Tag Archive for: Artificial

Artificial Intelligence Tech Solutions Inc (OTCMKTS: AITX) Move Northbound Brewing as Robotics AI Innovator Raises $3.5 Million and Reverses Off $0.006 Lows

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Artificial Intelligence Tech Solutions Inc (OTCMKTS: AITX) is rocketing northbound after reversing off $0.006 lows up 48% on Friday alone closing just off the high of the day at $0.011 on about $850,000 in dollar volume. AITX was one of the biggest penny stock runners of 2021 skyrocketing from tiple zeroes to highs near $0.30 per share. Now that the stock is based at a fraction of its former value and seems to have formed a clear bottom and selling has dried up investors are accumulating. AITX is an exciting story developing in small caps, through its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), the Company is making moves in the $100 billion plus global security services market. AITX is an SEC filer and recently applied for up listing its shares to fully reporting OTCQB.   

Robotic Assistance Devices, Inc. (RAD) continues to report big sales; recently the Company received multiple orders, totaling 33 units, to be delivered to four different clients. The product mix of the 33 security devices ordered since the last public announcement is 28 ROSAs and five TOMs. Earlier this month they received another order for 2 ROAMEO mobile security robots. RAD was also just named a winner of the 2022 AST ‘ASTORS’ Award for its breakthrough Firearm Detection AI analytic in the category of Best Metal/Weapons Detection Solution, and for RAD Light My Way in the category of Best Alert Notification System. An event attended by thousands of security industry, government, and public safety professionals New York City.  

Artificial Intelligence Tech Solutions Inc (OTCMKTS: AITX) through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry’s existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in…

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AI in e-Commerce: How Artificial Intelligence is Being Leveraged in the Online Retail Space

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Vancouver, Kelowna, Delta, British Columbia–(Newsfile Corp. – March 22, 2022) – Investorideas.com, a global investor news source covering Artificial Intelligence, issues a report on how AI technology is accelerating e-Commerce revenue, featuring emerging tech company, GBT Technologies Inc. GTCH.

Read the full article on Investorideas.com
https://www.investorideas.com/news/2022/technology/03220AI-eCommerce.asp

It’s no secret that the adoption of e-commerce benefited enormously from the COVID-19 pandemic – when many people were less able or willing to shop at brick and mortar retailers – but it is also witnessing growth as a consequence of increasing convenience afforded by the use of new technologies, such as artificial intelligence. In fact, a report published by Vantage Market Research finds that the global AI in Retail market will grow from $2.93 billion USD in 2021 to $17.08 billion by 2028. While this report encompasses brick and mortar outlets as well, it is still indicative of the general trend toward AI adoption both on and offline.

Some of the principle ways AI is being leveraged in e-commerce, according to an article from betanews, is through the application of real-time data analytics, interactive experiences such as virtual shopping rooms, personalization based on demographics and search data, and enhanced customer service and customer relationship management (CRM) through the use of virtual assistants and chatbots.

GBT Technologies Inc. GTCH, a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms, recently announced that it had entered into a revenue sharing agreement with online retailer Mahaser LTD dba Ravenholm Electronics, commencing March 1, 2022. For the agreement, GBT is testing its AI platform – AVANT! AI – “to identify opportunities with respect to e-commerce sales through the world’s biggest online retail platform.”

Ravenholm Electronics itself is an e-commerce retailer with 5+ Best Seller Tags, specializing in video game products and accessories, and boasts over 2,000 active, profit-driving SKUs (stock-keeping units). Operating as it does in…

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Newswire & Press Release / Pradeo Acclaimed by Frost & Sullivan for Offering Leading Mobile Security to Organizations with its Pioneering AI… – Engineering / Artificial Intelligence – Frost & Sullivan

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Based on its recent analysis of the mobile security market, Frost & Sullivan recognizes Pradeo with the 2021 Global Enabling Technology Leadership Award for supporting enterprise mobility with its unified, feature-rich AI services. By protecting managed and unmanaged mobile devices, its solution stack is especially valuable to organizations with bring-your-own-device (BYOD) operation models.

“A global market leader and an end-to-end service provider, Pradeo has the scale, capabilities, and technology to address a gamut of mobile security needs for organizations of all sizes,” said Vikrant Gandhi, Research Vice President for Frost & Sullivan. “Its patented AI engine is at the core of its mobile security solution and enables it to configure products quickly. Highly adaptable and applicable across business cases, Pradeo’s technology aids rapid implementation and offers long-term value across a client’s mobile security strategy.”

One of Pradeo’s leading turnkey solutions, the Secure Private Store, eliminates the possibility of third-party applications compromising individual or organizational security through the network and extending to the operating system and apps on the device. An alternative to mobile device management (MDM, EMM, UEM…) systems that are often restrictive and diminish BYOD accessibility, the Secure Private Store assists organizations and carriers with unique functions to protect their environment.

Pradeo’s solution set equips security teams with in-depth visibility into what applications do with data and controls. This solution offers flexibility to customize permissions, execute zero-touch deployments, and interoperate with major stakeholders in the mobile device management ecosystem. Pradeo recommends predefined configurations to fit small and medium businesses’ needs, so its solutions are ready-to-implement, include automation remediation, and require only light-touch administration.

“Pradeo prides itself on delivering exceptional data privacy. In addition to the app protection tools, it ensures that all of the information collected as a part of its mobile security logs is anonymized,” noted…

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Gibson Dunn | Artificial Intelligence and Automated Systems Legal Update (1Q21)

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April 23, 2021

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Regulatory and policy developments during the first quarter of 2021 reflect a global tipping point toward serious regulation of artificial intelligence (“AI”) in the U.S. and European Union (“EU”), with far-reaching consequences for technology companies and government agencies.[1]   In late April 2021, the EU released its long-anticipated draft regulation for the use of AI, banning some “unacceptable” uses altogether and mandating strict guardrails such as documentary “proof” of safety and human oversight to ensure AI technology is “trustworthy.”

While these efforts to aggressively police the use of AI will surprise no one who has followed policy developments over the past several years, the EU is no longer alone in pushing for tougher oversight at this juncture.  As the United States’ national AI policy continues to take shape, it has thus far focused on ensuring international competitiveness and bolstering national security capabilities.  However, as the states move ahead with regulations seeking accountability for unfair or biased algorithms, it also appears that federal regulators—spearheaded by the Federal Trade Commission (“FTC”)—are positioning themselves as enforcers in the field of algorithmic fairness and bias.

Our 1Q21 Artificial Intelligence and Automated Systems Legal Update focuses on these critical regulatory efforts, and also examines other key developments within the U.S. and Europe that may be of interest to domestic and international companies alike.  As a result of several significant developments in April, and to avoid the need for multiple alerts, this 1Q21 update also include a number of matters from April, the beginning of 2Q21.

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A.         U.S. National AI Strategy
B.         National Security & Trade
C.         Algorithmic Accountability & Consumer Safety
D.         FDA’s Action Plan for AI Medical Devices
E.         Intellectual Property Updates
F.         U.S. Regulators Seek Input on Use of AI in Financial Services

A.         EC Publishes Draft Legislation for…

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