The banking panic is hitting the real estate sector hard

admin

RISE: More investment in applied AI is now needed

Published: 14 March 2023, 09:00 Updated: 21 March 2023, 13:39Hanifeh Khayyeri, head of department for computer science at RISE, and Olof Mogren, senior researcher and leader of the deep learning research area at RISE. The Swedish business community is sitting on the data volumes required to start using AI widely. “Companies have to let go of the edge and get into the game now,” says Hanifeh Khayyeri, head of computer science at RISE. Artificial intelligence is being democratized and materialized, among other things through popular services such as ChatGPT and Dall-E. Google and Microsoft are competing to put similar solutions on the market and are investing multi-billion sums in the technology. According to Hanifeh Khayyeri, head of computer science at RISE, Sweden has what it takes to join the AI ​​race. The competence investment Wallenberg AI Autonomous Systems and Software Program, WASP, and the national collaboration AI Sweden have laid the foundation. Now the Swedish business community needs to shift into a higher application gear. – Sweden is the EU’s fourth most digitized country, and we produce an enormous amount of data. This data is an enabler of the AI ​​technology. Many have not really understood the connection there, they think that AI is only something that big companies are experimenting with. But we are all involved in producing and consuming data. The business world is thus already participating in AI development, says Hanifeh Khayyeri and continues: – Companies now need to think about how their own data sets can be used to improve and make operations more efficient. Companies that take advantage of the opportunities of AI will replace those that do not.Center for Applied AIAt RISE, there is the Center for Applied AI, a center that, in collaboration with actors from both the private and public sectors, contributes to the development of applied AI. At the state research institute, there are also researchers and experts in all areas where AI can be applied – telecoms, energy, transport and civil engineering to name a few examples. – We use the unique combination of AI and domain expertise found within RISE to help businesses and society to strengthen their competitiveness and succeed in the green transition, says Olof Mogren, senior researcher and leader of the deep learning research area at RISE.150 AI projectsHe gives an example of an ongoing project, where AI is used to accurately determine when a district heating network needs maintenance efforts. The solution leads to major cost savings. In another project, RISE is collaborating with Vattenfall to use AI technology to investigate how forests near their wind power plants are doing. In addition to these examples, approximately 150 more projects are underway in the AI ​​area at RISE. – There have been important knowledge-developing AI projects in Sweden. Major investments in application are now needed, so that we can strengthen our competitiveness. 3,000 people at RISE can make it possible, through tailored AI solutions in all areas of application, says Hanifeh Khayyeri.Read more about the Center for Applied AI and AI projects at RISE.About RISE
RISE is Sweden’s research institute and innovation partner. In international collaboration with companies, academia and the public sector, RISE contributes to a competitive business life and a sustainable society. The article is produced by Brand Studio in collaboration with RISE and not an article by Dagens industri

Click to rate this post!
[Total: 0 Average: 0]
Next Post

Bitcoin will no longer be an official currency in the Central African Republic

Bitcoin It ceased to be the official currency of the Central African Republic last Thursday (23), after the approval of a bill in the country. Despite the approval in the National Assembly, it is not clear when they will enter into force. In any case, the second country to adopt […]

Subscribe US Now