POINT ROBERTS, Wash. and VANCOUVER, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at advancements in artificial intelligence in 2019 and beyond. Last year saw considerable development in artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) in various sectors. This was seen in the proliferation of many startups using AI tech in various spaces, as well as the adoption of the technology by established industry leaders. As 2019 begins, there are already many indicators that AI growth will continue and accelerate. In a year-end review, Forbes B2B technology analyst and consultant David A. Teich highlighted the tendency of major tech companies to lead the way in the adoption of AI. "The technologies and techniques of AI and ML are still so new that the main adopters of the techniques are the large software companies able to hire and to invest in the necessary expertise," he said.

POINT ROBERTS, Wash. and VANCOUVER, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at advancements in artificial intelligence in 2019 and beyond. Last year saw considerable development in artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) in various sectors. This was seen in the proliferation of many startups using AI tech in various spaces, as well as the adoption of the technology by established industry leaders. As 2019 begins, there are already many indicators that AI growth will continue and accelerate. In a year-end review, Forbes B2B technology analyst and consultant David A. Teich highlighted the tendency of major tech companies to lead the way in the adoption of AI. "The technologies and techniques of AI and ML are still so new that the main adopters of the techniques are the large software companies able to hire and to invest in the necessary expertise," he said.

On March 1, 2018, the Company acquired processing prepaid platform, servers, POS terminals, customer list, a processing software program from ECS Prepaid LLC. The core asset of ECS is its processing software program, which Gopher intends to marry immediately into the prior acquisition of the UGO HUB and the UGO brand of products. ECS PrePaid's core operating system currently operates over 9,000 terminals in retail locations throughout the United States. These terminals process over 14,000 transactions a day and have capacity to entertain at least three times its current volume, without further software expense. This platform generated approximately $32 million in revenue for the year ended December 31, 2017 (unaudited), approximately $4.2 million for the month of January 2018 (unaudited) and approximately $4.3 for the month of February 2018 (unaudited).

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For investors trying to understand the opportunity and the size of the market, a report from Statista says that, "In 2017, the global AI market is expected to be worth approximately 1.25 billion U.S. dollars. Some current major uses of artificial intelligence include image recognition, object identification, detection and classification, as well as automated geophysical feature detection. The largest proportion of revenues come from the AI for enterprise applications market." Featured Company: Gopher Protocol, Inc. (OTCQB: GOPH) is a development-stage company developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. The Company has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software.