A Sydney-based artificial intelligence start-up founded by former Boston Consulting Group partner Hanno Blankenstein has raised $17 million from wealthy European investors, in a deal that values the 10-year-old firm at more than $100 million.
Unleash Live uses a form of AI known as computer vision to analyse the footage captured by security cameras and drones for customers including Ausgrid, BHP, Transport for NSW, and Alcoa to spot hazards and improve productivity.
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