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BlazingStocks

05/19/22 6:29 AM

#53068 RE: CryptoRiches #53067

$GTCH Artificial intelligence (AI) is becoming ubiquitous and increasingly indispensable in many sectors, so it is perhaps unsurprising that it is seeing more and more application for military purposes. A report published by Vantage Market Research finds that the global market for AI in Military is projected to grow from $6.62 billion USD in 2021 to $13.71 billion by 2028, while registering a compound annual growth rate (CAGR) of 12.9 percent in the forecast period 2022-28. The report cites AI's use in cybersecurity, communications, threat detection, and more as important market drivers. In a recent interview with Investorideas.com, Danny Rittman, the CTO of GBT Technologies Inc. (OTC Pink: GTCH), highlighted the use of AI in analytics and detection as a key to the market's growth.

"AI can do plenty of what we call behind the scenes work, like analytics," Rittman said. "This is something that is not visible, as in, again, radio waves, and GPS and satellite data."