HENDERSON, NV / ACCESSWIRE / April 4, 2019 / Since 2000, there has been a 6X increase in the annual investment levels by venture capital (VC) investors into U.S.-based AI startups. According to a PwC study "A Revolutionary Partnership: How AI Is Pushing Man And Machine Closer," covering 2,500 U.S. consumers and business decision makers, business leaders believe AI is going to be fundamental in the future. In fact, 72% termed it a "business advantage." Additionally, 63% agree AI will help solve complex problems that plague our society and 59% believe it will help people live more fulfilling lives.
Stats like these are why, since 2000, there has been a 6X increase in the annual investment levels by venture capital (VC) investors into U.S.-based AI startups. This is because AI is one of the most promising sectors for investors. Looking at options in the public markets, there are a few very exciting opportunities.
One that may just begin to hit radars is Gopher Protocol Inc. (GOPH). After thorough testing, the company has just released its Avant! AI mobile app! This is huge news that investors will be quick to jump on. With McDonalds and SAS each making news recently about investments in AI, investors are hungry for opportunities in the space, so start your research now.
Gopher Protocol Inc. (GOPH) (Market Cap: $80.889M; Share Price: $0.39)'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.
NVIDIA Corporation (NVDA) (Market Cap: $114.304B; Share Price: 188.62) is using AI by operating in two segments, graphics processing unit, or GPUs, and Tegra Processor– the most powerful tablet-form factor chip in the market today. Nvidia's AI chips are also used in cloud computing, tech giants like Google and Facebook use Nvidia's platform to power the AI features on their platforms. An increasing number of self-driving customers including Audi, Mercedes Benz, Toyota and Tesla (TSLA) are also using Nvidia DRIVE car technology to teach self-driving cars to see, think, and learn.
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming and mainstream PCs, GeForce NOW for cloud-based game-streaming service, Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications, Tesla for artificial intelligence (AI) utilizing deep learning, accelerated computing, and general purpose computing, GRID, which provides power of NVIDIA graphics through the cloud and datacenters, DGX for AI scientists, researchers, and developers, and cryptocurrency-specific graphics processing units.
Five9, Inc. (FIVN) (Market Cap: $3.098B; Share Price: $52.29) reported for the three months ended December 31st, 2018 vs December 31st, 2017, Five9 reported revenue of $72.34MM vs $55.40MM (up 30.56%) and analysts estimated basic earnings per share $0.07 vs -$0.01. For the twelve months ended December 31st, 2018 vs December 31st, 2017, Five9 reported revenue of $257.66MM vs $200.23MM (up 28.69%) and analysts estimated basic earnings per share -$0.00 vs -$0.16. Analysts expect earnings to be released on May 7th, 2019. The report will be for the fiscal period ending March 31st, 2019. Reported EPS for the same quarter last year was -$0.01. The estimated EPS forecast for the next fiscal year is $0.05 and is expected to report on February 18th, 2020.
Five9 is currently using AI, as a provider of cloud software for contact centers. It is developing a self-learning AI contact center platform, such as the Five9 Genius, that delivers intelligent routing using non pre-defined data models from a number of information channels to derive customer intent. Five9 currently claims more than 2,000 customers worldwide and over 3 billion customer interactions annually. The company announced last year a partnership with search giant Google on AI contact center software.
Splunk Inc (SPLK) (Market Cap: $19.34B; Share Price: $128.87) recently filed its latest 10-K with SEC for the fiscal year ended on January 31, 2019. For Q4, software revenues were $464 million, up 42% year-over-year. Total revenues were $622 million, up 35% year-over-year. For the full year, software revenues were $1.2 billion, up 44% year-over-year. Total revenues were $1.8 billion, up 38% year-over-year.
Splunk Inc provides software products. Its flagship product is Splunk Enterprise and at its core is a proprietary machine data engine, comprised of collection, indexing, search, reporting analysis and data management capabilities.
Splunk is involved in Artificial Intelligence and the strength of Splunk's AI platform lies in its ability to deal with unstructured data for IT and security. Using machine learning, the company's IT Service Intelligence (ITS), a monitoring and analytics solution that combines big data and AI functionality, detects, flags and prevents possible anomalies before they impact revenue and customer experience. ITS also makes predictions giving organizations visibility across IT and business services and applications.
Salesforce.com, inc. (CRM) (Market Cap $125.38B; Share Price: $162.62), which opened its doors for business twenty years ago this month, was, in so many ways, a company ahead of its time. It offered cloud-based solutions for customer relationship management (CRM) before "the cloud" was part of the mainstream lexicon or even tech jargon. The company now sports a $125 billion market cap, achieved in large part by pioneering the software-as-a-service (SaaS) business model. And even after gaining all its wisdom from being around so long, the company still refuses to act its age.
Take, for instance, its involvement with AI. It currently dominates 20% personalized Customer Relationship Management software and tools, a dominance that is the direct result of Salesforce's platform Einstein AI, Salesforce Customer 360, and Salesforce Lightning platforms. According to the company's published 4Q and FY 2019 (ended January 2019) results, Einstein AI, after using of all the data in Salesforce—customer data, can deliver more than 6 billion predictions every day.
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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