The global image recognition market will grow at an annual rate of 21.8 percent between 2018 and 2025, when it will be worth $86 billion, according to a new forecast from Allied Market Research. Cloud-based image recognition services will grow the fastest, according to the firm’s report, with a CAGR of 23.3 percent over the…
“MSU added that CANVAS vehicles will also leverage biometric technology ‘for passenger identification, theft protection and owner personalization.’” Michigan State University is seeking to pioneer the use of advanced new automotive technologies on its 5,200-acre campus. Calling it the “Connected and Autonomous Networked Vehicles for Active Safety”, or “CANVAS”, initiative, MSU is taking advantage of various…
Improved computer vision technology from Google could make a substantial impact in the fight against digital child sexual abuse material (“CSAM”). This kind of technology is already in use, leveraging sophisticated artificial intelligence to flag media that may depict the sexual abuse of children. It’s a disturbing but profoundly important application of computer vision technology,…
Artificial intelligence has always been an exciting concept. AI technology helped to drive the computer revolution of the 1990s, has animated some of the toughest opponents to be faced in video games, and has lately become increasingly talkative on our smartphones. But now that the state of the art is starting to enable computer vision…
A newly announced acquisition of an AI firm points to the growing role of artificial intelligence in retail. The purchaser is Bossa Nova, a US company focused on retail analytics, with offices in San Francisco, Mountain View, and Pittsburgh. And the AI firm it has acquired is HawXeye, which branched off from Carnegie Mellon University’s…
“It’s another sign of the rapid growth of SenseTime, which announced earlier this year that it had become the world’s most valuable AI company after a series-C funding round that brought the company $600 million.” Facial recognition specialist SenseTime is branching out into autonomous driving and augmented reality, according to one of its co-founders. Speaking…
