Artificial Intelligence Gaining Interest in Security Organizations

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BrainChip, which has developed human-like artificial intelligence technology, is aiming to unveil a range of new clients including casino giants, major manufacturers, airports and US government departments, which will use its developments to detect problems in real time and prevent terrorist attacks.   

The company has developed a Spiking Neuron Adaptive Processor (SNAP) technology, which learns autonomously in the same way as a human brain. It has begun to impress local investors as it demonstrates clients willing to incorporate SNAP into products.

Understandably shares in the company spiked this year when it revealed one of Las Vegas’ largest casinos was rolling out a product based on its technology called “Game Outcome” to monitor dealers on its tables for errors.

According to afr.com, the company will close another deal in the sector, with casino giants MGM. The company is also getting attention in the fields of civil surveillance and industrial visual inspection.

DiNardo.

The current applications for Brainchip’s technology are based on its ability to recognise visual patterns, for example from security cameras, and spot anomalies or problems. In the casino it spots when a dealer makes a potentially expensive mistake, but security agencies and airports are investigating its potential to stop crimes or even terrorist attacks in their tracks.

At least two European airports are using Brainchip to help identify intrusions. It has also already been deployed by a major, undisclosed, European police department to watch people coming through subway stations on video cameras, in order to match faces with lists of wanted suspects.

“Until now, all video is good for is after something horrible happens, they’ve got some footage to try and go back and figure out what happened. Our goal is to try and provide a preventative alert, so that security can jump on it and prevent disasters. “Aside from security, CEO Louis DiNardo said the technology has a huge range of uses for industry, and Brainchip is believed to be close to announcing a deal with a multibillion-dollar industrial services company, which would be able to use its technology to monitor operations in a way not possible before with human supervision. “We can do a visual inspection in real time just like we do in surveillance or the casino gaming application, and flag it preventatively rather than the company having to figure out what part went wrong when it doesn’t work.”