Latest news with #VLM
Business Wire
12-08-2025
- Business
- Business Wire
Hyperscience Recognized on the 2025 Inc. 5000 List of Fastest-Growing Private Companies in America
NEW YORK--(BUSINESS WIRE)-- Hyperscience, a market leader in hyperautomation and a provider of enterprise AI infrastructure software, today announced its inclusion on the prestigious 2025 Inc. 5000 list of America's fastest-growing private companies. The company's proven success in delivering operational efficiencies across numerous verticals has earned it a spot on the list for the first time. This placement comes on the heels of a breakout year marked by the release of the company's Optical Reasoning and Cognition Agent (ORCA), its next-generation Vision-Language Model (VLM), and rapid adoption of its platform across government agencies, global enterprises, and regulated industries. 'Being recognized on the Inc. 5000 list for the first time reflects the years of hard work and commitment of our teams, and is a testament to our achievements in leading the charge for intelligent automation,' said Andrew Joiner, CEO of Hyperscience. 'At Hyperscience, we're not just building AI, we're reshaping how the world works with information. This placement reinforces our mission to deliver AI that understands, empowers, and accelerates outcomes for organizations everywhere.' Hyperscience transforms organizations everywhere with a turnkey AI platform that accelerates the processing of documents and forms that flow through an enterprise's back office. Designed with a 'human-in-the-loop' approach, this platform leverages the strengths of both humans and machines. Hyperscience comprehensively manages data from input to extraction, orchestrating end-to-end processes. With industry-leading accuracy (99.5 percent) and automation (98 percent), Hyperscience automates tedious tasks, enabling workforces to spend their time on higher-level projects. The Inc. 5000 list, compiled annually by Inc. magazine, ranks the 5000 fastest-growing private companies in the United States based on revenue growth over the past three years. Making the Inc. 5000 is a significant achievement that places Hyperscience among the most dynamic and successful businesses in the country. For the full list, company profiles, and a searchable database by industry and location, visit: About Hyperscience Hyperscience is a market leader in hyperautomation and a provider of enterprise AI infrastructure software. The Hyperscience Hypercell platform unlocks the value of an organization's back office data through the automation of end-to-end processes, and transforms complex documents into LLM and RAG-ready data to power new enterprise GenAI experiences. This enables organizations to transform manual, siloed processes into a strategic advantage, resulting in a faster path to decisions, actions, and revenue; positive and engaging customer, public, and patient experiences; and dramatic increases in productivity. Leading organizations across the globe rely on Hyperscience to drive their hyperautomation initiatives, including American Express, Charles Schwab, HM Revenue and Customs, Mars, Stryker, The United States Social Security Administration, and The United States Department of Veterans Affairs. The company is funded by top tier investors including Bessemer Venture Partners, Battery, FirstMark, Stripes, and Tiger Global.
Business Wire
29-07-2025
- Business
- Business Wire
Vena Recognized as a Leader With Outstanding Overall Rating in 2025–2026 Performance Management Vendor Landscape Matrix from BPM Partners
TORONTO--(BUSINESS WIRE)-- Vena, the only Complete FP&A platform powered by agentic AI and purpose-built to fully amplify the Microsoft technology ecosystem, today shared its eight total Outstanding and Excellent rankings in the new 2025–2026 Performance Management Vendor Landscape Matrix (VLM) produced by BPM Partners, the leading independent authority on business performance management. Vena was ranked as an all-around Outstanding provider, the highest possible ranking, with a score of 4.69 out of 5, signaling its ongoing success in providing customers with a holistic financial planning solution that meets their needs. In addition to its overall ranking, Vena was a Top-rated provider in the Budgeting and Planning and Customer Support categories with scores of 4.85 and 4.62 respectively, well above competitors in both categories. The company also earned Excellent rankings in the following five categories: Performance and Scalability, Financial Reporting, Financial Consolidation, Finance Self-Sufficiency and Ease of Use. The VLM found Vena's key strengths to be its intuitive interface, the platform's flexibility, the low total cost of ownership and its integrated business planning and AI-powered capabilities. In BPM's report, 73% of survey respondents ranked the use of AI in CPM as either important or very important, showcasing Vena's future-forward focus and emphasis on providing customers solutions that integrate with the platforms they already know and trust. Vena is leading the way in FP&A with its agentic AI deployments and integrations, including industry-first reporting and analytics agents as well as Vena Copilot for Microsoft Teams, an integration that brings these powerful tools directly into business workflows and collaborations. 'Our VLM score jumped from 4.54 last year to 4.69 this year—concrete proof that Vena's AI-powered, customer-oriented approach is resonating more than ever with customers around the world,' said Hugh Cumming, CTO of Vena. 'We are particularly honored by the continued recognition for our integration capabilities. During times of volatility, a business needs better information flow and increased agility. Vena's integration and AI features help finance teams make more strategic decisions faster.' Finance teams are facing more pressure to provide fast and accurate information, reflected in 67% of VLM respondents saying pre-built templates were important or very important to them when evaluating a vendor's platform. In addition to its native integration with the Microsoft technology ecosystem, Vena offers a quick startup time and easy adoption no matter the industry, thanks to its robust library of 50+ pre-built templates that include everything from Power BI dashboards to employee growth kits. 'The VLM is an invaluable tool for anyone looking to purchase, upgrade or replace a performance management system,' said Craig Schiff, President and CEO of BPM Partners. 'We currently track more than 50 vendors that provide software to address one or more aspects of business performance management and related business intelligence. Only the most active vendors competing for and successfully delivering BPM solutions are included in the VLM report, and Vena is certainly making its mark.' From high-growth startups to global enterprises, finance and operations teams are turning to Vena to unify their planning in a single platform that's fast to deploy, flexible to use and powered by the tools finance teams already trust—Excel, Power BI, Teams and more. With agentic AI, real-time analytics and a seamless Microsoft-native user experience, Vena empowers finance leaders to go beyond the numbers and make confident, insight-driven decisions that move their business forward. To learn how companies are planning with confidence using Vena, visit our Customer Stories. To download a copy of the 2025–2026 Performance Management Vendor Landscape Matrix (VLM) report produced by BPM Partners, click here. About Vena Vena is the only agentic AI-powered FP&A platform purpose-built to harness the full power of the Microsoft technology ecosystem for finance teams everywhere. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world's leading companies rely on Vena to power their planning. For more information, visit
Web Release
12-06-2025
- Business
- Web Release
Milestone revolutionizes urban infrastructure and traffic systems in Europe with NVIDIA and Project Hafnia, starting with Genoa
After launching in the USA, Milestone's Project Hafnia is now engaged in Europe with the city of Genoa, Italy. The aim is to develop AI-driven solutions to enhance traffic management systems and create smarter cities with high-quality, regulation compliant video data trained with NVIDIA NeMo Curator on NVIDIA DGX Cloud . Milestone is one of the early adopters of the newly announced NVIDIA Omniverse Blueprint for Smart City AI , a reference framework for optimizing city operations with digital twins and AI agents. Milestone is also expanding its data platform with NVIDIA Cosmos to generate synthetic video data from real world inputs. Leveraging both real and synthetic data, Milestone will build and train vision language models (VLMs) responsibly. European cloud provider Nebius will provide the required GPU compute to train the models. AI opens up new horizons for smarter, more efficient cities with Project Hafnia's data platform – from intelligent traffic and transportation management to better safety and security for people and property. VLMs learn to map the relationships between text data and visual data such as images or videos, allowing these AI-models to generate summaries and insights from visual inputs. Milestone Systems is working with NVIDIA to empower European cities like Genoa to build and fine-tune computer vision and AI applications on a foundation of fully compliant and ethically sourced data. The project is rooted in regulatory integrity, data diversity, and AI relevance, aligning with the EU's legal frameworks, including GDPR and the AI Act. This ensures both transparency and fairness in the development of AI technologies. 'I'm proud that with Project Hafnia we are introducing the world's first platform to meet the EU's regulatory standards, powered by NVIDIA technology. With Nebius as our European cloud provider, we can now enable compliant, high-quality video data for training vision AI models — fully anchored in Europe. This marks an important step forward in supporting the EU's commitment to transparency, fairness, and regulatory oversight in AI and technology — the foundation for responsible AI innovation,' says Thomas Jensen, CEO of Milestone. Milestone's Project Hafnia provides the missing link for developing video-centric AI innovation with a fully compliant and ethically sourced data library for fine tuning classical video analytics models and VLMs. The VLM's accuracy and performance optimizations are tuned for running on NVIDIA GPUs and in NVIDIA AI Blueprint for video search and summarization (VSS) . First service offering trained on transportation data from Genoa Project Hafnia now offers a fully European Visual Language Model for transportation management. The VLM is powered by NVIDIA and trained on a large volume of responsibly sourced and compliant transportation data from Genoa, Italy. 'AI is achieving extraordinary results, unthinkable until recently, and the research in the area is in constant development. We enthusiastically joined forces with Project Hafnia to allow developers to access fundamental video data for training new Vision AI models. This data-driven approach is a key principle in the Three-Year Plan for Information Technology, aiming to promote digital transformation in Italy and particularly within the Italian Public Administration,' says Andrea Sinisi, Information Systems Officer, City of Genoa. While the focus of these collaborations is initially on video data, the framework is designed to scale across multiple domains and modalities, enabling future expansion and adaptation improving the value of the data. Both the compliant dataset and the fine-tuned VLM will be made available to the cities using Project Hafnia through a controlled access license model, facilitating Europe's AI ambitions without compromising ethical standards. Nebius to serve as European cloud solution NVIDIA cloud provider, Nebius, will serve as the EU-based cloud solution for Project Hafnia's collaboration with Genoa. Choosing Nebius as a sovereign cloud provider ensures full compliance with European data protection regulations, supports digital sovereignty objectives and guarantees that sensitive public-sector data remains securely within EU jurisdiction. 'Project Hafnia is exactly the kind of real-world, AI-at-scale challenge Nebius was built for,' says Roman Chernin, Chief Business Officer of Nebius.'Supporting AI development today requires infrastructure engineered for high-throughput, high-resilience workloads, with precise control over where data lives and how it's handled. From our EU-based data centers to our deep integration with NVIDIA's AI stack, we've built a platform that meets the highest standards for performance, privacy and transparency.'
Business Wire
11-06-2025
- Business
- Business Wire
Milestone Revolutionizes Urban Infrastructure and Traffic Systems in Europe With NVIDIA and Project Hafnia, Starting With Genoa
COPENHAGEN, Denmark--(BUSINESS WIRE)-- After launching in the USA, Milestone's Project Hafnia is now engaged in Europe with the city of Genoa, Italy. The aim is to develop AI-driven solutions to enhance traffic management systems and create smarter cities with high-quality, regulation compliant video data trained with NVIDIA NeMo Curator on NVIDIA DGX Cloud. Milestone is one of the early adopters of the newly announced NVIDIA Omniverse Blueprint for Smart City AI, a reference framework for optimizing city operations with digital twins and AI agents. Milestone is also expanding its data platform with NVIDIA Cosmos to generate synthetic video data from real world inputs. Leveraging both real and synthetic data, Milestone will build and train vision language models (VLMs) responsibly. European cloud provider Nebius will provide the required GPU compute to train the models. AI opens up new horizons for smarter, more efficient cities with Project Hafnia's data platform - from intelligent traffic and transportation management to better safety and security for people and property. VLMs learn to map the relationships between text data and visual data such as images or videos, allowing these AI-models to generate summaries and insights from visual inputs. Milestone Systems is working with NVIDIA to empower European cities like Genoa to build and fine-tune computer vision and AI applications on a foundation of fully compliant and ethically sourced data. The project is rooted in regulatory integrity, data diversity, and AI relevance, aligning with the EU's legal frameworks, including GDPR and the AI Act. This ensures both transparency and fairness in the development of AI technologies. 'I'm proud that with Project Hafnia we are introducing the world's first platform to meet the EU's regulatory standards, powered by NVIDIA technology. With Nebius as our European cloud provider, we can now enable compliant, high-quality video data for training vision AI models — fully anchored in Europe. This marks an important step forward in supporting the EU's commitment to transparency, fairness, and regulatory oversight in AI and technology — the foundation for responsible AI innovation,' says Thomas Jensen, CEO of Milestone. Milestone's Project Hafnia provides the missing link for developing video-centric AI innovation with a fully compliant and ethically sourced data library for fine tuning classical video analytics models and VLMs. The VLM's accuracy and performance optimizations are tuned for running on NVIDIA GPUs and in NVIDIA AI Blueprint for video search and summarization (VSS). First service offering trained on transportation data from Genoa Project Hafnia now offers a fully European Visual Language Model for transportation management. The VLM is powered by NVIDIA and trained on a large volume of responsibly sourced and compliant transportation data from Genoa, Italy. "AI is achieving extraordinary results, unthinkable until recently, and the research in the area is in constant development. We enthusiastically joined forces with Project Hafnia to allow developers to access fundamental video data for training new Vision AI models. This data-driven approach is a key principle in the Three-Year Plan for Information Technology, aiming to promote digital transformation in Italy and particularly within the Italian Public Administration,' says Andrea Sinisi, Information Systems Officer, City of Genoa. While the focus of these collaborations is initially on video data, the framework is designed to scale across multiple domains and modalities, enabling future expansion and adaptation improving the value of the data. Both the compliant dataset and the fine-tuned VLM will be made available to the cities using Project Hafnia through a controlled access license model, facilitating Europe's AI ambitions without compromising ethical standards. Nebius to serve as European cloud solution NVIDIA cloud provider, Nebius, will serve as the EU-based cloud solution for Project Hafnia's collaboration with Genoa. Choosing Nebius as a sovereign cloud provider ensures full compliance with European data protection regulations, supports digital sovereignty objectives and guarantees that sensitive public-sector data remains securely within EU jurisdiction. 'Project Hafnia is exactly the kind of real-world, AI-at-scale challenge Nebius was built for,' says Roman Chernin, Chief Business Officer of Nebius. 'Supporting AI development today requires infrastructure engineered for high-throughput, high-resilience workloads, with precise control over where data lives and how it's handled. From our EU-based data centers to our deep integration with NVIDIA's AI stack, we've built a platform that meets the highest standards for performance, privacy and transparency.' ABOUT PROJECT HAFNIA When training an AI model, high-quality data is essential. Just like a person learns by absorbing knowledge, AI models require vast amounts of structured data to develop reliable insights. But where does this data come from? Enter Project Hafnia. Project Hafnia acts as the trusted librarian of AI video data, carefully curating, tagging, and delivering ethically sourced, regulation-ready video data for AI model training. By leveraging Project Hafnia, AI learns from high-quality, verified video data, ensuring not only precision and compliance but also the protection of citizen privacy. The vast network of end-customers, distributors and tech-partners enables Milestone to organize the world's Video Data Eco-system with Project Hafnia and drive AI development even further. With Project Hafnia, companies can confidently build and deploy AI models without compromising on compliance or quality. About Milestone Systems Milestone Systems is a world leader in data-driven video technology used in industries as diverse as manufacturing, airports, law enforcement, retail, and traffic management. We provide a clear picture of how to create a safer, better and more prosperous world. Our XProtect video management software, BriefCam AI-powered analytics, and Arcules cloud VSaaS help our customers learn from the past, understand the present, and predict the future. Founded in 1998 and headquartered in Copenhagen, Milestone employs more than 1,500 people worldwide and has been an independent company in the Canon Group since2014. For more information visit: For news and other press releases, visit our Newsroom.
Yahoo
11-06-2025
- Business
- Yahoo
Milestone Revolutionizes Urban Infrastructure and Traffic Systems in Europe With NVIDIA and Project Hafnia, Starting With Genoa
COPENHAGEN, Denmark, June 11, 2025--(BUSINESS WIRE)--After launching in the USA, Milestone's Project Hafnia is now engaged in Europe with the city of Genoa, Italy. The aim is to develop AI-driven solutions to enhance traffic management systems and create smarter cities with high-quality, regulation compliant video data trained with NVIDIA NeMo Curator on NVIDIA DGX Cloud. Milestone is one of the early adopters of the newly announced NVIDIA Omniverse Blueprint for Smart City AI, a reference framework for optimizing city operations with digital twins and AI agents. Milestone is also expanding its data platform with NVIDIA Cosmos to generate synthetic video data from real world inputs. Leveraging both real and synthetic data, Milestone will build and train vision language models (VLMs) responsibly. European cloud provider Nebius will provide the required GPU compute to train the models. AI opens up new horizons for smarter, more efficient cities with Project Hafnia's data platform - from intelligent traffic and transportation management to better safety and security for people and property. VLMs learn to map the relationships between text data and visual data such as images or videos, allowing these AI-models to generate summaries and insights from visual inputs. Milestone Systems is working with NVIDIA to empower European cities like Genoa to build and fine-tune computer vision and AI applications on a foundation of fully compliant and ethically sourced data. The project is rooted in regulatory integrity, data diversity, and AI relevance, aligning with the EU's legal frameworks, including GDPR and the AI Act. This ensures both transparency and fairness in the development of AI technologies. "I'm proud that with Project Hafnia we are introducing the world's first platform to meet the EU's regulatory standards, powered by NVIDIA technology. With Nebius as our European cloud provider, we can now enable compliant, high-quality video data for training vision AI models — fully anchored in Europe. This marks an important step forward in supporting the EU's commitment to transparency, fairness, and regulatory oversight in AI and technology — the foundation for responsible AI innovation," says Thomas Jensen, CEO of Milestone. Milestone's Project Hafnia provides the missing link for developing video-centric AI innovation with a fully compliant and ethically sourced data library for fine tuning classical video analytics models and VLMs. The VLM's accuracy and performance optimizations are tuned for running on NVIDIA GPUs and in NVIDIA AI Blueprint for video search and summarization (VSS). First service offering trained on transportation data from Genoa Project Hafnia now offers a fully European Visual Language Model for transportation management. The VLM is powered by NVIDIA and trained on a large volume of responsibly sourced and compliant transportation data from Genoa, Italy. "AI is achieving extraordinary results, unthinkable until recently, and the research in the area is in constant development. We enthusiastically joined forces with Project Hafnia to allow developers to access fundamental video data for training new Vision AI models. This data-driven approach is a key principle in the Three-Year Plan for Information Technology, aiming to promote digital transformation in Italy and particularly within the Italian Public Administration," says Andrea Sinisi, Information Systems Officer, City of Genoa. While the focus of these collaborations is initially on video data, the framework is designed to scale across multiple domains and modalities, enabling future expansion and adaptation improving the value of the data. Both the compliant dataset and the fine-tuned VLM will be made available to the cities using Project Hafnia through a controlled access license model, facilitating Europe's AI ambitions without compromising ethical standards. Nebius to serve as European cloud solution NVIDIA cloud provider, Nebius, will serve as the EU-based cloud solution for Project Hafnia's collaboration with Genoa. Choosing Nebius as a sovereign cloud provider ensures full compliance with European data protection regulations, supports digital sovereignty objectives and guarantees that sensitive public-sector data remains securely within EU jurisdiction. "Project Hafnia is exactly the kind of real-world, AI-at-scale challenge Nebius was built for," says Roman Chernin, Chief Business Officer of Nebius."Supporting AI development today requires infrastructure engineered for high-throughput, high-resilience workloads, with precise control over where data lives and how it's handled. From our EU-based data centers to our deep integration with NVIDIA's AI stack, we've built a platform that meets the highest standards for performance, privacy and transparency." ABOUT PROJECT HAFNIA When training an AI model, high-quality data is essential. Just like a person learns by absorbing knowledge, AI models require vast amounts of structured data to develop reliable insights. But where does this data come from? Enter Project Hafnia. Project Hafnia acts as the trusted librarian of AI video data, carefully curating, tagging, and delivering ethically sourced, regulation-ready video data for AI model training. By leveraging Project Hafnia, AI learns from high-quality, verified video data, ensuring not only precision and compliance but also the protection of citizen privacy. The vast network of end-customers, distributors and tech-partners enables Milestone to organize the world's Video Data Eco-system with Project Hafnia and drive AI development even further. With Project Hafnia, companies can confidently build and deploy AI models without compromising on compliance or quality. About Milestone Systems Milestone Systems is a world leader in data-driven video technology used in industries as diverse as manufacturing, airports, law enforcement, retail, and traffic management. We provide a clear picture of how to create a safer, better and more prosperous world. Our XProtect video management software, BriefCam AI-powered analytics, and Arcules cloud VSaaS help our customers learn from the past, understand the present, and predict the future. Founded in 1998 and headquartered in Copenhagen, Milestone employs more than 1,500 people worldwide and has been an independent company in the Canon Group since2014. For more information visit: For news and other press releases, visit our Newsroom. View source version on Contacts Lisbeth Nedergaard Vice President, Communicationslin@ Tel: +45 4176 0272Sophie Cederstrøm Senior PR Advisorsce@ Tel: +45 50 84 29 55 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
