HERZLIYA, Israel, July 01, 2024 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced the availability of its first AI capabilities integrated into Beamr Cloud, its GPU-powered video service. The video AI extension released today enables automatic captioning and transcription generation for videos in multiple languages. This is the first step in extending Beamr Cloud with AI capabilities. Beamr plans to release additional video AI extensions later this year.
Beamr CEO Sharon Carmel explains, “What we experience today in terms of watching, using and consuming video content is just the tip of the iceberg as the world of video undergoes a revolution. The video process is no longer focused on storage and streaming challenges as the video itself transforms into AI video. With AI video, for example, you can search within video just like you would text – you know what's in the video, who's doing what and what they're saying. Video AI capabilities also include improved quality and appearance, and faster delivery to customers.”
“We are investing in the future of video processing by integrating the first video AI workflow into our service,” said Dani Megrelishvili, chief product officer at Beamr. “We believe the unique strength of Beamr Cloud is its combination of AI enhancements and high-performance video optimization. Today's release, powered by GPUs, is another step toward our mission to streamline AI, machine learning and video processing.”
A study released by the company earlier this year showed that Beamr Content Adaptive Technology (CABR) reduced video files by 40% without sacrificing quality, streamlining machine learning processes and delivering significant storage and cost savings.
Beamr Cloud delivers essential, easy-to-use and efficient video processes for companies with large video libraries or who rely heavily on video for their operations. The service is designed for customers in industries such as AI, Internet of Things (IoT), user-generated content and other emerging markets. Beamr Cloud is based on Beamr's patented and award-winning technology that reduces file sizes by 30%-50%, lowering storage, network and CDN costs while maintaining video quality.
about beam
Beamr (Nasdaq: BMR) is a global leader in content-adaptive video solutions. With 53 patents and a 2021 Technology & Engineering Emmy Award and a 2021 Seagate Lyve Innovator of the Year Award, Beamr's perceptual optimization technology can reduce bitrates by up to 50% while ensuring quality. home page
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