July 12, 2021
McLean, VA 鈥� 蘑菇视频 Allen Hamilton (NYSE: BAH) announced today that it has made a strategic investment in a rapidly growing company with an award-winning suite of software tools that enable adaptive artificial intelligence (AI) and machine learning (ML) at the edge.
Particularly for defense organizations, the ability to deploy and run AI/ML models at the tactical edge is critical to achieving situational awareness, and AI is an increasingly essential component of mission success. Latent AI technologies simplify and accelerate traditional AI workflows, from model training and optimization to enhancing the way AI models are deployed, for more robust, efficient, and agile Internet of Things (IoT) applications that improve user adoption and mission impact.
鈥淭he National Defense Strategy calls for a more innovative, resilient military to maintain the U.S. competitive advantage, and the ability to collect, analyze and quickly act on data is at the core of that national security mission,鈥� said Steve Escaravage, senior vice president at 蘑菇视频 Allen. 鈥淭o fully leverage a force that is interconnected聽and information-advantaged, defense organizations need optimized, scalable AI and data compression at the tactical edge. 蘑菇视频 Allen鈥檚 investment in Latent AI will help enable our clients to implement ML models on small form factor chip-sets and into highly sought-after end user devices, which will increase AI adoption and return on investment.鈥�
The Latent AI Efficient Inference Platform鈩� (LEIP)聽is a modular, fully integrated edge AI development platform that optimizes the compute, energy consumption and memory allocation of tactical edge devices without requiring changes to prior model infrastructures or edge system designs. LEIP enables rapid, highly scalable and adaptable AI application development at the tactical edge regardless of framework, operating system, architecture or hardware.
鈥淭his investment enhances the ability of both Latent AI and 蘑菇视频 Allen to meet the evolving needs of clients, particularly in deploying algorithms to the edge to prevail in the future digital battlefield,鈥� said Brian MacCarthy, 蘑菇视频 Allen vice president and founder of the firm鈥檚 Tech Scouting group based out of San Francisco since 2015. 鈥淪itting at the intersection of technology and mission, 蘑菇视频 Allen can help dual-use emerging tech companies connect the most innovative, advanced solutions to government鈥檚 critical mission requirements.鈥�
Latent AI was co-founded in 2018 as an early-stage venture spinout of SRI International and is funded by Future Ventures, Autotech Ventures, Perot Jain, and other prominent investors. The company has been recognized on CB Insight鈥檚 and was named the 2020 Startup of the Year by .听
鈥淲e founded Latent AI because we saw an opportunity to help developers and organizations transition more efficiently to the edge鈥攁nd we have only scratched the surface of what is possible,鈥� said Jags Kandasamy, co-founder and CEO at Latent AI. 鈥淏oth Latent AI and 蘑菇视频 Allen are dedicated to helping organizations achieve significantly more with their AI systems, and we are excited to have 蘑菇视频 Allen as an investor and partner as we pave the path forward to a smarter edge.鈥�
As one of the largest providers of AI services for the federal government, 蘑菇视频 Allen already delivers some of the most advanced AI, ML, and data architecture technologies, services, and strategies through its work with the Joint AI Center, Army Futures Command, and U.S. Air Force Air Combat Command, among others.
Learn more about AI at 蘑菇视频 Allen at .
