DoD Invests in Online AI Marketplace – MeriTalk meritalk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from meritalk.com Daily Mail and Mail on Sunday newspapers.
By Lauren C. Williams
The Defense Department has taken a major first step in creating an online marketplace for artificial intelligence acquisition.
The Joint Artificial Intelligence Center with Army Contracting Command awarded Indiana Innovation Institute (IN3) an other transaction agreement for an undisclosed amount on Jan. 20 to build and manage an online environment for the rapid procurement and delivery of AI capabilities for DOD.
The online portal prototype will be created through Tradewind, a specialized business model for AI acquisitions that aims to give startups and academic institutions a direct line to the government and make it easier for DOD to buy commercially available technology as part of a “collaborative ecosystem”, according to the Feb. 1 announcement.