Beamr Imaging Issues CEO Letter To Shareholders, Says Company Generated Approximately $0.39M In Q1 Revenues, Higher Than $0.33M YoY; As Of March 31 Company Had $19M Of Cash And Equivalents

Benzinga ·  Apr 12 19:05

During Q2 2024, company plans to focus on enabling vision AI processes in Beamr Cloud. Enabling AI workflows, such as object detection, is in tandem with video optimization, as GPU is a natural acceleration platform to both. These new capabilities will allow Beamr to enhance our offerings to video customers and offer services to the new emerging markets of AI. Furthermore, the company plans to continue introducing improvements to Beamr Cloud making it easier to use and allow customers higher configurability and flexibly using the service.

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