At no point am I proposing that you should stream to a server in the cloud. In fact I totally agree that a pure cloud recording solution (a'la Ring/Nest) is not a substitute for a local VMS. It's a very different discussion, that probably belongs in a different thread.
Consider a customer that gets 100 cheapo (I recommend Hikua) cameras and a semi-powerful NVIDIA based PC that they place on-site (perhaps someone will release a Jetson based box). As the algos improve, the customer simply updates the PC and reaps the benefits of the improved accuracy and speed. If someone vandalizes a camera, he can replace it with any other cheap camera - perhaps even an Axis one if they feel wealthy. If the user is unhappy with the performance of the software on the PC, pick another vendor, get someone else to do the analysis.
Contrast to another customer that gets 100 expensive AI cameras and a cheap(er) PC. Most of the time, there's nothing going on, and so you have all this power that just sits idle. If one of the cameras break, you need to go get another clever AI camera (at what I presume will cost a premium). In practice there's only one vendor who can upgrade the cameras, if they do (they won't, they'll offer a new camera instead), you'll have to update 100 devices.
All of it is done on the LAN, but the "interpretation" of the video is done by a PC instead of the camera.
The first guy/gal is the wise user who makes his CFO happy, and stays in charge of the system. Gets a raise. Takes the family on a nice trip to Disney world.
The other is the schmuck who got had by a slick dude in a big booth at a tradeshow. Next year, he'll have to explain why they are dealing with 200 false alarms per week, and why they can't switch vendors. He'll be working late, while the wife is flirting with random guys on Tinder.
What I read, is that Instead of H.265, you can get Zipstream (like Mobotix's gave you MxPEG instead of H.264?), but I don't see anything in the chip that makes it dramatically better at working as a gateway to the cloud. Certainly not something that can't be accomplished today.
Isn't "Geared towards enterprise" is just a euphemism for "expensive"?
Just need to add this about Ring...
NOTICE: This comment was moved from an existing discussion: Axis ARTPEC-7 Chip Release Examined