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Twelve Labs Awarded as 2023 Technology Pioneer by World Economic Forum

Twelve Labs, the video search and understanding company, is recognized as one of the World Economic Forum’s “Technology Pioneers” for its innovative cloud-native suite of APIs enabling comprehensive video search.

Key Takeaways:

  1. Twelve Labs Recognized as a World Economic Forum Technology Pioneer
  2. Innovative Cloud-Native Suite of APIs for Comprehensive Video Search
  3. Transforming Video Content into Powerful Intermediary Data Format
  4. Significant Impact on Business and Society
  5. Invitation to Engage with World Economic Forum and Global Leaders
  6. Working Together to Address Global Issues
  7. Diverse and Representative Technology Pioneer Cohort
  8. About Twelve Labs and CEO Jae Lee
  9. About the World Economic Forum and Technology Pioneers

Twelve Labs Recognized as a World Economic Forum Technology Pioneer

Twelve Labs, the video search and understanding company, has been selected as one of the World Economic Forum’s “Technology Pioneers.” The Technology Pioneers program highlights early-stage companies that are at the forefront of new technologies and innovations, expected to have a significant impact on business and society.

Innovative Cloud-Native Suite of APIs for Comprehensive Video Search

Twelve Labs has developed a first-of-its-kind cloud-native suite of APIs that revolutionizes video search. Their platform enables comprehensive video content understanding by analyzing both visual and audio aspects, including action, movement, objects, text, non-verbal cues, and conversational context. The platform transforms the video content into a powerful intermediary data format, allowing users to search for the most relevant scenes across vast amounts of video content.

Transforming Video Content into Powerful Intermediary Data Format

By converting video content into a powerful intermediary data format, Twelve Labs’ platform makes video content more accessible, meaningful, and useful. The AI-powered search capabilities enable users to find relevant scenes across hundreds of thousands of hours of video with a simple search query, enhancing the efficiency and effectiveness of video content utilization.

Significant Impact on Business and Society

The World Economic Forum recognizes Twelve Labs as a Technology Pioneer due to its potential to significantly impact both business and society. Through their innovative video search and understanding platform, Twelve Labs addresses the challenges of video content accessibility and meaning, contributing to improved productivity, learning, and decision-making.

Invitation to Engage with World Economic Forum and Global Leaders

As a Technology Pioneer, Twelve Labs’ CEO and Co-Founder, Jae Lee, will be invited to engage with the World Economic Forum. This opportunity involves working with global leaders to address key industry and societal issues. Twelve Labs will participate in Forum events and discussions throughout the year, facilitating collaboration among leading stakeholders from the public and private sectors.

Working Together to Address Global Issues

The World Economic Forum emphasizes the importance of Twelve Labs and other Technology Pioneers in driving innovation and disruption to tackle pressing global challenges. By bringing together public and private sector leaders, the Forum aims to address critical issues and create positive change in the world.

Diverse and Representative Technology Pioneer Cohort

This year’s Technology Pioneer cohort comprises startups from 31 economies, with a significant representation of women chief executives. The selected companies cover various technological domains and are recognized for their potential to make a difference in their respective industries and beyond.

About Twelve Labs and CEO Jae Lee

Twelve Labs is a video search and understanding company dedicated to making video content instantly, intelligently, and easily searchable. Their state-of-the-art technology allows organizations to discover valuable moments within their extensive video libraries, enabling users to do and learn more. Twelve Labs is backed by leading venture capitalists, AI luminaries, and founders of cutting-edge technology companies. The company is headquartered in San Francisco, with an APAC office in Seoul.

About the World Economic Forum and Technology Pioneers

The World Economic Forum is an international organization committed to improving the state of the world through public-private cooperation. The Technology Pioneers program, launched in 2000, recognizes early-stage companies involved in designing, developing, and deploying new technologies and innovations. These companies have the potential to drive significant impact on business and society. The Technology Pioneers community engages with leaders from the public and private sectors, contributing new solutions to overcome current challenges and build future resiliency.

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