Quorum AI Named One of the “10 Hot AI-Powered IoT Startups” by Network World
August 27, 2018
SAN FRANCISCO – Quorum AI has been named one of the ten “Hot AI-Powered IoT Startups” by Network World magazine. The article profiles ten innovative companies that are working to bring artificial intelligence (AI) to the Internet of Things (IoT). Quorum AI was recognized for its innovative Engram AI Engine and EVA Platform, which enable on-device learning as well as peer-to-peer communication among AI systems.
“IoT devices typically lack the resources to perform most of the AI techniques we read about in the news,” said Quorum AI CEO Noah Schwartz. “While many companies are trying to solve this problem by building specialized hardware, we’ve taken a different approach, focusing instead on creating more efficient software. As a result, our AI systems learn more with less data, and they don’t require specialized hardware to do it.”
Quorum AI’s core product is the Engram AI Engine, a next-generation AI system that uses a fraction of the resources required by traditional AI methods. This efficiency allows the Engram AI Engine to run on stand-alone devices, such as smartphones or common IoT devices like smart thermostats or industrial sensor systems. Developers who use the Engram AI Engine can embed the engine directly into their devices, enabling the devices to collect data and learn on their own without depending on a centralized server.
Quorum AI’s newest product is the Environment for Virtual Agents, or the EVA Platform. “The EVA Platform enables AI-powered systems to communicate directly with one another, sharing data and insights in real time,” said Schwartz. “For enterprises, the EVA Platform also provides data security and privacy, giving enterprises the ability to control networks of AI-powered systems without depending on third-party cloud-based services.”
The EVA Platform is currently in closed beta with a scheduled release date of October 15, 2018. Parties interested in pre-registration for the EVA Platform can contact Quorum AI through their website at https://quorum.ai/contact.