The Woodlands, TX – April 12, 2022 – SPYR Inc (OTCQB: SPYR) (SPYR), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets, announces exploring AI applications for inclusion into its products.
AI, also known as Artificial Intelligence, is the branch of computer science that aism to answer the question “can machines think?” – it is the endeavor to replicate or simulate human intelligence in machines. While the popular view of AI, nurtured by Hollywood and popular media, portrays robots and supercomputers’ ambitions to take over the world, the reality within the realm of IoT appears far more banal, on the surface. It involves the use of AI decision-making systems to regulate and ‘decide’ on actions within our environment.
“As part of our Secret Lab initiatives, AI frequently comes to the forefront of product development and how to make smart hardware even smarter.” Said Applied Magix CEO Dr. Harald Zink. “For example, various sensors track a number of conditions around your house, but when processed by an AI system, analyzing those conditions can be used to trigger actions that increase security or save you money in the long run.”
” AI is a fascinating field that is fast growing and shows a tremendous amount of promise to make our lives easier in an enriching way” states, Tim Matula, Chief Executive Officer of SPYR Technologies. ” It’s exciting to get updates on what Applied Magix’s Secret Lab is exploring and working on, and hopefully finding its way into our homes at some point in the future.”
Applied Magix doesn’t discuss future products, even really exciting ones, but keep checking SPYR and Applied Magix’s websites and press releases for news about developments and products.
Learn more about Applied Magix by visiting their website at https://AppliedMagix.com
Investors can learn more about SPYR at: https://ir.spyr.com/.
About SPYR Technologies
SPYR Technologies (SPYR) is a technology company which, through its subsidiary Applied Magix Inc., develops and resells Apple® ecosystem compatible products with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.
About Applied Magix
Applied Magix, Inc., develops and resells Apple ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets.
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Address: 6700 Woodlands Parkway, Ste 230 #331
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SOURCE: SPYR Inc