The platform eliminates noise, compresses footage, and indexes major segments, allowing users to search using natural language queries.
Samsung Next has invested in Memories.ai, a startup specializing in long-term video analytics, capable of processing up to 10 million hours of video.
Using AI, the tool converts large video archives into searchable and structured datasets over multiple videos over hours or days.
The solution employs a layered pipeline. Filter noise, compress important segments, index the content of natural language queries, index segments into meaningful units, and aggregate those insights into digestible reports. This structure allows users to seamlessly search and analyze complex visual datasets.
Dr. Shawn Shen and Enmin (Ben) Zhou, co-founders of Memories.ai, bring the background to Meta's Reality Labs and Machine Learning Engineering.
The company has raised $8 million seed funding, surpassing the $4 million target led by Susa Ventures, including Samsung Next, Fusion Fund, Crane Ventures, Seedcamp and Creator Ventures.
Samsung lends banks to Memories.AI's edge computing strengths. In particular, it enables privacy-sensitive applications such as cloud-independent home security analytics. The startup focuses on security companies and marketers who need scalable tools to sift through a wide range of video content.
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