: Wasabi Technologies acquires Curio AI from GrayMeta

Cloud storage company Wasabi Technologies has acquired Curio AI, its intellectual property and the team behind it from GrayMeta. Following this acquisition, Wasabi will use Curio AI's technology as part of its storage offering for the media and entertainment industry which is expected to be widely available in spring 2024.

David Friend, CEO of Wasabi Technologies, said, “A video archive without detailed metadata is like a library without a card catalog. This is where AI comes in. AI can find faces, logos, objects, and even specific voices. Without it, finding exactly the segments you are looking for requires tedious and time-consuming manual effort. The acquisition of Curio AI will allow us to revolutionize media storage."

GrayMeta CEO Aaron Edell, who will take the role of senior vice president of AI and machine learning, also commented, “AI-powered storage will allow Wasabi customers to instantly find exactly what they need amongst millions of hours of footage and unleash the value in their archives. We believe this will be the most significant advance in the storage industry since the invention of object storage.”