Connect with us

Technology

The Wharton School Makes Strategic Investment in Artificial Intelligence Research and Teaching

Published

6 months ago

on

School establishes Wharton AI & Analytics Initiative, announces first business school collaboration with OpenAI

PHILADELPHIA, May 29, 2024 /PRNewswire-PRWeb/ — The Wharton School of the University of Pennsylvania today announced a major investment to drastically scale its research and teaching capabilities in the areas of artificial intelligence and data science. Under the umbrella of the new Wharton AI & Analytics Initiative, the interdisciplinary endeavor will encompass curricular enhancements, investments to advance new research, collaboration between industry and academia, and open-source resources to help shape the direction of generative AI.

As part of the initiative, Wharton will begin providing ChatGPT Enterprise licenses to all full-time and executive MBA students this fall to further enable their exploration of generative AI. This innovation marks the first such collaboration between a business school and OpenAI, the company that makes ChatGPT.

“Exponential advances in AI are already changing how we live, learn, and work,” said Interim President J. Larry Jameson. “Like education, business must either lead this technological revolution or be led, and who better to help blaze the trail than the number one business school in the world? The new Wharton AI & Analytics Initiative is bold, leverages our strengths, and exemplifies Penn’s strategic leadership on great challenges of our time.”

Wharton has a long history of discerning the burgeoning challenges of the day and applying a data-informed approach to address societal needs. This latest initiative builds on Wharton’s extensive expertise in analytics and will significantly broaden the scope and impact of the School’s AI aspirations.

“Artificial intelligence is poised to fundamentally transform every sector of business and society, and the world needs reliable, evidence-based insights about its practical and responsible use today,” said Erika James, Dean of the Wharton School. “Business schools have a crucial role to play in understanding and advancing an AI-enabled world, and no school is better positioned to examine the multi-faceted dimensions of this evolving phenomenon than Wharton. That’s why we are investing heavily in areas that allow our faculty to navigate the avalanche of interrelated issues AI has broached.”

In support of this initiative, Wharton will establish two new funds to jumpstart efforts in research and teaching. A newly created Wharton AI Research Fund will provide faculty with critical resources to pursue projects exploring the intersection of AI advancement and modern business models, industries, and global economies. Additionally, an Education Innovation Fund has been developed to support curricular innovation by providing resources for faculty to augment, adapt, and reimagine how they incorporate AI into classroom instruction and course materials.
Building on the groundbreaking research explored in centers like AI at Wharton and the Mack Institute for Innovation Management, the initiative will further galvanize scholars across Wharton’s ten academic departments to explore AI’s impact on subjects like marketing, finance, investing, entrepreneurship, health care, and workforce productivity, while also considering AI’s ethical and accountability impact. The work will focus heavily on fostering collaboration between industry and academia to integrate a range of viewpoints and ensure the creation of value-added business learning and solutions.

The Wharton AI & Analytics Initiative will be led by Eric Bradlow, Vice Dean for AI & Analytics at Wharton, who is the K.P. Chao Professor, Professor of Marketing, Statistics and Data Science, Economics and Education. Professor Bradlow, who co-founded at Wharton the first-ever center on the application of data science to business, is an applied statistician with deep expertise in analytics and extensive experience engaging the business community.

“We aim to be the preeminent business school for student learning experiences, faculty exploration opportunities, and industry and academic thought partnership on AI and its impact on society,” said Bradlow. “This is a critical moment, and we are committed to creating and broadly sharing the novel scholarship the world needs to realize the tremendous promise of AI.”

The School is also building a new, open-source platform focused on the swift and iterative development of GenAI prototypes aimed at improving how society works and learns. By empowering learners through tailored AI educational experiences, the School aspires to shape the overall direction of generative AI while also mitigating its risks and dangers.

“Developing a fluency in AI and its impact on business decision-making is no longer an option, it’s a requirement to be competitive in any organization,” said Deputy Dean Nancy Rothbard. “We are once again answering society’s call to address the needs of tomorrow and we’re excited to provide our students and the business world with the tools and applicable knowledge they need to excel as we collectively confront the most transformative technology of our time.”

For more information about the Wharton AI & Analytics Initiative, visit https://ai-analytics.wharton.upenn.edu.

About the Wharton School
Founded in 1881 as the world’s first collegiate business school, the Wharton School of the University of Pennsylvania is shaping the future of business by incubating ideas, driving insights, and creating leaders who change the world. With a faculty of more than 235 renowned professors, Wharton has 5,000 undergraduate, MBA, executive MBA, and doctoral students. Each year 100,000 professionals from around the world advance their careers through Wharton Executive Education‘s individual, company-customized, and online programs, and thousands of pre-collegiate students explore business concepts through Wharton’s Global Youth Program. More than 105,000 Wharton alumni form a powerful global network of leaders who transform business every day. For more information, visit http://www.wharton.upenn.edu.

Media Contact

Caroline Pennartz, The Wharton School, 215-898-8036, communications@wharton.upenn.edu

View original content to download multimedia:https://www.prweb.com/releases/the-wharton-school-makes-strategic-investment-in-artificial-intelligence-research-and-teaching-302157911.html

SOURCE The Wharton School

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

PDRL Secures Order for 500 AeroGCS Software Licenses from AVPL International, Signalling Major Growth in India’s Drone Ecosystem

Published

58 minutes ago

on

November 13, 2024

By

NASHIK, India, Nov. 13, 2024 /PRNewswire/ — PDRL, an innovative drone technology leader based in Nashik, Maharashtra, is thrilled to announce a landmark order of 500 AeroGCS software licenses from AVPL International (AITMC Ventures Ltd.). AVPL International, a key player in Aerial Innovative Technology for Mapping and Conservation (AITMC), has partnered with PDRL in a move that underscores both organizations’ commitment to advancing India’s drone industry and its application in agriculture and mapping.

Empowering the Indian Drone and Agriculture Sectors

AVPL International’s operations extend across 12 states and encompass an extensive network of 50 Global Incubation and Skill hubs (GISH), with an additional 20 World Incubation and Skill Hubs (WISH) focused on the drone and agriculture sectors. These hubs play a critical role in fostering technological innovation, building workforce skills, and creating opportunities in India’s expanding drone landscape. The substantial order of drone software licenses from PDRL will empower AVPL International’s mission to integrate cutting-edge drone technology into precision agriculture, environmental conservation, and resource mapping.

AeroGCS GREEN: The Backbone of Indian Agriculture Drone Operations

AeroGCS GREEN, a software developed by PDRL, has quickly gained recognition as India’s premier, made-in-India Ground Control Station (GCS) software suite tailored specifically for agriculture drone operations. From precision flying to agriculture spraying and comprehensive drone analytics, AeroGCS offers a robust solution for every aspect of drone usage in agriculture. This product has become indispensable in the Indian drone industry, driving efficiency and data-driven insights that are essential for sustainable farming practices.

Strategic Partnership for Technological Advancement and Rural Empowerment

This collaboration marks a significant milestone in AVPL International’s vision to transform agriculture and environmental conservation through drone technology. By deploying PDRL’s advanced technology, AVPL International aims to optimize resource use in agriculture, and support conservation projects across India.

PDRL and AVPL International have expressed excitement about the potential this collaboration holds for the future. “Partnering with AVPL International represents a significant milestone for PDRL, allowing us to contribute meaningfully to India’s agricultural and environmental sectors,” said Mr. Anil Chandaliya, CEO of PDRL. Further, Himanshu Sharma, CEO at AVPL International stated “We’re enthusiastic about a collaborative future that drives sustainable growth and technological advancement, fostering progress in precision agriculture and beyond.”

A Milestone for India’s Drone Ecosystem

The collaboration promises to catalyse transformative progress in drone technology and its applications in agriculture, positioning India as a global leader in drone innovation.

About PDRL:

Established in 2018, PDRL has swiftly risen as a dominant force in the Drone Technology, commanding a market share exceeding 50%. With three patents secured and three more in the pipeline, PDRL is committed to pioneering advancements that Create More Time to Live.

Central to PDRL’s mission is the development of cutting-edge drone technologies that streamline operations, boost efficiencies, and create more time to live.

At the heart of PDRL’s innovation is AeroMegh, a revolutionary drone SaaS solution integrating flight management, data capture, processing, and analytics. AeroMegh consists of: AeroGCS: Ensures seamless flight operations, AeroMegh GeoAI platform Delivers precise photogrammetry solutions and provides advanced GeoAI data analytics. Together, these products empower users with actionable insights, simplifying drone operations and enhancing overall efficiency.

PDRL remains steadfast in its commitment to sustainability and responsible innovation. By leveraging eco-friendly drone solutions, PDRL aims to mitigate carbon footprints and promote environmentally conscious practices across various sectors.

Through continuous research and development, strategic partnerships, and unwavering customer focus, PDRL envisions leadership in the market and also a future defined by efficiency, sustainability, and enduring societal impact.

Contact Details:
Marketing@pdrl.in, +91 7770013322

 

View original content:https://www.prnewswire.com/in/news-releases/pdrl-secures-order-for-500-aerogcs-software-licenses-from-avpl-international-signalling-major-growth-in-indias-drone-ecosystem-302302614.html

Continue Reading

Technology

AU10TIX Expands Global Presence in Bengaluru to Support India’s Digital Identity Transformation

Published

58 minutes ago

on

November 13, 2024

By

Dedicated Presence to Empower Local Businesses with AI-Driven Identity Verification Solutions, Enabling Seamless Global Expansion

BENGALURU, India and TEL AVIV, Israel, Nov. 12, 2024 /PRNewswire/ — AU10TIX, a global leader in identity verification and management, today announced a significant expansion of its operations in India with the establishment of a dedicated presence in Bengaluru. This strategic move makes AU10TIX’s advanced identity verification solutions even more accessible to the world’s largest democracy, enhancing the company’s ability to serve the nation’s 1.4 billion citizens and support its rapidly growing digital economy with cutting-edge AI-powered technology.

With security embedded in its DNA for over two decades since inception, AU10TIX’s advanced smart capture technology and sophisticated LLM-powered verification systems can process over 3,000 ID types across more than 150 countries. This uniquely positions AU10TIX to help Indian businesses scale globally with seamless cross-border operations.

The company’s India operations will be led by identity verification market veteran Bhushan Sawant, who previously held sales and partnership positions with IDfy, CARD91 and Experian. He will spearhead the integration of AU10TIX’s advanced technologies within India’s unique identity ecosystem, focusing on empowering startups and established businesses in their global growth ambitions, particularly in expanding to APAC and other international markets.

“India’s digital transformation is occurring at an unprecedented scale,” said Bhushan Sawant, Regional Director, India, AU10TIX. “Our goal is to support this growth by providing identity verification solutions that are secure, scalable, and tailored to local needs, while also enabling Indian businesses to expand globally. Our deep expertise ensures the highest security standards while our smart technology delivers a smooth user experience.”

AU10TIX’s two-decade legacy in security-critical environments, combined with its advanced AI capabilities, makes it an ideal partner for India’s growing global business.

Dan Yerushalmi, CEO of AU10TIX, emphasized the company’s collaborative approach, saying, “We’re not here to compete with local solutions, but to complement them. We have the global expertise to help Indian businesses expand internationally, while we simultaneously learn from India’s impressive innovations in digital identity.”

About AU10TIX 
AU10TIX plays a pivotal role in establishing trust between individuals/companies and digital systems. Founded in 2002, it is the global leader in identity verification and management, protecting the world’s largest brands against advanced fraud. The company’s future-proof product portfolio helps businesses provide frictionless customer onboarding and verification in 4-8 seconds while staying ahead of emerging threats and evolving regulatory requirements. AU10TIX offers the world’s only 100% automated global identity management system, as well as the industry’s only solution that can detect organized mass attacks by analyzing traffic patterns and cross-checking data in a consortium of more than 60 major companies. With its deep roots in airport security, AU10TIX has authenticated billions of identities and prevented over $18 billion in identity fraud. AU10TIX is a subsidiary of ICTS International N.V. (OTCQB: ICTSF). Connect with AU10TIX on LinkedIn and on X at @AU10TIXLimited. For more information, visit AU10TIX.com. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/au10tix-expands-global-presence-in-bengaluru-to-support-indias-digital-identity-transformation-302303243.html

SOURCE AU10TIX

Continue Reading

Technology

COMPUTEX 2025: Seize Global Tech Opportunities – Registration Now Open!

Published

2 hours ago

on

November 13, 2024

By

TAIPEI, Nov. 13, 2024 /PRNewswire/ — COMPUTEX 2024, organized by the Taiwan External Trade Development Council (TAITRA), attracted global attention with 1,500 exhibitors and over 80,000 attendees, including tech professionals, startups, buyers, and media worldwide. As a premier platform for AI innovation, it solidified COMPUTEX’s position in the global tech scene. The upcoming COMPUTEX 2025 will be held from May 20 to May 23 at Taipei Nangang Exhibition Centers, focusing on the theme “AI Next.” Interested exhibitors are encouraged to register and take advantage of this opportunity to connect with the global tech market.

2025 Main Themes: Embracing AI and Innovation

The theme for COMPUTEX 2025, “AI Next,” focuses on the latest trends in artificial intelligence and how AI will drive industrial transformation in areas like content creation, product design, and manufacturing. By 2025, over half of global data analytics tasks will be cloud-based, with AI-related investments projected to surpass USD 300 billion by 2026. COMPUTEX 2025 will spotlight three main themes: AI Robotics, Next-Gen Tech, and Future Mobility. This focus aims to provide a robust platform for tech companies to present pioneering AI solutions and showcase advancements in robotics, next-gen tech, and mobility.

InnoVEX Pavilion: A Hub for Innovation 

The InnoVEX pavilion, renowned for supporting startups, will continue to be a highlight at COMPUTEX 2025, offering emerging companies an avenue to connect with manufacturing partners and access global distribution networks. This area will host various startup-focused activities, including competitions and product showcases, to attract interest from international venture capitalists and foster collaboration.

Diverse Events and Industry Leader Participation COMPUTEX 2024 concluded with influential keynote speakers, including leaders from AMD, Qualcomm, Intel, MediaTek, Supermicro, NXP, and Delta Research Institute. These leaders provided insights into how cutting-edge technologies can drive the future of AI, making COMPUTEX a critical forum for industry discussion. For 2025, the event will feature similar high-level talks and forums, along with theme-based tours, startup showcases, and procurement matchmaking sessions to facilitate networking and foster partnerships across borders.

Registration for COMPUTEX 2025 Open – A Premier Global Platform 

With registration now open, COMPUTEX 2025 offers a valuable platform for tech companies to enter international markets and form strategic partnerships. The event will feature keynote speeches, themed tours, and business matchmaking sessions, providing both established industry leaders and startups with valuable opportunities for exposure and growth. Don’t miss this unique chance to be part of the global tech scene; register now and visit the official website for more details.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/computex-2025-seize-global-tech-opportunities–registration-now-open-302303545.html

SOURCE TAITRA

Continue Reading

Trending