Investments

Idein Secures Investment for Co-Creation with Canon MJ

Idein Inc., which operates the edge AI/IoT platform "Actcast," which has held the No. 1 domestic market share for three consecutive years, is pleased to announce that it has accepted investment from the corporate venture capital (CVC) fund "Canon Marketing Japan MIRAI Fund" managed by Canon Marketing Japan Inc. Going forward, the two companies will utilize "Actcast" to promote business co-creation that will accelerate the social implementation of AI. Recently, there has been an increasing demand for edge AI in various locations, such as stores, commercial facilities, factories, and stations. Edge AI has the advantage of solving the problems of privacy protection and communication/server costs that cloud AI faces by performing processing on the device installed at the site and sending only the minimum necessary data to the cloud. "Actcast,"…