AI Eye Podcast: AI Stocks in the News: Stocks discussed: (OTCPINK: GTCH) (NasdaqGS: SNPS)
Vancouver, Kelowna, Delta, BC – March 31, 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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AI Eye Podcast: Stocks discussed: (OTCPINK: GTCH) (NasdaqGS: SNPS)
Today’s Column – The AI Eye – Watching stock news, deal tracker and advancements in artificial intelligence
GBT’s Korean Patent Application for 3D, Multi-Planar IC Tech Granted, and Synopsys Launches Synopsis.ai Suite
GBT Technologies Inc. (OTC PINK:GTCH) has announced that the patent application for its 3D, Multi-Planar IC design and manufacturing technology was granted on March 7, 2023 in South Korea. The patent seeks to present a new way to design and manufacture immense size integrated circuits to fit advanced analog, digital and mixed type integrated circuits (ICs) on a silicon wafer, which aims to enable advanced microchip’s design and manufacturing using significantly less silicon space. The goal of GBT’s 3D, MP chip architecture, according to the press release, “is to enable the design of memory chips, CPU, GPU, AI chips on much smaller die, resulting in significant cost reduction, lower power consumption and better performance.”
Synopsys, Inc. (NasdaqGS:SNPS) has launched Synopsys.ai, described as “a suite of AI-driven solutions for the design, verification, testing and manufacturing of the most advanced digital and analog chips,” at its annual Synopsys Users Group (SNUG) Silicon Valley Conference. This, according to the press release, enables engineers to “use AI at every stage of chip design, from system architecture to design and manufacturing, and access the solutions in the cloud.” Shankar Krishnamoorthy, GM of Synopsys EDA Group, explained:
“Increased complexity, engineering resource constraints and tighter delivery windows were challenges crying out for a full AI-driven EDA software stack from architectural exploration to design and manufacturing – and we’ve delivered it. With Synopsys.ai solutions, our customers’ ability to search design solution spaces across multiple domains is in hyperdrive. They’re finding optimal results far faster as the .ai learns run-to-run, and it’s transforming their ability to meet and beat tough design and productivity targets.”
Global Artificial Intelligence Market to Reach $2.745T by 2032
A report published by Market.us finds that the global market for Artificial Intelligence is projected to grow from $129.8 billion USD in 2022 to $2.745 trillion by 2032, registering a compound annual growth rate (CAGR) of 36.8 percent in the forecast period 2023-32. The following excerpt from the report’s overview outlines some key factors influencing the market’s growth:
One major driver of the Artificial Intelligence Market is its capacity to enhance efficiency and accuracy. This helps businesses achieve higher productivity and profitability. For instance, AI-powered chatbots can assist customer service teams in handling more requests quickly.
The Artificial Intelligence Market growth can be attributed to the vast investments and collaborations made. This leads to new technologies like autonomous vehicles, robotics, and quantum computing. Along with that favorable government initiatives are also contributing to positive market growth.
But, there are ethical concerns about AI, including privacy violations, bias, and job displacement. Therefore, responsible AI that is transparent, explainable, and accountable is increasingly emphasized.
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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