Booz Allen Hamilton has furthered its interest in automated and machine learning technologies with a strategic investment in artificial intelligence company Synthetaic.
Providing funding for the company – which offers an end-to-end rapid automatic image categorization service – will enable Booz Allen’s mission to proliferate AI adoption in the public sector, the McLean, Virginia-based firm said Tuesday.
“Our investment in Synthetaic provides access to technology that will reduce the time and cost to mission impact from AI solutions, which is absolutely critical in national security, defense, and domestic agendas,” said Booz Allen Senior Vice President Steve Escaravage, who is a 2022 Wash100 Award recipient, the most prestigious award in all of government contracting (GovCon).
Escaravage also commented that the machine learning strategies Synthetaic produces are a new frontier for AI model development and integration.
Synthetaic’s work attempts to overcome flagging human data labeling techniques. Their RAIC technology labels and processes objects and multidimensional imagery datasets at a high speed and is operable by experts and novices alike. It is also said to be able to construct and cycle through AI models in a matter of minutes, as opposed to deliberating via months of human labor. The company was founded in 2019.
Booz Allen is said to be the largest retailer of AI technologies to the U.S. government and Brian MacCarthy, the company’s vice president of tech scouting and ventures, attests that the tech scouting division is a key player in helping government branches identify, discern and acquire dual-use technologies that are mission-appropriate and mission-ready.
In Booz Allen’s collaborations with divisions like the Joint AI Center, the Army Futures Command and the U.S. Air Force Air Combat Command, Synthetaic’s arsenal of tools is aimed to be an asset.
“We’re excited to explore how our technologies can further enhance Booz Allen Hamilton’s ability to develop and deploy AI solutions,” shared Synthetaic CEO and Founder Corey Jaskolski.