Veea, Vapor IO announce strategic partnership to provide AIaaS solutions

Veea (VEEA) and Vapor IO announced a partnership to offer turnkey AI-as-a-Service, AIaaS, to enterprises, municipalities and others without investing in capital-intensive edge devices, servers, networking equipment and data center facilities. “AI represents a new class of software. Just as computing evolved from the client-server architectures to more decentralized models, for most enterprise applications AI will inevitably migrate to the edge sooner rather than later-driven by the need for data sovereignty, real-time processing, lower latency, enhanced security, and greater autonomy. The future of AI is on the edge, where intelligence meets efficiency,” stated Allen Salmasi, co-founder and CEO of Veea.