Artificial Intelligence: Clearview AI To Expand Its Vistas Beyond Law Enforcement

April 5, 2022 | Artificial Intelligence, News
https://dailyalts.com/wp-content/uploads/2022/04/image01.jpg

Co-founder and CEO Hoan Ton-That trashed reports that Clearview AI, his controversial startup, was up for sale.

Clearview AI, the facial recognition startup that has often been in the cross-hairs of privacy advocates, intends to branch out beyond its beat of law enforcement and governments to banks and other private businesses, and is not looking to sell itself. (AP)

Refuting reports that emerged from a recent court filing and said Clearview was being sold, Clearview co-founder and CEO Hoan Ton-That told AP: “We don’t have any plans to sell the company.”

The minutes of a hearing held on March 17 in a Chicago federal court revealed that Clearview AI was “considering selling the app platform to other entities,” and that the “sale of Clearview’s app” would be discussed in detail later.

Ton-That went on to clarify that the company was contemplating a new line of business that would verify people’s identity using a “consent-based” approach, such ID checks being the “least controversial use case” of facial recognition.

However, Ton-That clarified that the new product would not involve its huge data base of 20 million images that were reserved for use by law enforcement.

“We’re really focused on law enforcement right now,” he said.

“When we gave this to law enforcement, we saw such amazing success right away where they could ID so many victims of crime or perpetrators of it that it was a kind of a no-brainer at that point to really focus on that kind of use case.”

It was reported in December that Clearview was near to being awarded a patent for a “search engine for faces” that can roam the internet to find matches.

The US Patent and Trademark Office had sent Clearview a “notice of allowance” that essentially grants the patent subject to payment of fees.

Related Story: Controversial AI Company Clearview To Nab Patent For “A Search Engine For Faces”

Image of HOAN TON-THAT : https://hoantonthat.com/ , Hoan Ton-That

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…