HENDERSON, NV / ACCESSWIRE / April 10, 2019 / AI is increasingly becoming ubiquitous in mobile technology. As per Zion Market Research's report "Mobile Artificial Intelligence (AI) Market by Technology Node (5nm-10nm, 11nm-20nm, and Above 20nm), by Application (Cameras, Smartphones, Vehicles, Robots, AR/VR Devices, and Others), and by End-Use Industry (Consumer Electronics, Automotive, Robotics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024", the global mobile artificial intelligence (AI) market accounted for USD 3.9 billion in 2017 and is expected to reach USD 22.4 billion globally by 2024 at a CAGR of 28.4% between 2018 and 2024. A major driver of this development will be app technology.
AI tech that can help businesses sell more and improve their services through deep learning and advanced predictive algorithms are what the next generation of business will thrive on. This is the reason we are always searching for companies on the public markets with new AI tech and AI-enabled apps. Gopher Protocol Inc. (GOPH) caught our attention when they announced the release of its Avant! AI mobile app! The app is based on modern AI technologies including Deep Neural Network (DNN), vectorization and other advanced methodologies enabling usage for wide variety of applications. Larger companies are looking for this kind of tech to enable their future business, so start your research now on GOPH.
With investor confidence in Tech stocks high, today we are highlighting: Gopher Protocol Inc. (GOPH), Xilinx, Inc. (XLNX), The9 Limited (NCTY), Take-Two Interactive Software, Inc. (TTWO), and Glu Mobile Inc. (GLUU).
Gopher Protocol Inc. (GOPH) (Market Cap: $76.741M; Share Price: $0.37)'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 also announced it had filed a non-provisional patent application with the United States Patent and Trademark Office (USPTO) covering Gopher's 3D microchip design and manufacturing technology. The goal of the technology specified in this application is to facilitate the design and manufacturing of superior computing microchips to power AI systems, wireless and IoT/Mobile systems.
In the IoT department, GOPH initiated testing multiple antenna types and configurations as part of the final phase of development for its mesh network gateway device. Antennas are a crucial part of any wireless system, being the central communicator between wireless clients, so this announcement was very promising.
Xilinx, Inc. (XLNX) (Market Cap: $32.64B; Share Price: $128.93) announced recently an expanded collaboration with Samsung Electronics Co., Ltd., that has resulted in the world's first 5G New Radio commercial deployment. This world-first deployment is in South Korea and will be followed by additional countries globally in 2019 and beyond. mXilinx, a leader in adaptive and intelligent computing, and Samsung have been working together to develop and deploy multiple 5G Massive Multiple-input, Multiple-output and millimeter wave solutions using the Xilinx® UltraScale+™ platform.
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs, adaptive compute acceleration platform, software design tools to program the PLDs, software development environments and embedded platforms, targeted reference designs, printed circuit boards, and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores. Xilinx is the inventor of the FPGA, hardware programmable SoCs and the ACAP, designed to deliver the most dynamic processor technology in the industry and enable the adaptable, intelligent and connected world of the future.
The9 Limited (NCTY) (Market Cap: $80.035M; Share Price: $1.92) signed a Joint Venture Agreement with Faraday&Future Inc last month. The joint venture will serve the Chinese market with manufacturing, marketing, distribution and sale of Faraday Future's new brand V9 model, a flagship luxury EV based on the technology and design concepts of the FF 91 EV, Faraday&Future's flagship consumer car model, and other potential selected car models. The9 will be a 50% partner in the joint venture with control over business operations. The9 will make an initial deposit of US$5 million with Faraday&Future with the rest of The9's capital contribution contingent on satisfaction of funding conditions. The expected annual production capacity of the joint venture is 300,000 cars, and the first pre-production car is expected to roll off the production line in 2020.
The9 Limited, together with its subsidiaries, operates as an online game developer and operator in the People's Republic of China. The company offers online games, including massively multiplayer online games, mobile games, Web games, and TV games.
Gearbox Software and 2K, the wholly-owned label of Take-Two Interactive Software, Inc. (TTWO) (Market Cap: $9.866B; Share Price: $93.28) recently announced that Borderlands® 3, the next installment in the critically acclaimed shooter-looter series, will launch worldwide on PlayStation 4, Xbox One and Windows PC on the Epic Games store September 13, 2019. Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher and marketer of interactive entertainment for consumers around the globe. The company offers its products under the Rockstar Games and 2K labels as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.
Glu Mobile Inc. (GLUU) (Market Cap: $1.644B; Share Price: $11.41), a leading developer and publisher of mobile games, recently announced the availability of MLB Tap Sports Baseball 2019 on the App Store and Google Play. Additionally, Glu has reached agreements to extend the company's partnership with the MLB and MLBPA through 2024. In collaboration with Major League Baseball (MLB), the Major League Baseball Players Association (MLBPA) and Boston Red Sox outfielder Markus Lynn "Mookie" Betts – MLB Tap Sports Baseball 2019 is back to offer players 24/7/365 baseball action.
Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company publishes titles primarily in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, Blood & Glory, Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, QuizUp, and Tap Sports. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, MLB Tap Sports Baseball, and Restaurant Dash with Gordon Ramsay.
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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