Cepton, Inc.’s (NASDAQ: CPTN) Lidar Surveillance Solutions Offer Distinct Advantages Over Camera-Only Systems – Protecting Privacy and Eliminating AI Bias
Oct 20, 2022
- Commonly used surveillance cameras employ AI-powered facial recognition technology that can compromise privacy and lead to biased decisions
- Lidar may hold the key to privacy-focused solutions by feeding purely behavior-based and biometric-free data into systems
- Cepton’s lidar-based solutions are developing substantial traction with pilot systems in-place for airport terminal monitoring, highway e-tolling, early-warning intrusion detection, and railway obstacle detection
- Cepton is currently engaged in discussions with every top-10 global automotive OEM to provide lidar-based perception solutions for automotive applications (e.g., AV and ADAS systems)
Facial recognition technology is increasingly being used to monitor public and private spaces, leading to widespread concerns that AI-enabled surveillance applications compromise privacy and produce biased outputs.
Dr. Jun Pei, CEO and Co-Founder of Cepton (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, believes lidar holds the key to developing surveillance systems that protect…
NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN
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