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RIYADH, Saudi Arabia, Oct. 26, 2022 /PRNewswire/ — Global nonprofit basis, the Future Investment Initiative (FII) Institute, at this time introduced the launch of the ‘Algoritmi Prize’ with assist from world analysis writer Springer Nature. The annual science and technology prize has been created to rejoice synthetic intelligence (AI) and robotics analysis that has the potential to provide real-world options that handle world challenges.
Each yr, the Algoritmi Prize will give attention to a unique world problem dealing with the world group throughout subjects similar to meals and water safety, healthcare, power and local weather change. All eligible candidates can be invited to an open competitors, evaluated by an unbiased panel of worldwide specialists.
The successful candidates will then obtain funding to develop and scale their technology, whereas gaining access to the FII Institute’s platforms the place they’ll be capable of share their analysis with buyers, teachers and decision-makers. Applications can be open in January 2023, and the winners of the primary prize can be introduced October 2023 on the FII 7th Edition.
In addition, the prize can be accompanied with an annual symposium on the FII conferences, involving an handle from a high-profile speaker within the subject of robotics. The symposium will deliver collectively delegates from throughout academia, authorities and trade with a standard curiosity, making a path for discussions in robotics and pushing innovation additional.
Richard Attias, CEO of the FII Institute, commented, “Our mission at FII Institute is to create an impact on humanity, with a focus on four main areas, including artificial intelligence and robotics. Through launching the Algoritmi Prize, we hope to encourage the brightest minds from around the globe to share their creative ideas with investors and decision-makers and transform them into real-life solutions to solve some of the problems people are facing all over the world.”
Global recognition for the significance of AI and robotics in fixing present world points is more and more rising, and the variety of papers printed in science journals has risen exponentially year-on-year. As new technology emerges, it’s clear that there’s a urgent want for robotics analysis to give attention to real-world options to deal with the social, financial and environmental challenges we face at this time.
The growth of the prize program has been carried out in collaboration with world analysis writer Springer Nature, who with their experience throughout scientific and analysis communication, can be concerned within the judging panel and analysis of entries for the inaugural prize.
Steven Inchcoombe, Chief Publishing Officer stated, “Award programs provide important platforms to recognize the researchers who are extending evidence-based approaches to tackling global challenges. We are pleased to support this new award through which FII will shine a light on influential research emerging in AI and robotics.”
NOTES TO EDITORS
The occasion factsheet might be discovered right here.
About FII Institute
The Future Investment Initiative (FII) Institute is a new world nonprofit basis with an funding arm and one agenda: Impact on Humanity. Global, inclusive and dedicated to Environmental, Social and Governance (ESG) ideas, we foster nice minds from world wide and switch concepts into real-world options in 5 important areas: Artificial Intelligence (AI) and Robotics, Education, Healthcare and Sustainability.
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