Texas-based industrial artificial intelligence company Hypergiant Industries and Booz Allen Hamilton, a management and technology consulting company, announced a partnership to help fix difficult issues facing organizations through AI solutions.
“Booz Allen Hamilton has the kind of reach, scale, and knowledge that we get excited about,” Ben Lamm, Hypergiant Industries’ chief executive officer, said in a statement. “They also have a shared mission to help organizations and people change the world. Together, we will be able to leverage great technology and enable groundbreaking ideas, all in service to making substantial improvements to the world’s biggest problems. Together, we can create immense change and impact.”
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Josh Sullivan, a Booz Allen senior vice president and leader of its analytics and AI business, thinks that organizations find it difficult to effectively implement AI technology in a way that provides significant value.
“Our work with Hypergiant aims to help bring AI out of the lab faster, empowering organizations to deliver explainable and transparent outcomes,” Sullivan said. “We plan to work together to help transform the public sector by automating tasks and helping clients adopt innovative machine learning solutions to, for example, improve health outcomes for Americans.”
According to Sullivan, Virginia-based Booz Allen is also going to work with Hypergiant to speed up AI adoption by identifying models from Booz Allen’s prior experiences of enabling AI and discovering opportunities to repurpose and develop instant results.
Hypergiant is a leader in machine learning, AI, emerging tech
The companies’ collaboration will bring together Hypergiant’s experience with machine learning, artificial intelligence, and emerging technology with Booz Allen’s expertise as an AI innovator and integrator for the federal government and Fortune 500 clients.
They intend to partner on government contracts to enable AI solutions and change how organizations typically reach their goals.
Booz Allen and Hypergiant are planning to examine where AI can have the most impact by possibly repurposing the intellectual property of their own companies. These areas could potentially be repurposed for the utilization of AI in emergency health situations, quicker data processing to identify attempts at fraud, false network domain detection, and identification of and defense against malware.
Booz Allen has a wide range of experience in helping the government employ AI. The company’s experience combined with the extensive technological skillsets of the Hypergiant team can be used for a diverse range of issues concerning cybersecurity, financial services, climate change, and healthcare. This collaboration has the potential to significantly move AI and innovation forward.
Hypergiant was founded by Ben Lamm (left), Will Womble, and John Fremont. [Photo: John Davidson/Hypergiant]
It’s been a busy year for Hypergiant Industries, which announced in June it had secured funding from Sumitomo Corporation of Americas, a wholly-owned subsidiary of Sumitomo Corp., and Dallas-based Perot Jain, the venture capital arm of the Perot Cos.
The funding will be used to continue Hypergiant’s rapid growth in the industrial artificial intelligence sector—expected to generate $13 trillion in global economic activity in 2030, according to a report.
Hypergiant gets funding, launches new division
In March, Hypergiant Galactic Systems, a division of Hypergiant Industries, announced a partnership with the Arch Mission Foundation, a nonprofit that curates and maintains a “backup of planet Earth.” The team plans to launch a series of satellites through the partnership that would serve as the first relay points in what is called the Interplanetary Internet.
Hypergiant Industries launched Hypergiant Galactic Systems in February to focus on AI-driven aerospace and astronautic software and hardware for the space industry.
Hypergiant, which launched out of stealth in February 2018, is on track to be one of the fastest tech companies to reach $100 million in realized revenue, according to the company.
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Software executive Mike Betzer will lead the next phase of Hypergiant's growth, including a rollout of the industry's first system that provides open AI integration for building AI models. Founder Ben Lamm, who launched Hypergiant from stealth in 2018, will pursue "the most pressing issues of our lifetime": AI for good, climate change, and the positive impact of technology. "This is where the world needs my time and attention," he says.
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