Cybersecurity, and Sprout Social Launches New AI Features

Stocks discussed: (OTCPINK:GTCH) (OTC:TREN) (NasdaqCM:SPT)

GBT Technologies Inc. ( OTC PINK:GTCH ) and AI-based information technology firm Trend Innovation Holdings, Inc. ( OTC:TREN ) have announced that they have mutually and successfully tested Avant! AI in a theoretical cybersecurity incident simulation. Avant! AI, according to the press release, "proved to have superior capabilities when performing real-time cyber incident analysis, identifying weak spots, assessing the impact experienced across the organization, and recommending immediate technical remediation methods in the $200+ billion Global Cybersecurity market." Natalija Tunevic, President and CEO of TREN, explained:

"The Global Cybersecurity Market was valued at $220.51 billion in 2021, and the worldwide cybersecurity market is expected to reach $501.6 billion by 2030. Our Avant! AI machine learning technology will help the Company to compete for a substantial percentage of this ever-growing market. Avant! AI was trained to analyze the cybersecurity incident in our simulation by pointing out threats and vulnerabilities, prioritizing remediation methods, and recommending a course of action for recovery.

Avant! also proved to have superior capabilities by successfully recommending efficient response strategies to contain, eradicate and recover from the cyber incident. Finally, it also evaluated and recommended communication strategies during the incident, internally and publicly."

Cloud-based social media management software provider Sprout Social, Inc. ( NasdaqCM:SPT ) has announced the launch of a series of new AI features across its platform that combines the power of Sprout's proprietary machine learning (ML) and deep automation capabilities with OpenAI's GPT model. Justyn Howard, CEO and Co-Founder of Sprout Social, said:

"The rapid advancements in AI require us to be intentional and bring the most valuable aspects to our customers, tailored to the unique challenges of social business. Impactful and intuitive AI will be ready to use and fit seamlessly into current workflows while vastly improving them. This will deliver incredible value to our customers and empower them to unlock even greater ROI from social."

Global Edge AI Hardware Market to Reach $7.97B by 2032

A report published by Polaris Market Research finds that the global Edge AI Hardware market is projected to grow from $1.15 billion USD in 2022 to $7.97 billion by 2032, registering a compound annual growth rate (CAGR) of 21.4 percent in the forecast period 2023-32. The following excerpt from the report's description outlines some factors influencing the market's growth:

The extensive rise in the demand for low latency and real-time processing on variety of edge devices, increasing workloads of businesses on cloud, and introduction to various intelligent applications in the market are primary factors expected to create demand and growth for the global market. In addition, the AI inference without any need of data transfer and its ability to reduce the business operation costs in various critical case-loads, where accuracy is must has also generated huge demand across edge AI devices.

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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Stock Information

Company Name: GBT Technologies Inc
Stock Symbol: GTCH
Market: OTC
Website: gbtti.com

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