UltronAI joins NVIDIA Inception program to scale AI-powered computer vision engines for retail

UltronAI, a CMU-startup building enterprise software with its proprietary AI-powered computer vision engines to revolutionize the retail industry, announced it has been accepted into the NVIDIA Inception, a program that helps startups accelerate the development of technological solutions and fast-track company growth.

As part of the NVIDIA Inception community, UltronAI will benefit from collaboration with other AI-focused experts and venture capitalists, integration into NVIDIA’s ecosystem and technical tools and education.

''Joining the NVIDIA Inception Program will help us leverage NVIDIA’s extensive technology and resources as we expand the limits of how retailers use computer vision today,'' said Marios Savvides, founder, Chairman and CTO at UltronAI. ''NVIDIA’s market-leading Graphics Processing Unit (GPU) technology enables us to imagine and build the future of retail, where every interaction is seamlessly enhanced by intelligent visual computing.''

UltronAI helps retailers, retail solution providers, and retail systems integrators incorporate AI-powered computer vision into retail operations to quickly and accurately detect, identify, and track products, carts, and humans to help reduce shrink and drive optimization decisions.

''Today’s retailers need access to powerful, accurate, and cost-effective computer vision that can be trusted, even when store conditions are challenging,'' said Stefanos Damianakis, CEO, UltronAI. ''AI based Computer vision has the power to transform everything from shrink detection and mitigation to operational efficiency for retailers. Having a network like the NVIDIA Inception program in our toolkit will help us deliver on that vision sooner, ensuring that we can access technology and capital at this critical point in the company's growth.''

www.ultronai.com

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