Technology Industries of Finland Centennial Foundation and the Jane and Aatos Erkko Foundation have awarded funding for seven research projects with 3.2 million euros in total. The projects take on issues that are set to shape the future of humankind.
The largest individual funding, one million euros, went to FCAI Finnish Center for Artificial Intelligence. FCAI is building a nation-wide competence center that brings together the top artificial intelligence research across fields in Finland. The center has been initiated by Health Capital Helsinki members Aalto University and University of Helsinki, as well ase VTT Technical Research Centre of Finland.
With the funding, FCAI will build an AI software toolbox to enable companies to have a smoother transition into using artificial intelligence methods. Even though AI has been talked about the world over for quite some time now, it’s full potential still remains largely untapped. The development of new solutions is slowed down by a lack of top experts, of which there’s already a fierce global competition.
With the funding, FCAI will build an AI software toolbox to enable companies to have a smoother transition into using artificial intelligence methods.
‘We are designing software tools with which companies can develop the AI solutions they need—instead of building AI-assisted software tools from scratch. This means you can apply AI without having extensive in-depth knowledge of AI. Our overall goal is to enable the Finnish technology industry to retain control over the core AI technology they use,’ says Samuel Kaski, Academy Professor at Aalto University.
Read more on Aalto University of website.