Research and Markets – Amazon Continues Investment in Artificial Intelligence with Orbeus …

DUBLIN, April 6, 2016 /PRNewswire/ –Amazon has acquired PhotoTime creator Orbeus, an artificial intelligence startup that specializes in photo-recognition technology. The acquisition took place in the fall of 2015, according to sources familiar with the matter. This would be the latest in a string of acquisitions in the area of deep learning, with deals already completed for high-performance computing company Nice and video processing company Elemental Technologies.     (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO )Orbeus developed photo-recognition technology based on a powerful type of AI called neural networks. It automatically identifies people and objects in photos and videos. Orbeus released this as a consumer application, called PhotoTime, which came out before Google launched its own AI-based Photos app. It also provided a service for other companies and developers, called ReKognition.The growing demand for intelligent systems…


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