Investing in AI Startups
April 25, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Seventy-one percent of people expect their company's artificial intelligence investments to increase in the coming years (via 2018 McKinsey data). Companies are investing in AI, and this will continue. Investing in AI startups that these companies are likely to acquire, however, isn’t easy for the average investor with many only accepting accredited investments.
That’s why we’re highlighting an upstart AI company that is public Gopher Protocol Inc. (USOTC: GOPH). GOPH has had an enormously productive first quarter. The company released their AI enabled app based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. The company has followed that up this past week announcing it successfully completed testing on their Alpha version of its global mesh network technology platform GopherInsight™ which is the company’s IoT component. It just announced it has received an International Search Report and Written Opinion pertaining to its Gopher Radio Token application from the International Searching Authority under the Patent Cooperation Treaty. All claims under the Opinion have been found to be novel and have "inventive step" (i.e., to be non-obvious). This is the kind of company which security and engineering decision makers at $1 billion firms are starting to pay attention, so now would be a great time to start your research on GOPH.
Today we are highlighting: Gopher Protocol Inc. (USOTC: GOPH), Twilio Inc. (NYSE: TWLO), Micron Technology, Inc. (NASDAQ: MU), Intel Corporation (NASDAQ: INTC), and Tencent Holdings Limited (TCEHY).
Gopher Protocol Inc. (USOTC: GOPH) (Market Cap: $60.148M; Share Price: $0.295)’s Avant! AI mobile app is synchronized with the Avant! AI web application (www.avant-ai.net) and is equipped with personalization and additional features to make it a handy artificial general intelligence (AGI) agent for the benefit of users. Avant! AI is an artificial intelligence system that is capable of processing vast amounts of data efficiently and quickly. Avant! AI is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. The current release of Avant! AI is targeting AGI to perform information search and retrieval. The new mobile application enables question/answer capability for general topics. Avant! AI searches for online information, sorting out the best answer and recording it under a personal account. The system keeps a history of any user's question/answer data for future use and includes a search mechanism to retrieve previous topics.
The company’s GopherInsight™ global mesh network technology platform for both mobile and fixed solutions was tested in both laboratory and outdoor conditions, and all tests were successful. "We are glad to announce the completion of our MESH system, Alpha version. The system has successfully passed all lab and field testing as scheduled with satisfactory results," commented Danny Rittman, Gopher’s Chief Technology Officer. "The tests covered essential topics that included hardware and software to ensure high performance and reliable features and characteristics.”
Mr. Rittman continued, “We used a mobile app to visualize results and to produce vital data like nodes/gateways range, GEO location and coverage area. The system was tested both outdoors and indoors. This data will be used to debug the Alpha version and initiate any changes or modifications that may be needed to produce a Beta version with the goal of ensuring commercial standards. We are already evaluating real-life projects to be a case study for our MESH system, which will use prototypes in real-life situations. The study will cover the system's GEO tracking, emergency alerts and further advanced capabilities." The next step to be taken by Gopher in this process is to optimize its Alpha version in order to proceed to Beta. Gopher is already evaluating potential projects as commercial application case study opportunities.
Twilio Inc. (NYSE: TWLO) (Market Cap: $16.012B; Share Price: $129.57) announced that it will report its financial results for the first quarter ended March 31, 2019 after market close on Tuesday, April 30, 2019. Twilio will host a conference call and live webcast to discuss the results.
Millions of developers around the world have used Twilio to unlock the magic of communications to improve any human experience. Twilio has democratized communications channels like voice, text, chat, video and email by virtualizing the world’s communications infrastructure through APIs that are simple enough for any developer to use, yet robust enough to power the world’s most demanding applications. By making communications a part of every software developer's toolkit, Twilio is enabling innovators across every industry — from emerging leaders to the world’s largest organizations — to reinvent how companies engage with their customers.
Micron Technology, Inc. (NASDAQ: MU) (Market Cap: $47.72B; Share Price: $43.12) recently unveiled its new series of flagship solid-state drives (SSDs) featuring the NVM Express™ protocol, bringing industry-leading storage performance at higher capacities to cloud and enterprise computing markets. The Micron® 9300 series of NVMe SSDs enables companies with data-intensive applications to access and process data faster, helping reduce response time.
Intel Corporation (NASDAQ: INTC) (Market Cap: $258.044B; Share Price: $57.36) announced its intention to exit the 5G smartphone modem business and complete an assessment of the opportunities for 4G and 5G modems in PCs, internet of things devices and other data-centric devices. Intel will also continue to invest in its 5G network infrastructure business.
China's Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings Limited (TCEHY) (Market Cap: $466.489B; Share Price: $48.70), said it has raised $250 million in a fundraising round as investors pile into China's online private healthcare sector.
The fundraising marked the first investment since the entity was formed through a merger of Tencent Doctorwork and Trusted Doctors last year.
Tencent Trusted Doctor is among a number of technology-driven firms looking to shake up China's overburdened public healthcare market, with increasingly affluent consumers willing to pay for more convenient access to doctors and health services.
Priyanka Goel, CFA
This article was written by Regal Consulting, LLC (“Regal Consulting”). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month. All payments were made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. GOPH was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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SOURCE: Microcap Speculators