NVIDIA Corporation (NASDAQ:NVDA) Launches AI Platform to Create Safer, Smarter Cities

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NVIDIA Corporation (NASDAQ:NVDA) Launches AI Platform to Create Safer, Smarter Cities

NVIDIA Corporation (NASDAQ:NVDA) has introduced an intelligent video analytics platform called Metropolis to create safer and smart cities. Metropolis uses the artificial intelligence and deep learning to analyze the massive amount of data from surveillance video for public safety, traffic management, and resource optimization.

Videos are the world’s largest data source, thanks to hundreds of millions of cameras deployed in government property, public transit, commercial buildings, and roadways. By 2020, the total number of cameras is expected to reach about 1 billion, NVIDIA said.

But, the problem is humans can only monitor a fraction of captured video, with most stored on hard drives for later review. So, intelligent video analytics platforms such as Metropolis can deploy deep learning to monitor video instantaneously with accuracy and scalability, NVIDIA said.

The company has teamed up with more than 50 companies – including Avigilon, Dahua, Hanwha Techwin, Hikvision and Milestone – that make cameras for video surveillance.

NVIDIA-AI-City
Source: NVIDIA

“Deep learning is enabling powerful intelligent video analytics that turn anonymized video into real-time valuable insights, enhancing safety and improving lives,” stated Deepu Talla, vice president and general manager of the Tegra business at NVIDIA Corporation (NASDAQ:NVDA). “The NVIDIA Metropolis platform enables customers to put AI behind every video stream to create smarter cities.”

According to a report from Engadget, a city can use a cloud-connected, AI-powered surveillance system to find missing persons, inform residents of emergencies, alert police to crimes in progress and even to send traffic congestion warnings.

“With the fast-paced environment of a city, there are a near infinite number of activities taking place,” Avigilon Chief Technology Officer Dr. Mahesh Saptharishi said in a statement. “We’re excited by the potential of NVIDIA’s Metropolis platform, as Avigilon continues to deliver AI-powered surveillance solutions and video analytics that focus users’ attention on what matters most, in order to take action.”

Shares of NVIDIA Corporation (NASDAQ:NVDA) were up 1.30% on Tuesday. The stock, however, is down over 2% so far this year.