HENDERSON, NV / ACCESSWIRE / May 8, 2019 / According to Gartner, the AI industry will see a growth of $3.9 trillion over the course of the next three years by the year 2022 based on the sales growth, revenue, cost reduction and improved user experience.
That's why we're highlighting Gopher Protocol Inc. (GOPH), an AI company who has started 2019 off with a bang. The company released their AI enabled app based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. The company's Avant! AI system is currently implementing innovative Machine Learning (ML) methods within the system that will allow advanced classification and problem solving. This is big because Avant! will be able to recognize user's intent, distinguish between different data and analyze user's sentiment.
The company also successfully completed testing on their Alpha version of its global mesh network technology platform GopherInsight™ which is the company's IoT component. This unique combination of AI and IoT opportunities in one stock is the kind of thing big time investors salivate over, start your research on GOPH.
Today we are highlighting: Gopher Protocol Inc. (GOPH), Micron Technology, Inc. (MU), Intel Corporation (INTC), Switch, Inc. (SWCH), and Alteryx, Inc. (AYX).
Gopher Protocol Inc. (GOPH) (Market Cap: $40.434M; Share Price: $0.19) recently released a technology review that was filed as an exhibit to a Form 8-K with the SEC - https://www.sec.gov/Archives/edgar/data/1471781/000173112219000209/0001731122-19-000209-index.htm
The Technology Review provides an overview of GopherInsight™, AVANT! AI, Robotic Research, gNet and GopherInsight - 5G and walks the reader through developed and completed systems to potentially upcoming systems from a technology point of view.
GOPH's Avant! AI mobile app is synchronized with the Avant! AI web application (www.avant-ai.net) and is equipped with personalization and additional features to make it a handy artificial general intelligence (AGI) agent for the benefit of users. Avant! AI is an artificial intelligence system that is capable of processing vast amounts of data efficiently and quickly. Avant! AI is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. The current release of Avant! AI is targeting AGI to perform information search and retrieval. The new mobile application enables question/answer capability for general topics. Avant! AI searches for online information, sorting out the best answer and recording it under a personal account. The system keeps a history of any user's question/answer data for future use and includes a search mechanism to retrieve previous topics.
The company's GopherInsight™ global mesh network technology platform for both mobile and fixed solutions was tested in both laboratory and outdoor conditions, and all tests were successful. "We are glad to announce the completion of our MESH system, Alpha version. The system has successfully passed all lab and field testing as scheduled with satisfactory results," commented Danny Rittman, Gopher's Chief Technology Officer. "The tests covered essential topics that included hardware and software to ensure high performance and reliable features and characteristics."
Mr. Rittman continued, "We used a mobile app to visualize results and to produce vital data like nodes/gateways range, GEO location and coverage area. The system was tested both outdoors and indoors. This data will be used to debug the Alpha version and initiate any changes or modifications that may be needed to produce a Beta version with the goal of ensuring commercial standards. We are already evaluating real-life projects to be a case study for our MESH system, which will use prototypes in real-life situations. The study will cover the system's GEO tracking, emergency alerts and further advanced capabilities." The next step to be taken by Gopher in this process is to optimize its Alpha version in order to proceed to Beta. Gopher is already evaluating potential projects as commercial application case study opportunities.
Also, in April '19, it announced it has received an International Search Report and Written Opinion pertaining to its Gopher Radio Token application from the International Searching Authority under the Patent Cooperation Treaty. All claims under the Opinion have been found to be novel and have "inventive step" (i.e., to be non-obvious). Gopher intends to use its Avant! AI technology to govern security and vast data processing for the GRT. This opens an entire world of possibilities that are enabled by a powerful artificial intelligence system.
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Micron Technology, Inc. (MU) (Market Cap: $44.555B; Share Price: $40.26) recently unveiled its new series of flagship solid-state drives (SSDs) featuring the NVM Express™ protocol, bringing industry-leading storage performance at higher capacities to cloud and enterprise computing markets. The Micron® 9300 series of NVMe SSDs enables companies with data-intensive applications to access and process data faster, helping reduce response time.
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Intel Corporation (INTC) (Market Cap: $225.999B; Share Price: $50.48) announced its intention to exit the 5G smartphone modem business and complete an assessment of the opportunities for 4G and 5G modems in PCs, internet of things devices and other data-centric devices. Intel will also continue to invest in its 5G network infrastructure business.
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Switch, Inc. (SWCH) (Market Cap: $2.64B; Share Price: $10.86) released their Q4 and year end financials a month back. For the 4th quarter, the company reported net income of $11.2 million, compared to a loss of $60.3 million for the same quarter in 2017. On a per-share basis, the Las Vegas-based company said it had net income of 5 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. For the year, it reported net income of $29.3 million, compared to a loss of $8.6 million during 2017, which included the impact of $71.3 million in non-recurring equity-based compensation expense. Revenue was reported as $405.9 million. Switch expects full-year revenue for 2019 to be in the range of $436 million to $445 million.
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Alteryx, Inc. (AYX) (Market Cap: $5.632B; Share Price: $90.05) together with Tableau (DATA), Mapbox, and Exasol, announced a collective $4.3 million technology contribution over the next three years to help governments eliminate malaria for an estimated 60 million at-risk people in sub-Saharan Africa. This new grant to PATH, a global organization dedicated to accelerating health equity, expands on the early success of its Visualize No Malaria initiative and was announced at the World Malaria Day 2019 event hosted by the RBM Partnership to End Malaria in partnership with the City of Paris and the French government at the Hotel de Ville in Paris.
Legal Disclaimer:
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month, and zero shares. Regal and GOPH have agreed to amend the current agreement, and extend contract period for six months and increase the stock compensation to 50,000 restricted 144 shares of GOPH per month. All payments were made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. GOPH was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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