Spot Tech Raises $2M to Deploy AI Surveillance in 450+ Walmart Stores in Chile, Eyes Expansion in Latin America
• Spot Technologies raised $2 million in funding to develop AI video surveillance technology for retail and logistics • Its product VisionX uses deep learning for behavior analysis, people counting, and theft detection • VisionX will be deployed in over 450 Walmart stores and distribution centers in Chile • Walmart plans to implement VisionX in Mexico in 2024 • Spot is also in talks with Oxxo convenience stores to integrate VisionX across 21,000 Latin American locations