Movidius plans to double workforce

Rapidly growing Irish tech company Movidius is planning to announce up to seven more major announcements before the end of the year and double its workforce within 18 months.

The Dublin-founded company yesterday unveiled another groundbreaking product with its deep learning USB stick which will add artificial intelligence to a range of consumer products such as drones, security cameras and household appliances.

The Fathom Neural Compute Stick will allow devices to learn from their environments, recognise objects and will open consumers up to a world of opportunity comparable to the smartphone revolution, according to Movidius chief executive Remi El-Ouazzane.