Point Roberts, WA and Vancouver, BC – November 9, 2020 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a news source for global investors covering Artificial Intelligence (AI), presents the edition today’s The AI Eye – Watch stock news, deal tracking, and progress in AI.
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AI Eye Episode 471: TELUS International (NYSE: $ TU) acquires Lionbridge AI
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Column of today – Artificial Intelligence – Watching stock market news, tracking deals, and advances in AI
Stocks discussed: (OTCPINK: GTCH) (NYSE: TU)
GBT Technologies Inc. (OTC PINK: GTCH) announced that its joint venture, GBT Tokenize, has begun development of a new radio system for its AI-powered qTerm human vital signs device, making it a radio communications network. Private and secure MESH. GBT CTO Danny Rittman commented:
“We have extensive experience in developing innovative radio technologies and have used them for monitoring and IoT / Mobile concepts. We decided to test the implementation of this radio platform within the qTerm device to create another level of advanced communication and offer future additional features. now by controlling efficient frequencies for device communication, addressing the challenge of low power consumption and long range. Another challenge will be the miniaturization of this radio system to fit the size of our qTerm device. Because the system is designed to work with and without GPS, we believe it can save lives by bypassing the BLE system, broadcasting radio-based emergency alerts and location information. We have already built an alpha version device to evaluate radio frequencies in terms of power and scope. The project should continue throughout 2021 “.
TELUS International, the digital customer experience (CX) subsidiary of TELUS Corporation (NYSE: TU), has entered into an agreement to acquire Lionbridge AI. The press release describes Lionbridge AI as a “market-leading global provider of crowd-based training data and annotation platform solutions used in the development of artificial intelligence algorithms to power machine learning.” Jeff Puritt, President and CEO of TELUS International, explained:
“Given the post-COVID” new-normal “, with many experts expecting further acceleration of digitization efforts, we believe the market demand for data annotation services to support this increased investment in AI and machine learning will have equally strong headwinds. Today’s announcement with Lionbridge AI is further testament to TELUS International’s commitment to continually elevate the breadth and reach of the cutting-edge solutions we provide to meet ever-changing needs of the precious brands we collaborate with today and in the future “.
The global AI camera market with voice recognition will show a CAGR of 23.90% from 2020 to 2027
A report released by Data Bridge Market Research finds that the global AI Camera for Speech Recognition market will show a compound annual growth rate (CAGR) of 23.90% over the forecast period 2020-2027. The following excerpt from the report description outlines some trends observed in the market:
[The} increasing need for surveillance and monitoring at commercial stores, [the] adoption of deep learning, machine learning and natural language processing, [and the] the increasing uses of cameras to enhance the user experience are some of the factors that [are] will likely enhance the growth of the AI (artificial intelligence) camera market for voice recognition in the forecast period of 2020-2027. [Additionally], advancement and development of big data along with the integration of artificial intelligence technology into devices which will further increase various opportunities for voice recognition AI (artificial intelligence) cameras market growth in the forecast period mentioned above.
Sam Mowers, Investorideas.com
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