Connect with us

Technology

iPod Inventor and Nest Founder Tony Fadell Backs Plumerai’s Tiny AI, Hailing It as a Massive Market Disruption Democratizing AI Technology Starting with Smart Home Cameras

Published

on

Plumerai Announces Partnership with Chamberlain Group, the Largest Manufacturer of Automated Access Solutions found in 50+ million homes

LONDON, Oct. 7, 2024 /PRNewswire/ — Plumerai™, a pioneer in on-device AI solutions since 2018, today announced a major partnership with Chamberlain Group, whose brands include myQ and LiftMaster, marking a significant milestone in the adoption of its Tiny AI technology.

To achieve features like People Detection and Familiar Face Identification, cloud-based AI and, in particular, Large Language Models (LLMs) require vast remote data centers, consume increasing amounts of energy, pose privacy risks, and incur rising costs. Plumerai’s Tiny AI can do all this on the device itself, is cost-effective, chip agnostic, capable of operating on battery-powered devices, doesn’t clog up your bandwidth with huge video uploads, and has minuscule energy requirements. Moreover, it boasts the most accurate on-device Tiny AI on the market and offers end-to-end encryption. Already running locally on millions of smart home cameras, Plumerai’s Tiny AI is making communities safer and lives more convenient, while proving that in AI, smaller can indeed be smarter. Plumerai has gained strong backing from early investor Tony Fadell, Principal at Build Collective along with Dr. Hermann Hauser KBE, Founder of Arm, and LocalGlobe.

“Tiny AI is a paradigm shift in how we approach artificial intelligence,” said Roeland Nusselder, Co-founder and CEO at Plumerai. “This approach allows us to embed powerful AI capabilities directly into smart home devices, enhancing security and privacy in ways that were once considered unfeasible. It’s not about making AI bigger – it’s about making it smarter, more accessible, and more aligned with people’s real-world needs.”

Key Features of Plumerai’s Tiny AI on the Edge, No Cloud Required

Person, Pet, Vehicle, and Package Detection notifications in .7 seconds vs. average smart cam 2-10 seconds. This may sound like an incremental improvement, but anyone that has a smart cam will appreciate this is a game-changer.Familiar Face Identification and Stranger Detection deliver accurate notifications while protecting privacy; tag up to 40 “safe” i.e. familiar individuals.Multi-Cam Person Tracking (first of its kind!) for comprehensive surveillance.Advanced Motion Detection with rapid response time of, on average, .5 seconds which greatly extends battery life. Over-the-Air updates for products in the field means faster Go-to-Market.

Plumerai has built the most accurate Tiny AI solution for smart home cameras, trained with over 30 million images and videos. Consistently outperforming competitors in every commercial shootout, Plumerai is the undisputed leader in both accuracy and compute efficiency. Internal test comparisons against a leading smart camera, widely regarded as the most accurate among established smart home players, revealed striking results: leading smart camera’s AI incorrectly identified strangers as household members in 2% of the recorded events, while Plumerai’s Familiar Face Identification made no incorrect identifications.

“Plumerai’s technology gives companies a significant edge in a competitive market, proving that efficient, on-device AI is the future of smart home security. It’s a perfect showcase for Tiny AI’s strengths – privacy, real-time processing, and energy efficiency. I’m excited by Plumerai’s potential to expand into other IoT verticals and redefine edge computing,” said Dr. Hermann Hauser KBE, Founder of Arm.

Providing a ready-to-integrate end-to-end solution for AI on the edge, Plumerai is making AI more competitive and a reality for more companies. This breakthrough provides consumers with more options outside the realm of big tech giants like Google, Amazon, Microsoft, and Apple. Unlike other battery powered “smart” cams that send their video feed to the cloud over power-hungry Wi-Fi, Plumerai enables the use of low-power mesh networks to send notifications. With Plumerai companies can easily change their chips without losing AI features.

“Integrating Plumerai’s Tiny AI into our smart camera lineup has allowed us to offer advanced AI features on affordable, low-power devices. This enables us to provide our customers with smarter, more efficient products that deliver high performance without the need for cloud processing,” said Jishnu Kinwar, VP Advanced Products at Chamberlain Group.

Notably, 11+ million people rely on Chamberlain’s myQ app daily to access and monitor their homes, communities and businesses, from anywhere.

“Plumerai’s Tiny AI isn’t just an incremental advance – it’s a massive market disruption,” said Tony Fadell, Nest Founder and Build Collective Principal. “While Large Language Models capture headlines, Plumerai is getting commercial traction with its new smaller-is-smarter AI model. Their Tiny AI is faster, cheaper, more accurate, and doesn’t require armies of developers harnessing vast data centers.”

About Plumerai
Plumerai™ is a pioneering leader in embedded AI solutions, specializing in highly accurate and efficient Tiny AI for smart devices. As the market leader in licensable Tiny AI for smart home cameras, Plumerai powers millions of devices worldwide and is rapidly expanding into video conferencing, smart retail, security, and IoT sectors. Their comprehensive AI suite includes People Detection, Vehicle detection, Animal detection, Familiar Face Identification, and Multi-Cam Person Tacking, all designed to run locally on nearly any camera chip. Headquartered in London and Amsterdam and backed by Tony Fadell, Principal at Build Collective, Dr. Hermann Hauser, Founder of Arm, and LocalGlobe. Plumerai enables developers to add sophisticated AI capabilities to embedded devices, revolutionizing smart technology while prioritizing efficiency and user privacy.

About Build Collective
Build Collective, led by Tony Fadell, is a global investment and advisory firm coaching engineers, scientists, and entrepreneurs working on foundational deep technology. With 200+ startups in its portfolio, Build Collective invests its money and time to help engineers and scientists bring technology out of the lab and into our lives. Supporting companies beyond Silicon Valley, Build Collective’s portfolio is based mainly in the EU and US with some companies in Asia and the Middle East. From tackling food security, sustainability, transportation, energy efficiency, weather, robotics, and disease to empowering small business owners, entrepreneurs, and consumers, the startups in Build Collective’s portfolio are improving our lives and prospects for the future. With no LP’s to report to, the Build Collective team is hands-on and advises for the long-term.

About Chamberlain Group
Chamberlain Group is a global leader in intelligent access and Blackstone portfolio company. Our innovative products, combined with intuitive software solutions, comprise a myQ ecosystem that delivers seamless, secure access to people’s homes and businesses. CG’s recognizable brands, including LiftMaster®  and Chamberlain® , are found in 50+ million homes, and 11+ million people rely on our myQ®  app daily to control and monitor their homes, communities and businesses, from anywhere. Our patented vehicle-to-home connectivity solution, myQ Connected Garage, is available in millions of vehicles from the leading automakers.

Media Contact:
Elise Houren
elise@buildc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ipod-inventor-and-nest-founder-tony-fadell-backs-plumerais-tiny-ai-hailing-it-as-a-massive-market-disruption-democratizing-ai-technology-starting-with-smart-home-cameras-302268706.html

SOURCE Plumerai

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

CGTN America & CCTV UN: China Sci-Tech Innovation Gala showcases breakthroughs

Published

on

By

On December 30, 2024, China Media Group (CMG) debuted the “China Sci-Tech Innovation Gala,” a science and technology festival, featuring “new quality productive forces”.

WASHINGTON, Jan. 8, 2025 /PRNewswire-PRWeb/ — On December 30, 2024, China Media Group (CMG) debuted the “China Sci-Tech Innovation Gala,” a science and technology festival, featuring “new quality productive forces”.

CMG says it will plan more innovative programs to tell the stories of China’s scientific and technological innovation to the world.

The gala brings together the best innovations of the year and interprets the “inspiring soul” of science and technology in an imaginative way.

Featuring robotic bands, virtual hosts, drones, and breakthroughs in AI, brain-computer interfaces, and space exploration, the event brought innovation to life.

Click here for more about https://newsus.cgtn.com/news/2025-01-08/China-Sci-Tech-Innovation-Gala-showcases-breakthroughs-1zZ7oY2OTPW/p.html

FOR IMMEDIATE RELEASE. (This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.)

Media Contact

Zeng Siwei, CGTN America, 1 2023931850, Distribution@cgtnamerica.com 

View original content:https://www.prweb.com/releases/cgtn-america–cctv-un-china-sci-tech-innovation-gala-showcases-breakthroughs-302345988.html

SOURCE CGTN America

Continue Reading

Technology

Semiconductor In Military And Aerospace Market size to increase by USD 3.45 Billion between 2024 to 2029, Market Segmentation by Application, Product, Geography , Technavio

Published

on

By

NEW YORK, Jan. 8, 2025 /PRNewswire/ — The global semiconductor in military and aerospace market size is estimated to grow by USD 3.45 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of 6% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

Application 1.1 Defense1.2 AerospaceProduct 2.1 Memory2.2 Logic2.3 MOS microcomponents2.4 Analog2.5 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

Buy full Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!at US USD2500 – Buy Now

1.1 Fastest growing segment:

The defense segment of the semiconductor market is projected to experience significant growth during the forecast period. This expansion is driven by the ongoing demand for advanced military applications, particularly in the areas of electronic warfare and radar. Compound semiconductors, including diodes, transistors, and switches, are integral to these applications due to their superior speed processing and radiation hardness. Notable investors in this field include the US Department of Defense and the Defense Advanced Research Projects Agency, who are funding research into advanced compound semiconductor materials like SiC for improved radar efficiency. Semiconductors play a crucial role in the development of sophisticated electronic systems and equipment for defense applications. They are employed in electronic warfare systems, radar systems, communication devices, and drone and missile guidance systems. The demand for high-performance semiconductors is further fueled by the increasing need for reliable and secure communication systems and the integration of advanced technologies such as machine learning and artificial intelligence. A prime example of semiconductors’ utilization in defense is the implementation of Field-Programmable Gate Arrays (FPGAs) in electronic warfare systems. FPGAs’ capacity to reconfigure and adapt to evolving threat conditions makes them indispensable components of electronic countermeasure systems. As trends in the defense sector evolve, there is a growing emphasis on reducing the size, weight, and power of integrated circuits (ICs). Commercial-off-the-shelf (COTS) components are increasingly being adopted for various applications due to the expanding availability of suitable commercial parts for military uses. This trend, fueled by the increasing adoption of semiconductors in the military and aerospace industry, is expected to drive the growth of the market in focus during the forecast period.

Analyst Review

The semiconductor market in military and aerospace is experiencing significant growth due to the integration of advanced technologies such as data storage, smart factories, IoT security, digital marketing, data visualization, predictive analytics, cybersecurity, and 5G technology. These innovations are driving digital transformation in the industry, enabling real-time data processing, improved efficiency, and enhanced security. Data management and data privacy are critical concerns, with the need for data security and ethical use of data. Remote work and autonomous vehicles are also influencing the market, requiring semiconductors with high performance and low power consumption. Semiconductor design and manufacturing are evolving with the adoption of edge computing, business intelligence, and AI technologies like deep learning. The semiconductor roadmap includes sustainability initiatives, regulatory compliance, and innovation to address the semiconductor chip shortage and ethical concerns. The semiconductor market outlook is positive, with strategies focusing on semiconductor standards, workforce development, and supply chain optimization. Semiconductor services are essential for supporting the design, manufacturing, and implementation of these advanced technologies. Overall, the semiconductor industry is at the forefront of technological advancements, shaping the future of military and aerospace applications.

Market Overview

The semiconductor market in military and aerospace is experiencing significant growth due to the integration of advanced technologies such as the Internet of Things (IoT), AI, and data analytics. Semiconductor products, including logic devices, microcontroller units, and memory chips, play a crucial role in wired communication, data processing, and AI integration in various application areas. Silicon carbide and silicon chipsets are key components in the development of high-performance electronic systems for government projects and the telecom industry. The market is driven by key factors such as consumer behavior, data infrastructure needs, and business revenues from data center applications and industrial automation systems. The automotive industry also contributes to the market growth through the adoption of semiconductor products in electric vehicles and advanced driver assistance systems. Manufacturing agreements and collaborations between companies are essential market research strategies to stay competitive in this dynamic industry. Key drivers include the increasing demand for memory protection units, insulators, and memory chips in various application areas, including consumer electronics, machine learning, and big data processing.

To understand more about this market- Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/semiconductor-in-military-and-aerospace-market-size-to-increase-by-usd-3-45-billion-between-2024-to-2029–market-segmentation-by-application-product-geography—technavio-302344610.html

SOURCE Technavio

Continue Reading

Technology

RapidCanvas Appoints Mayuresh Kshetramade as Chief Operating Officer to Scale Growth Amid Rising Demand for Solutions Powered by Purpose-Built AI Agents

Published

on

By

In his new role, Mayur will lead RapidCanvas’ go-to-market strategy, revenue initiatives, and customer success programs, ensuring that the company’s AI-powered platform remains at the forefront of business transformation.

AUSTIN, Texas, Jan. 8, 2025 /PRNewswire-PRWeb/ — RapidCanvas, a leader in delivering transformative AI-powered solutions that empower businesses to achieve faster and more impactful outcomes, is pleased to announce the appointment of Mayuresh (“Mayur”) Kshetramade as its Chief Operating Officer (COO). With over two decades of expertise in scaling technology businesses and driving customer-focused growth, Mayur’s leadership comes at a pivotal time as RapidCanvas accelerates its mission to successfully put AI agents to work, addressing tech talent shortage. This announcement follows RapidCanvas’s recent $16M Series A funding round, underscoring the company’s rapid growth and commitment to transforming the AI landscape.

“As we continue to redefine what’s possible with AI, Mayur’s ability to align innovative AI capabilities with customers’ strategic business needs will help RapidCanvas chart new avenues for growth and impact,” said Rahul Pangam, CEO of RapidCanvas.

Mayur joins RapidCanvas after a transformative tenure as CEO of CJ, where he spearheaded global growth, introduced groundbreaking offerings in influencer and creator marketing, and cemented the company’s position as a market leader. His career spans multiple leadership roles across data-driven technology businesses, including executive positions at Epsilon (acquired by Publicis Groupe in 2019), Affinnova (acquired by Nielsen in 2014), and early roles in quantitative research at organizations like The World Bank.

“Mayur is a seasoned leader with a rare combination of strategic vision, operational expertise, and a deep understanding of how to scale innovative businesses,” said Rahul Pangam, CEO of RapidCanvas. “As we continue to redefine what’s possible with AI, his ability to align innovative AI capabilities with customers’ strategic business needs will help RapidCanvas chart new avenues for growth and impact. His appointment underscores our commitment to becoming the go-to platform for reliable, production-grade AI solutions.”

In his new role, Mayur will lead RapidCanvas’ go-to-market strategy, revenue initiatives, and customer success programs, ensuring that the company’s AI-powered platform remains at the forefront of business transformation. RapidCanvas’s unique approach combines purpose-built AI agents with human expertise to deliver outcomes 10x faster and at 80% lower costs compared to traditional solutions.

“Joining RapidCanvas represents an incredible opportunity to drive meaningful impact through AI,” said Mayuresh Kshetramade. “The company’s innovative ‘Service-as-Software’ model is reshaping the AI landscape, allowing businesses to overcome the technical talent gap and unlock growth opportunities at unprecedented speed. I look forward to working with the team to expand our platform’s reach, deliver transformative outcomes, and solidify RapidCanvas’ position as the trusted leader in providing AI solutions that deliver measurable business impact.”

RapidCanvas has garnered attention for its revolutionary approach to AI, leveraging Large Language Models (LLMs) and expert-in-the-loop frameworks to automate up to 75% of complex tasks while ensuring human oversight at critical decision points. The platform’s Reliable AI framework ensures all outputs are secure, explainable, and validated, making it a trusted choice for enterprises navigating digital transformation.

This strategic leadership appointment further cements the company’s dedication to innovation, customer success, and market expansion.

Media Contact

Kavya Ram Mohan, RapidCanvas, 91 9361579816, kavya@rapidcanvas.ai 

View original content to download multimedia:https://www.prweb.com/releases/rapidcanvas-appoints-mayuresh-kshetramade-as-chief-operating-officer-to-scale-growth-amid-rising-demand-for-solutions-powered-by-purpose-built-ai-agents-302345466.html

SOURCE RapidCanvas

Continue Reading

Trending