GBT Technologies Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

GBT Technologies Inc. is a technology company. The Company is focused on chip design and software and is developing a portfolio of intellectual property that enables the Internet of things (IoT), global mesh networks, and for applications relating to artificial intelligence (AI). It is engaged in provision of information technology (IT) consulting services and selling electronic products through e-commerce platforms. The Company is engaged in the development of IoT and AI enabled networking and tracking technologies, including wireless mesh network technology platform and fixed solutions, development of an intelligent human body vitals device, asset-tracking IoT, and wireless mesh networks. Its GopherInsight platform uses public radio frequency (RF) spectrum to facilitate a private network between enabled devices. It utilizes this private secure network to improve the computing power, database management, internal memory, and security of devices equipped with GopherInsight Microchips.