The AI cameras that can spot shoplifters even before they steal

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A Japanese startup has developed artificial intelligence software that hunts for potential shoplifters using security camera footage.

TOKYO: It’s watching, and knows a crime is about to take place before it happens.

Like a scene out of the movie “Minority Report,” algorithms analyse security-camera footage and alert staff about potential thieves via a smartphone app. “If we go into many retailers whether in the US or UK, there are very often going to be CCTV cameras or some form of cameras within the store operation,” said Thomas O’Connor, a retail analyst at Gartner.

It’s safe to assume, however, that several big-name store chains in Japan have deployed the technology in some form or another. It has 50 million yen in funding from SoftBank’s AI fund, and is in the middle of its series A round, seeking to raise 1 billion yen. Founded in 2016, the startup offers services similar to Vaak in the UK market, where it has a deal with a major grocery chain.The ability to detect and analyse unusual human behaviour also has other applications.

 

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