Tag: NVIDIA
Milestone grows net revenue to USD 340 million in 2025
March 26, 2026SSN Staff
COPENHAGEN, Denmark — Milestone Systems continued to grow in 2025, increasing net revenue by 10% to USD 340 million (DKK 2.2 billion), with nearly a third being reinvested in innovation and fueling new advances in video analytics, responsible AI and cloud technology.
2025 was a year with major milestones and innovations: Collaboration with tech giant NVIDIA on artificial intelligence and video, launch of Project Hafnia and the world’s first compliant data library for AI-training, and...
Milestone’s Mauser talks Hafnia expansion, project roadmap
March 18, 2026Ken Showers
YARMOUTH, Maine — Milestone Systems is pushing deeper into the AI infrastructure space with a major expansion of its Hafnia platform, adding new tools designed to dramatically accelerate the development of computer vision models. By introducing synthetic data capabilities and preparing a training‑as‑a‑service offering with NVIDIA, Milestone is aiming to solve one of the industry’s biggest bottlenecks: access to large‑scale, compliant, high‑quality datasets.
To understand...
Milestone expands Hafnia with synthetic data and training-as-a-service at NVIDIA GTC
March 16, 2026SSN Staff
COPENHAGEN, Denmark — At NVIDIA GTC in San Jose, Milestone Systems will showcase major advancements to its suite of AI developer tools coming out of Hafnia, introducing Synthetic Data and a forthcoming Training-as-a-Service (TaaS) offering.
NVIDIA Physical AI Data Factory Blueprint is the reference architecture that unifies data curation, augmentation, evaluation, and agentic orchestration at scale. Powered by NVIDIA Cosmos open world foundation models and NVIDIA OSMO, it transforms raw...
Milestone Systems appoints Andy Burnett as chief technology officer
February 5, 2026SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced the appointment of Andy Burnett as the company’s new chief technology officer (CTO), effective immediately.
Burnett has served as interim CTO since September, during which he has demonstrated strong leadership, clear strategic direction, and consistent execution across Milestone’s most critical technology initiatives.
Milestone CEO Jeppe Frandsen highlights Burnett’s decisive impact during the interim period:
“Andy...
Thomas Jensen steps down as Milestone Systems CEO
December 4, 2025SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced that chief executive officer (CEO) Thomas Jensen has stepped down from his position, effective immediately.
Chairman Lau Normann Jørgensen noted that Vice Chairman of the Board Jeppe Frandsen will serve as acting CEO until a permanent successor is named and will no longer be part of the board. Seymour Liebman, executive vice president of Canon, will join Milestone’s board as vice chairman.
Frandsen brings over 25...
Milestone CEO emphasizes domain-specific models for success
March 31, 2025Ken Showers
COPENHAGEN, Denmark — Milestone Systems CEO Thomas Jensen believes Project Hafnia will have an immediate impact on traffic and transportation datasets across diverse city environments, but he says the longer-term impact of the technology is much broader.
“Rather than pursuing general AI, we believe in an agentic approach—smaller, domain-specific models that excel in their respective fields,” he said. “Our long-term vision is to dominate the traffic and transportation...
‘Data lineage is essential,’ says Milestone CEO
March 26, 2025Ken Showers
COPENHAGEN, Denmark — Milestone System’s Project Hafnia is taking aim at democratizing AI-model training with NVIDIA’s Cosmos Curator, at the heart of which is data that is ethically sourced and regulation-compliant, says Milestone CEO Thomas Jensen.
In a two-part interview, Jensen discusses Milestone’s partnership with NVIDIA, emphasizing its long-standing collaboration in AI-driven video modeling. He highlights the importance of ethical AI development, data lineage...
Milestone unveils Project Hafnia, leveraging NVIDIA Cosmos Curator
March 19, 2025SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced the release of Project Hafnia to build services and democratize AI-model training with high-quality, compliant video data that leverages NVIDIA Cosmos Curator and AI-model, fine-tuning microservices.
The announcement was made on March 18 during NVIDIA’s global conference for AI developers at GTC in San Jose, Calif.
AI developers across the globe share the challenge of finding sufficient high-quality, accurate and reliable video...
Challenger Deep
January 29, 2025Ken Showers
It was the best of times, but mostly it was the worst of times, especially if you were Nvidia this week following the meteoric rise of AI model DeepSeek and the massacre of the tech company’s market value.
After releasing its platform less than two years after forming, DeepSeek quickly made waves in the past month gaining a following of techno-faithful singing the praises of the little chat bot that could. Moreover, they did it for a lot less money than competitors like OpenAI...
'Power of AI': Use cases, security business implications
November 8, 2023Cory Harris, Editor
NEW YORK—Artificial intelligence (AI) is here to stay, and its current and future implications on the security space was addressed at the recent Securing New Ground (SNG) conference.
“What AI means for your business” was a session moderated by Tina D’Agostin, CEO of Alcatraz.ai, and featured panelists Hamish Dobson, CVP, product – enterprise physical security solutions, Motorola Solutions; Jumbi Edulbehram, global business development, smart cities and spaces,...