Less Ads, More Data, More Tools Register for FREE

Tekcapital hails ChatGPT-focused eyewear patent filing by investee

Wed, 12th Apr 2023 10:59

(Alliance News) - Tekcapital PLC on Wednesday noted that Innovative Eyewear Inc, in which it holds a 67% stake, filed a patent for a ChatGPT enabled smart eyewear, an AI system supported by Microsoft Corp.

"The software system covered by the patent application focuses on one or more smart devices, which may include smart glasses, that operate with chatbots such as ChatGPT. The inventive application may provide an efficient and effective tool for obtaining a desired response drawn from one or multiple chatbots," Innovative Eyewear, which licences the exclusive rights to the Lucyd eyewear brand, said.

Innovative Eyewear Chief Executive Officer Harrison Gross said: "We believe we are the first smart eyewear company to provide (patent-pending), artificial intelligence voice accessibility on Bluetooth-enabled eyewear. With our new Lucyd app, we are continuing to make eyewear more flexible and smarter than ever before."

Tekcapital shares rose 9.1% to 18.00 pence each on Wednesday morning in London.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Related Shares

More News
22 May 2024 17:28

EARNINGS AND TRADING: Adnams toasts increase in sales but loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately repor...

22 May 2024 11:13

AIM WINNERS & LOSERS: Zenova scores NHS deal; Staffline "encouraged"

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

26 Apr 2024 09:00

Tekcapital's Innovative Eyewear enters deal with New Look Vision

(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its investee Innovative Eyewear, the developer of ChatGPT-enable...

25 Apr 2024 16:00

EARNINGS AND TRADING: ECO Animal revenue up; Zephyr starts drilling

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance New...

18 Apr 2024 11:44

Tekcapital firm Innovative Eyewear hires Micah Richards as brand rep

(Alliance News) - Tekcapital PLC on Thursday said its portfolio company Innovative Eyewear Inc has appointed pundit and former Premier League football...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.