Project Maven

Palantir is phasing out cash bonuses for employees following a company review of how it spends its resources, according to an internal memo obtained by Business Insider. The secretive data analytics company, founded by conservative billionaire Peter Thiel in…

In today’s changing geopolitical environment, concerns in Washington that the United States is falling behind in critical emerging technologies are commonplace. China and Russia—both identified as great-power competitors of the United States by the current administration—are forging forward with critical investments in technologies ranging from quantum computing to artificial intelligence.…

1 minute readJan 30th, 2020 10:21 AM EST | News Shortly after acquiring AI company Xnor.ai, Apple canceled its contract with Project Maven, a Pentagon project to use artificial intelligence to analyze military drone photos (via The Information—paywall). Project Maven The U.S. Department of Defense wants algorithms to analyze imagery captured…

Apple has cancelled Xnor.ai’s Pentagon contract for military drone work following the iPhone maker’s acquisition of the AI company. Xnor.ai was reportedly working on the controversial Project Maven, which is using AI to identify people and objects in drone v…

Earlier this month Patently Apple posted a report titled "Apple Acquires a Company that Forbes described as one the most Promising Artificial Intelligence companies in America." XNOR.ai was apparently working on the Pentagon's Project Maven which is an artificial intelligence (AI) project that studies imagery that could eventually be used…

WASHINGTON — In American’s technology marketplace, venture capital funds are crucial for pumping capital into small companies in need of cash infusions to keep operating. Part of the venture capital model is acknowledging that many of those businesses will fail, but if a few are successful, venture capitalists can make…

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Palantir executive Shyam Sankar described the company's work developing AI targeting capabilities for drones as "this generation's Manhattan Project," according to two people familiar with the comments.The comments, made during a January all-hands meeting, come as the company expands its work on "Project Maven," a department of defense project which…