International. FLIR Systems announced that it has made a strategic investment in CVEDIA, a developer of machine learning applications that are used to enable sensor systems with artificial intelligence.
CVEDIA's SynCity simulator software provides realistic, multimodal digital environments for autonomous system OEMs and related sensor manufacturers to train their systems in a faster, safer, and more affordable way than leveraging traditional data collection techniques. The company has developed SynCity to present real-world physics; simulate a multitude of ambient and lighting conditions; and render objects such as people, animals, and cars in a way that AI systems interpret as real and realistic.
This investment will create opportunities for companies to accelerate the development of thermal spectrum-based deep learning training tools for use by FLIR and select partners in integrating artificial intelligence into FLIR sensors and systems and also provide CVEDIA with growth capital to enable the expansion of its business.
"This investment in CVEDIA will enhance our ability to innovate sensing solutions that enable our customers to make mission-critical decisions faster and more accurately," James Cannon, flir president and CEO, said in a statement. "The addition of software algorithms that automatically inform a user or critical information system is a valuable feature that augments the distinctive and rich data our sensors produce. We see a broad applicability of these tools in our innovation of highly advanced solutions, and look forward to collaboration with the CVEDIA team."
