GBT Commences Development of New Neuromorphic Microchip Project, The CLEVER Chip
11 October 2019 - 10:00PM
GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”), a
company specializing in the development of Internet of Things (IoT)
and Artificial Intelligence (AI) enabled networking and tracking
technologies, including its GopherInsight™ wireless mesh network
technology platform for both mobile and fixed solutions, announced
that it commenced development of a new neuromorphic microchip
project called the CLEVER chip.
The microchip is specifically targeted to become
a hardware support for its AI software technology. The CLEVER chip
is intended to be a neuromorphic AI chip, which is defined as an
advanced integrated circuit that is built based on a model of the
human brain, electronically modelling its neurons and synapses
architecture. It is GBT’s intent to design the microchip to process
vast data such as media (images, sound) and to respond to changes
in that data in ways not specifically programmed but concluded by
the chip's algorithms. The goal of the CLEVER Chip is to accelerate
GBT's AI technology, which is based on deep machine learning and
automated analytical model building, and in turn enabling real-time
response for interaction with humans.
"We are excited to start this project since we
believe it is the future of AI. Understanding how the human brain
works, and modeling microchips after it, is a great challenge and
we believe that we have all the required knowledge and experience
to achieve this goal. Neuromorphic integrated circuits strive to
model the human brain in silicon and process information as
billions of neurons and trillions of synapses would do. It is our
goal to design the CLEVER microchip to 'think' similarly to humans
according to neurons based architecture allowing humanlike
intelligent response. The system under development is being
designed to work not by rules-based response but by neural network
modeling and self learning, responding to changing images, sounds,
and the like. That is a true process of learning. We intend to
incorporate brain-alike, advanced neural networks into the CLEVER
chip to understand inputs, run simulations/analytics, understand
conditions/situations and make conclusions," stated Danny Rittman,
GBT’s Chief Technology Officer.
About GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH)
(“Gopher”) (http://gopherprotocol.com/) 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. Gopher has a portfolio of Intellectual
Property that, when commercialized, will include smart microchips,
mobile and security applications and protocols, and supporting
cloud software. Gopher’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. Gopher 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.
https://www.avant-ai.net
About GBT Technologies,
S.A.
GBT Technologies, S.A., a private Costa Rican
corporation (GBT - http://gbttechnologies.com/) is a
development-stage company in the business of the strategic
management of BPO (Business Process Outsourcing) digital
communications processing for enterprises and startups; distributed
ledger technology development, AI development and fintech software
development and applications.
https://aggregator.genesisexchange.io/ (Beta Version)
Forward-Looking Statements
Certain statements contained in this press
release may constitute "forward-looking statements".
Forward-looking statements provide current expectations of future
events based on certain assumptions and include any statement that
does not directly relate to any historical or current fact. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important factors
as disclosed in our filings with the Securities and Exchange
Commission located at their website (http://www.sec.gov). In
addition to these factors, actual future performance, outcomes, and
results may differ materially because of more general factors
including (without limitation) general industry and market
conditions and growth rates, economic conditions, governmental and
public policy changes, the Company’s ability to raise capital on
acceptable terms, if at all, the Company’s successful development
of its products and the integration into its existing products and
the commercial acceptance of the Company’s products. The
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update
these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of the press release.
Contact:Dr. Danny Rittman, CTO GBT Technologies
Inc.Media: press@gopherprotocol.com
Getchell Gold (CSE:GTCH)
Historical Stock Chart
From Oct 2024 to Nov 2024
Getchell Gold (CSE:GTCH)
Historical Stock Chart
From Nov 2023 to Nov 2024