Artificial Intelligence: Deals In Video Analytics, Tactical Decisionmaking

https://dailyalts.com/wp-content/uploads/2022/04/shaking-hands-3096229_640.jpg

Booz Allen invests in Reveal Technology; Motorola acquires Calipsa

Here are two interesting deals in AI – one, in tactical decisionmaking, the other in AI-assisted video surveillance.

Booz Allen – Reveal Technology

Military, government and business consulting firm Booz Allen Hamilton (NYSE: BAH) has made a strategic investment in Reveal Technology, Inc., a visual analytics and edge artificial intelligence (AI) company.

“Reveal has developed solutions that increase situational awareness and accelerate the decision cycle for dismounted warfighters. Their technology provides rapid, actionable intelligence at the squad and soldier levels while answering the government’s call for speeding the delivery of applied and tactical AI to the battlefield,” said Joel Dillon, Booz Allen senior vice president of digital battlespace special missions. “It’s a gamechanger—and something I wish I had when I was in combat.”

Beyond special operations, there is future potential to apply Reveal’s technology to such mission-critical use cases as natural disaster response, public safety crises, maritime search and rescue, and more. (BusinessWire)

Motorola Solutions – Calipsa

Motorola Solutions (NYSE: MSI) has acquired Calipsa, Inc., a technology leader in cloud-native advanced video analytics based in London, U.K.

Calipsa’s unique cloud-based technology allows customers to add AI to existing IP-based cameras without additional hardware, enabling new analytics capabilities on the millions of IP-based cameras already deployed.

“We believe AI, spanning from the edge to the cloud, is driving the future of video security,” said Greg Brown, chairman and CEO, Motorola Solutions. “With Calipsa, we can rapidly extend our intelligent analytics across any video security solution and support the accelerating trend of enterprises using cloud technologies to enhance safety and security.” (BusinessWire)

Related Story: Bosch Acquires Five.ai For Automated Driving

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/2022/08/logo-ripple.jpg
Digital Assets: Ripple Labs Eyeing Pieces Of Celsius In Bankruptcy Wreckage
August 10, 2022     Digital Assets, News

Ripple Labs, the blockchain payments company that created the XRP cryptocurrency, is interested in purchasing assets of Celsius Network, the crypto lender that was forced into bankruptcy amidst the meltdown…

https://dailyalts.com/wp-content/uploads/2022/08/Nuri.png
FinTech: German Bank Nuri Files For Insolvency Amidst Macro Environment And Crypto Bear Market
August 10, 2022     Digital Assets, FinTech, News

Nuri, a digital banking platform and app, offered users crypto transactions as well as normal banking activities including a debit card. The firm announced it had filed for insolvency on…

https://dailyalts.com/wp-content/uploads/2022/08/TX-SCARA_Press_1-1-1-1030x644-1.jpg
Artificial Intelligence: AI Robot TX SCARA To Debut In 300 FamilyMart Stores In Japan
August 10, 2022     Artificial Intelligence, Latest News, News

Telexistence Inc., the Japanese robotics company, announced the launch of its TX SCARA restocking robots in 300 FamilyMart convenience stores in Japan later this month as part of its AI-based…

https://dailyalts.com/wp-content/uploads/2022/08/Coinbase-Mobile-–-Splash.png
Alternative Investments/Digital: GraniteShares Launches The First Coinbase Leveraged ETF
August 10, 2022     Alternative Investments, News

US ETF issuer GraniteShares, which first launched leveraged ETFs on single stocks in the UK in 2019, and now offers 106 such products across Europe, has listed a suite of…