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Today, Thomas Sibel, CEO of C3 AI, announced a third group of Digital Transformation Institute (DTI) grant recipients accelerating the development of Artificial Intelligence (AI) and Machine Learning (ML) technologies in hopes of tackling emerging threats.
As an organization, C3 provides AI enterprises with an AI application platform that they can use to create, deploy and manage AI applications for use cases such as fraud detection, network health, supply network optimization, energy management and more.
Grant was founded in March 2020 by C3 AI, Microsoft and some of the world’s leading universities. The goal is to engage the world’s top scientists through cash grants to research and train practitioners on AI, machine learning, cloud computing, IoT, big data analytics, organizational behavior, public policy and ethics.
With C3 contributing $ 57.25 million to AI scientists during its first five years of operation, the organization now aims to advance technological research in areas such as AI, machine learning and cloud computing, so that enterprises and decision makers can benefit from better solutions. .
The role of DTI in the development of AI cyber security
The announcement comes amid a steady increase in enterprise investment in AI, with 56% of organizations reporting adoption of AI in 2021, compared to 50% in 2020.
It also coincides with the widespread rise in cybercrime and the organization’s struggle to accommodate sophisticated modern threats, with 1,862 data breaches last year, a 68% increase over the previous year.
Currently, DTI Grant is playing a role in encouraging top AI and machine learning researchers from around the world to come together and collaborate to find new solutions to modern threats.
“The 2022 program has selected proposals that use AI and machine learning to identify and prevent a wide range of harmful cyber security and infrastructure challenges, including phishing and malware attacks,” Sibel said.
“Each recipient will receive grant funds to start their projects that use AI and machine learning to improve cyber security, strengthen information security and secure vital infrastructure. This is one of the most complex challenges facing business and government globally, “he added.
Using AI to stop threatening artists
C3 AI is part of the enterprise artificial intelligence market that researchers valued at $ 4.68 billion in 2018, and more organizations are investing in machine learning and artificial intelligence by 2026 to build insights on how to increase their operations. .
One of the main competitors of C3 AI is Plantier, which offers solutions with data and model integration to help deploy AI and ML models for enterprises called Foundry. Plantier was valued at $ 10.5 billion in 2020
Another competitor is a data cloud robot with AI cloud platform that can automatically create advanced machine learning models ranging from visual AI to text AI and location AI, valued at રોકાણ 6.3 billion after an investment of $ 300 million.
While these competitors have ample funding behind them, Sibel argues that the flexibility and strategic partnership of C3 AI sets it apart from competitors.
“C3 AI provides transformative solutions across all industries, including defense, manufacturing, energy and financial services. Leading enterprise AI software provider, the company’s solutions achieve results in just weeks instead of years. C3 AI works with some of the world’s most influential organizations, including Adobe, Google Cloud, Microsoft, Accenture and Shell. “
Universities contributing to the project include University of California, Berkeley, University of Illinois Urbana-Champaign, Carnegie Mellon University, KTH Royal Institute of Technology, Lawrence Berkeley National Laboratory, University of Massachusetts Institute, University of Massachusetts. -Champan, Princeton University, Stanford University and University of Chicago.
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