HENDERSON, NV / ACCESSWIRE / April 12, 2019 / Artificial Intelligence in business is a hot topic in the investing world - so hot that some companies are using the term for a PR boost. But make no mistake, the true pure AI plays are worth your time.
The two most common types of AI tools are "machine learning" and "deep learning networks."
One company we found using a deep learning network that you should research right away is Gopher Protocol Inc. (GOPH). The company just 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.
With investor confidence in Tech stocks high, today we are highlighting: Gopher Protocol Inc. (GOPH), Avid Technology, Inc. (AVID), Sea Limited (SE), Zix Corporation (ZIXI), and Box, Inc. (BOX).
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.
Avid Technology, Inc. (AVID) (Market Cap: $ 364.988M; Share Price: $8.69) on Monday unveiled a range of bold new product offerings to propel creativity and collaboration for media enterprises, teams and individuals. Breakthrough innovations like the new reimagined Avid Media Composer® 2019 video editing software and Avid NEXIS® | Cloudspaces SaaS cloud storage solution are being featured in Avid's NAB Show booth (South Upper Hall – 801), April 8-11.
Avid also revealed the anticipated line-up for its Avid Main Stage presentations, the perennial favorite series for NAB Show attendees looking to learn from the masters of media creation, this year featuring video and audio experts behind Captain Marvel, Bohemian Rhapsody, The Orville, Venom, and Westworld.
Avid Technology, Inc. develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, which is used to edit video content, such as television programming, commercials, and films, Avid NEXIS shared storage systems, and Maestro product line solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows.
Sea Limited (SE) (Market Cap: $10.417B; Share Price: $23.41) announced last month the pricing of 60,000,000 American Depositary Shares, each representing one Class A ordinary share of the company at US$22.50 per ADS in an underwritten public offering. In response to strong investor demand, the offering size was increased from an initial 50,000,000 ADSs as announced when the company launched the deal. The underwriters of the offering have also fully exercised their option to purchase an additional 9,000,000 ADSs on the same terms and conditions, bringing the total number of ADSs offered to 69,000,000 and the total amount of funds raised to over US$1.5 billion. Sea expects to use the net proceeds from this offering for business expansion and other general corporate purposes.
Sea Limited engages in the digital entertainment, e-commerce, and digital financial service businesses in Taiwan, Thailand, Vietnam, Indonesia, and internationally. It provides Garena digital entertainment platform for users to access mobile and PC online games, and eSports operations and access to other entertainment content, such as live streaming of online gameplay and social features. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that offers integrated payment and logistics infrastructure and seller services.
Zix Corporation (ZIXI) (Market Share: $395.449M; Share Price: $7.44), a leader in email security, will host a conference call and webcast to discuss the company's financial results for the first quarter 2019 on Thursday, May 2, 2019, at 5:00 p.m. ET. Zix's financial results will be available on its investor relations website at http://investor.zixcorp.com and announced in a press release after the close of NASDAQ market hours on May 2, 2019. It has also been strengthening its leadership team and recently appointed Mark J. Bonney as Executive Chair.
Zix Corporation provides email encryption, data loss prevention (DLP), threat protection, archiving, and bring-your-own-device mobile security solutions for the healthcare, financial services, insurance, and government sectors primarily in the United States.
Box, Inc. (BOX) (Market Share: $2.849B; Share Price: $19.74), a leader in cloud content management, announced last week that World Fuel Services, a leader in the energy industry, selected Box to be the content layer for its IT infrastructure of best-of-breed cloud applications, centralize content management across its global workforce, and reimagine customer engagement models and digital business processes.
Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere or any device. The company's Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features. Founded in 2005, Box works with 70 % of the Fortune 500, including AstraZeneca, General Electric, Nationwide, and P&G, to drive business outcomes.
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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