AI Eye Podcast 520: Volkswagen To Collaborate With Microsoft For Automated Driving Platform, GBT Researching Development Of AI-Guided Radio-Based Computer Vision System For Cardiovascular Applications
#AIEye #Podcast 520: Volkswagen (OTC: $VWAGY) to Collaborate with Microsoft (NasdaqGS: $MSFT) for Automated Driving Platform, GBT (OTCPINK: $GTCH) Researching Development of AI-Guided Radio-Based Computer Vision System for Cardiovascular Applications; ArtificialIntelligence
Global #AI & #Robotics in #Defense Market to Reach $61 Billion by 2027
Point Roberts WA, Vancouver BC – February 11, 2021 – 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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Read this in full at AI Eye Podcast 520: Volkswagen (OTC: $VWAGY) to Collaborate with Microsoft (NasdaqGS: $MSFT) for Automated Driving Platform
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCPINK:OTCPK:GTCH) (OTC:OTCPK:VWAGY) (NasdaqGS:MSFT)
GBT Technologies Inc. (OTC PINK:GTCH) is researching the potential development of a radio based computer vision system to be guided by AI for cardiovascular applications, as part of its research for an autonomous arterial clog cleaning mini-probe. An excerpt from the press release explains:
The radio system will enable an efficient navigation within arteries, avoiding damaging the artery's walls, identifying clogs, providing clog's size, length, and shape. Using an AI program, a comprehensive, 3D view of the capsule's surroundings will be provided on a computer monitor while traveling inside the artery. The radio-based vision system is aimed to cover a wide range of situations where visible-medium imaging fails, enabling clear imaging in real time. We strongly believe that such a system, if fully developed, can have a huge potential for further health related applications, inside and outside a human body, to provide preventative medicine and replace invasive medical procedures and surgeries.
Car.Software Organisation, the software company of Volkswagen (OTC:VWAGY), has announced a collaboration with Microsoft (NasdaqGS:MSFT) to “build a cloud-based Automated Driving Platform (ADP) on Microsoft Azure and leverage its compute and data capabilities to deliver automated driving experiences even faster at global scale.” Scott Guthrie, executive vice president, Cloud + AI at Microsoft, commented:
"This is the next evolution of our foundational work with the Volkswagen Group to enhance their transformation as a software-driven mobility provider. The power of Microsoft Azure and its compute, data and AI capabilities will enable Volkswagen to deliver secure and reliable automated driving solutions to their customers faster."
Global AI & Robotics in Defense Market to Reach $61 Billion by 2027
A report published by Research and Markets finds that the global AI & Robotics in Defense market will grow from $39.22 billion in 2018 to $61 billion by 2027 with a compound annual growth rate (OTC:CAGR) of 5.04 percent in that forecast period. An excerpt from the report description reads:
The cumulative market for global expenditure on AI & Robotics Defense Systems is valued at US$ 487 billion over the forecast period. Demand for AI & Robotics defense systems is anticipated to be driven by the massive investment made by countries like the US, China, Russia, Israel in the development of next-generation defense systems and the large scale procurement of such systems by countries like Saudi Arabia, India, Japan, and South Korea. The United States is the largest spender in the domain with China, India, Russia, Saudi Arabia, Japan, and South Korea anticipated accounting for the bulk of spending.
Sam Mowers, Investorideas.com
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About GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”) (GBT TECHNOLOGIES) 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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