Search Results for: military

Lockheed Martin offers numerous artificial intelligence solutions to the US military. The company claims to help military operators effectively complete both routine and critical missions with less risk of endangering the lives of military operators. In 2017, Lockheed Martin reported $51 billion in revenue, $35.2 billion reported from contracts with the US Government. This makes Lockheed Martin the largest contractor for the US military and the largest defense contractor in the world.

Boeing offers a number of autonomous vehicles to the military, which it claims can help military operators effectively complete both routine and critical missions with less risk of endangering the lives of military operators. In 2017, Boeing Defense, the predominantly non-commercial division of Boeing that focuses on government contracts, reported 29.5 Billion dollars in revenue. This makes it the second largest defense contractor for the US military and the world. Boeing, established in 1916,  is a publicly traded company that employs over 120,000 people.

This report attempts to highlight the wide array of real-world use cases of machine vision in the military. Several militaries claim to leverage machine learning, working with contractors and companies in some cases to deliver AI solutions. We found that these solutions help highlight the wide breadth of current and near-term military applications of machine vision. The companies and organizations discussed in this report help various militaries with at least one of the following:

The market for military robotics is massive, and many developments can be observed in public competitions, university campuses, and DARPA's own announcements.

1 - IBM Acquires Merge Healthcare to Grow Watson

IBM announced Thursday that it had made its third acquisition of a healthcare company, since establishing its Watson health business in April. The purchase is the next layer on top of an already established partnership with pharmacy giant CVS, with which it will work to spearhead data-driven diagnostics and advisory services that help customers with chronic conditions like diabetes and heart disease. Watson will be able to take in a more holistic picture of a customers' health, rather than blindly narrow in on any abnormalities. Watson owes its advances in the health world to IBM researchers, who have been training it in image recognition.

In previous Emerj articles in the AI Power series, we've taken a hard look at AI's increasing influence both in the macrocosm of our global politics and, more intimately, where it stands to hijack human reward systems through essentially the same forces that drove the ascent of the internet in the late 1990s and early 2000s.

Retail fraud and loss prevention have always been significant business concerns impacting profitability and customer trust. However, with the emergence of AI technologies, there is a newfound potential to combat these challenges more effectively. 

Many of today's most popular digital products — from video games to social media and beyond — owe their popularity (and profitability) directly to their addictive potential. 

Compliance workflows across financial services are no strangers to AI. Noncoding enterprise leaders are often awash in reports on how robust the AI vendor market is for AML and KYC or KYCC (know your customer's customer) compliance. Celent estimated that spending in the financial services sector on AML/KYC compliance tech and operations would reach $37.1 billion last year, an increase of 13.7% from 2020. 

When Facebook bought Oculus in 2014 for over a billion dollars, it was an investment ahead of its time. For years virtual reality remained an interesting novelty and little more.