Point Roberts, WA and Vancouver, BC - December 1, 2020 (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:GTCH ).
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AI Eye Episode 486: GBT Tokenize Begins Phase I of Kirlian Electrophotography for Possible Inclusion in AI-Powered qTerm Device, and ServiceNow (NYSE: ) to Acquire Element AI
Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:GTCH) (NYSE:NOW)
GBT Technologies Inc. ( OTC PINK:GTCH ) has announced that its joint venture, GBT Tokenize, has started Phase I in the Kirlian Electrophotography imaging technique, which is potentially aimed for inclusion in its AI-powered qTerm human vital sign device. GBT's CTO, Danny Rittman, explained:
"We are going to look deeper into Kirilian electrophotography science, trying to identify the possibility of detecting early disease symptoms. Kirlian images of a living tissue during various intervals may exhibit some similarities. If we could graphically analyze these images using machine learning technology, reaching some consistent conclusions, then we may find a way to find possible early Health issue identification. We intend to analyze and measure Kirilian images to find unique patterns that may be associated with early symptoms. We will look for full and partial similarities, repetitions, or atypical auras patterns. We will be using AI computing power to detect dynamic images changes as each image will be digitized using high resolution scanning. Here the power of huge data analysis will be extremely beneficial. We plan to implement interactive algorithms to analyze on-the-fly out-of-boundaries patterns to get a comparative representation between the images. The challenging part will be to associate the human body's various radiations graphical representation, with health related issues. For this purpose, we plan to use our AI, vast data analysis capabilities, trying to assemble a reliable algorithm to create an associative table that will relate patterns to a possible onset disease. Upon reaching conclusions we will evaluate the potential implementation of this technology within our qTerm device to further advice users about their health"
ServiceNow, Inc. ( NYSE:NOW ) has signed an agreement to acquire Element AI, described in the press release as "a leading artificial intelligence (AI) company with deep AI capabilities and some of the world's brightest AI minds." Following the acquisition, ServiceNow plans to "create an AI Innovation Hub in Canada to accelerate customer-focused AI innovation in the Now Platform." ServiceNow Chief AI Officer Vijay Narayanan, commented:
"AI technology is evolving rapidly as companies race to digitally transform 20 th century processes and business models. ServiceNow is leading this once-in-a-generation opportunity to make work, work better for people. With Element AI's powerful capabilities and world class talent, ServiceNow will empower employees and customers to focus on areas where only humans excel - creative thinking, customer interactions, and unpredictable work. That's a smarter way to workflow."
Global AI-Enabled Imaging Modalities Market to Reach $2.649 Billion by 2030
A report published by Research and Markets finds that the global AI-Enabled Imaging Modalities market will grow from $214.4 million in 2019 to $2.649 billion by 2030 with a compound annual growth rate (CAGR) of 23.32 percent in the forecast period 2020-2030. An excerpt from the report description provides an overview of the market:
[The] global AI-enabled imaging modalities market is currently witnessing a significant change in the market landscape. There is a rising investment in the development of healthcare infrastructure, increasing evidence for efficient and promising results in treatment and diagnosis assistance. Thus, this is leading to potential growth opportunities for the AI-enabled imaging modalities market. Moreover, there is an extensive entry of emerging players developing AI-powered imaging systems, and Computer companies into the healthcare space. All these predominant factors have led to a significant rise in sales of AI-based imaging modality systems across the globe.
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 IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. GBT has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. GBT's system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. GBT envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.
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