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$Iveda Solutions (IVDA.US)$ Iveda (NASDAQ:IVDA), the global leader in cloud-based AI, today announces the commencement of applying its AI vision software, vumastAR, to recognize and respond to oil spills. VumastAR (pronounced "view master") is an innovative, AI vision software designed to make day-to-day tasks easier than ever before. Iveda's next-generation, customizable AI system is compatible with a wide range of smart devices––from existing IP cameras, AR glasses, and Android devices—providing instant insights across nearly any process or scenario. Iveda is currently developing this technology for upcoming proof-of-concept projects with major oil companies in Australia and the United States, addressing the growing need for advanced safety solutions in the oil and gas industry.
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