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Company to receive EU funding to run Vision AI pilot in Portugal
San Francisco, February 27, 2024–(BUSINESS WIRE)–Hayden AI, a leader in artificial intelligence and geospatial analytics, receives a competitive award for start-ups delivering AI solutions that improve safety, transport reliability and sustainability in Europe. Received the EIT AI Transatlantic Award. By the EIT AI Community and his EIT Silicon Valley Hub. Hayden AI will use the award funding to conduct a proof-of-concept test for automated bus stop enforcement with the city of Braga, Portugal.
The European Institute for Innovation and Technology (EIT) is funded by the European Commission of the European Union and is Europe’s leading organization linking technology innovators and government agencies.
“Winning the Transatlantic AI Award and securing funding from the European Union for our second international pilot shows that there is demand for our vision AI solutions in Europe,” said Hayden AI CEO and Founder says Chris Carson of “Our mobile recognition platform is trusted by U.S. government agencies to make roads safer, public transportation more reliable, and cities more sustainable. We are bringing our technology to Europe. We are excited to have the opportunity to introduce it.”
The EIT AI Transatlantic Award marks both Hayden AI’s second international expansion and second international award. In January, Hayden AI announced its first international expansion in a pilot project with Gdańsk, Poland. In November 2023, the company won first place in the urban transport optimization category of the Urban Tech Challengers competition in Warsaw, Poland.
Hayden AI is the U.S. market leader in mobile automated bus lane enforcement and bus stop enforcement, and has installed hundreds of bus-mounted AI-powered camera systems on transit buses nationwide. In New York City, where Metropolitan Transportation Authority (MTA) buses are equipped with Hayden AI devices, the technology has increased traffic speeds by up to 36% and reduced crashes by up to 34% on roads with transit routes. did.
About Hayden AI: At Hayden AI, we are pioneering the use of AI and machine learning to solve real-world problems. From bus lane and bus stop enforcement to digital twin modeling and more, our clients use our mobile recognition systems to speed up traffic, make roads safer and create a more sustainable future. For more information, please visit www.hayden.ai.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240227355148/ja/
contact address
jenna fortunati
jenna.fortunati@hayden.ai
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