CORRECTION: GBT Technologies Successfully Completes AI Robotic Research
August 21 2019 - 7:00AM
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™ global mesh network
technology platform for both mobile and fixed solutions, is pleased
to announce that it has successfully completed another milestone in
its AI development.
In this milestone, using a complex robot, GBT
has achieved the goal of a “self-learning” machine. Typical machine
learning needs humans to tell it how to make accurate predictions
using specific data that it is given. GBT’s Avant! AI System is
designed to function like a human brain using deep learning
algorithms, based on RNN (Recurrent Neural Network) to process the
information resulting in self-learning without specific direction
from humans.
In a successful proof of concept trial, GBT’s
Avant! AI technology was implemented in a robot to enable it to
process information and reach conclusions on its own (making it a
self-learning system). This is the first step in GBT's Avant! AI
implementation to enable an autonomous machine. With further
development, GBT believes it can be implemented in any type of
robotic, unmanned or automated system with the goal of enabling
a wide variety of intelligent applications in our daily
lives.
"We call this stage the self-learning stage.
Here, we successfully gave a complex machine the ability to learn
without being explicitly programmed. The robot can be trained to
perform tasks. It will learn from its performance in order to
improve on it over time, exactly as a human would do. In
addition, the robot will continuously improve its knowledge through
online data research and other data resources for ways to improve
task performance using GBT’s knowledge extraction technology,”
stated Danny Rittman, GBT’s CTO.
Douglas Davis, the Company’s CEO added: “This
robot is not a rules-based system but a true learning entity. It
can learn by being trained (being given information) or on its own
(researching its own information). It can educate itself and adapt
to rapidly changing conditions in real time. It can be trained to
carry out complex tasks that require thought and adaptation.
As an example, let’s look at a simple task, like lifting an object
and placing it in another location. This task can be done in few
ways. The machine analyzes all possibilities
virtually instantaneously and chooses the most efficient way
to complete the task. In addition, it will research and learn about
even better ways to carry out the same task, continuously trying
for higher performance and efficiency. We are excited to
continue our AI-based development and testing programs to explore
many additional use cases, including to develop intelligent
applications using GBT's Avant! AI technology."
About GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”)
(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. 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.
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)
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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
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results may differ materially because of more general factors
including (without limitation) general industry and market
conditions and growth rates, economic conditions, governmental and
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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:Douglas Davis, CEO GBT Technologies Inc.Media:
press@gopherprotocol.com
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