Tag Archives: investment

AI.Reverie Gets In-Q-Tel Investment for Computer Vision Simulation Platform

In-Q-Tel, the intelligence community’s venture capital arm, has made a strategic investment in AI.Reverie to further develop the latter company’s computer vision simulation platform designed to meet government agencies’ operational requirements. AI.Reverie’s platform is designed to create photorealistic virtual worlds to mimic real-time locations and provide automatically annotated synthetic data and various scenarios and objects to facilitate training of algorithms and artificial intelligence tools, IQT said Tuesday.
 

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Jacobs’ Steven Demetriou on State, Local Infrastructure Funding, Corporate Priorities

Steven Demetriou, chairman and CEO of Jacobs Engineering Group, told Bloomberg in a video interview aired Thursday that he sees robust funding of state and local government agencies for infrastructure. He said most of the new governors prioritize infrastructure and funding has been unleashed across several areas such as transportation, airports, water and railways.
 

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Tony Moraco: Engility Purchase Allows SAIC to Pursue Larger-Scale Contracts in Space, Intell Markets

Tony Moraco, CEO of Science Applications International Corp., told The Washington Post in an interview published Sunday the added scale brought by the $2.5B acquisition of Engility allows SAIC to go after larger business opportunities and new markets in the federal government. “This allows us within this market to pursue and deliver on larger-scale contracts, predominantly in the space and intelligence markets, as well as mission assurance and spaceflight,” he said of the transaction.

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