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United States Procurement News Notice - 7274


Procurement News Notice

PNN 7274
Work Detail Today Movidius announced that the company is being acquired by Intel. As a deep learning startup, Movidius’s mission is to give the power of sight to machines. Our leading VPU (Vision Processing Unit) platform for on-device vision processing combined with Intel’s industry leading depth sensing solution (Intel RealSense Technology) is a winning combination for autonomous machines that can see in 3D, understand their surroundings and navigate accordingly,” said Movidius CEO Remi El-Ouazzane. “Today, we’re working with customers like DJI, FLIR, Google and Lenovo to give sight to smart devices including drones, security cameras, AR/VR headsets and more. But today’s smart devices, while compelling, offer just a glimpse of what’s to come.” According to El-Ouazzane, when computers can see, they can become autonomous and that’s just the beginning. Movidius has been attacking this challenge at the device level – combining advanced algorithms with dedicated low-power hardware. At Intel, Movidius engineers will be part of a team that is attacking this challenge from the cloud, through the network and on the device.
Country United States , Northern America
Industry Information Technology
Entry Date 15 Oct 2016
Source http://insidehpc.com/2016/09/intel-acquires-machine-vision-startup-movidius/

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