Artificial intelligence (AI) is one of the most advanced and rapidly developing industries in today’s economy. Investing in companies developing AI technology can be a great opportunity for investors looking to profit from the industry’s rapid growth.
As technology advances, demand for artificial intelligence-related services is expected to rise, potentially increasing the long-term value of stocks with an AI focus.
Already, leading tech companies like Alphabet Inc. (NASDAQ:GOOG), Amazon.com Inc. (NASDAQ:AMZN), and Microsoft Corp. (NASDAQ:MSFT) are all utilizing AI in various ways to advance and grow their respective industries.
Amazon uses AI to make individualized product recommendations and improve the efficiency of its supply chain, and Google uses AI for speech and image recognition.
Microsoft employs artificial intelligence to improve Microsoft Teams and other collaboration and productivity tools, as well as its cloud computing services. These companies use artificial intelligence for a variety of purposes, including natural language analysis, predictive analytics, and autonomous systems.
Compared to investing in a major player, trading small OTC stocks can offer a number of advantages, including a higher chance of growth and the chance to join a promising new company at the very beginning.
Due to its intriguing share price and promising technology, Epazz Inc. (OTC: EPAZ) presents an intriguing opportunity for investors to profit from the AI-Tech boom. EPAZ provides mission-critical metaverse solutions, blockchain cryptocurrency mobile apps, and cloud-based business software solutions.
EPAZ announced last week that it had been granted a utility patent for its AI-Predictive Smart Charging Pad.
The ZenaDrone Smart Charging Pad allows the ZenaDrone 1000 to land on the charger for automatic charging. Unlike other drones, which required a user to manually remove the batteries for recharging, Epazz’s Smart Charging Pad allows ZenaDrone to be used in remote areas and operate autonomously.
The Smart Charging Pad has built-in computer vision to understand the environment around it and select the best option for receiving energy. The Smart Charging Pad has options for solar panels or wind power. The self-charging feature is critical for a drone to be fully autonomous.
This is the second patent that was issued to Epazz for ZenaDrone technology. The company has filed two other patents that are being reviewed.
CEO Shaun Passley, Ph.D., said, “We are building a portfolio of drone patents that not only protect our technology but creates added value which may gain the interest of larger parties in the future.”
This news about the company’s Zenadrone product follows a great deal of success with the company’s On-Site Remote Assist product. EPAZ has announced that the product will be expanded further in European countries.
EPAZ has been concentrating their efforts on the On-Site Remote Assist product efforts in the German market, as they originated in a research project in Berlin with great success.
Aiming to carry the momentum generated in the German market, EPAZ will be expanding its On-Site Remote Assist technology throughout Europe. Epazz Inc. is in the process of adding new languages to TillerStack.com and will be hiring additional personnel in their Dublin, Ireland office.
This product enables field workers to complete their tasks using a real-time video stream that connects remote technicians and back-end office experts. Access to local and distributed knowledge objects, automated expert mapping, and company-specific configurations are also provided by the technology.
When combined with the On-Site Remote Assist product, Epazz’s metaverse technology will allow remote field workers, repair and maintenance crews, and inspection and monitoring teams to conduct on-site video calls.
Crews will be able to communicate with machine experts via on-site On-Site Remote Assistance and create real-time quality assessments, live training, proof of work, and reports.
EPAZ has created smart data glasses as an essential piece of accessory hardware for using the On-Site Remote Assist product.
With multiple products gaining traction and an affordable entry point, EPAZ is a great alternative for investors that are looking to get into the high-tech and AI sectors.
Another option on the OTC market is Artificial Intelligence Technology Solutions, Inc. (OTC: AITX) is a global leader in AI-powered enterprise security and productivity solutions. AITX is a pioneer in the provision of artificial intelligence-based solutions that assist companies in gaining fresh perspectives, resolving challenging issues, and igniting innovative business ideas.
Through their subsidiary, Robotic Assistance Devices, Inc. (RAD), AITX is redefining the security and guarding services industry through its lineup of AI-driven, Solutions-as-a-Service business models.
AITX announced on February 16th that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has progress updates in the healthcare vertical. The physical installation of ROSA-P units at an acute care facility with more than 100 beds has been completed by RAD, making it the company’s largest hospital deployment to date.
This end-user is a large regional hospital group that is part of a healthcare network that includes over 600 locations. The deployment at this single location includes four ROSA-P configurations, each with two ROSA units, as well as one solo ROSA, for a total of nine ROSAs.
This deployment, which has received significant attention from the dealer and healthcare provider communities, was facilitated by one of RAD’s largest dealers.
This deployment is the inaugural large-scale RAD Light My Way deployment. Notably, the hospital staff was given a choice of an additional armed guard or ROSAs with RAD Light My Way, and they overwhelmingly chose the latter.
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