TL;DR:
- Axyon AI secures two significant grants for its pioneering work in Quantum computing and AI for Asset Management.
- The company partners with ELISE and ELLIS to leverage Quantum computing technology to enhance its model-building pipeline.
- Axyon AI also receives the Research and Experimental Development Projects grant for advanced AI research and development.
- Collaboration with UNIMORE focuses on integrating and improving Machine Learning and Deep Learning models.
- CEO Daniele Grassi emphasizes their dedication to innovation and setting new industry standards.
Main AI News:
In a resounding affirmation of its groundbreaking work, Axyon AI, the fintech trailblazer renowned for its AI and deep learning predictive solutions in the Asset Management sector, has recently secured two prestigious grants. These grants not only underscore the inherent value of the company’s research but also spotlight its unwavering commitment to advancing technology.
The first of these remarkable grants has catapulted Axyon AI into the forefront of Quantum computing. With Quantum computing poised to revolutionize the tech landscape, Axyon AI’s innovative AI-based financial modeling engine is set to harness the transformative potential of this cutting-edge technology. Notably, this grant is a significant shift from Quantum computing’s development phase to its real-world applications.
ELISE, a formidable network of artificial intelligence research hubs, in collaboration with ELLIS (the European Laboratory for Learning and Intelligent Systems), has extended its support to Axyon AI. Recognizing Axyon AI as a distinguished Artificial Intelligence SME in Europe, they have provided funding for Axyon AI’s groundbreaking project in Quantum and physics-based Machine Learning (ML).
Collaborating with ELLIS opens up an exciting realm of possibilities for Axyon AI. With the unparalleled computational prowess of Quantum computing at its disposal, the company is all set to elevate the model-building pipeline to unprecedented heights. Axyon AI aims to explore a vast universe of available models, identifying those that deliver optimal performance during the ensemble learning phase.
Traditionally, AI/ML model ensembling on High-Performance Computing (HPC) infrastructure was constrained by resource limitations, evaluating only a fraction of potential models. Quantum computing, however, changes the game by comprehensively scrutinizing each model. This technology broadens horizons, enabling Axyon AI to craft an even more robust ensemble. In doing so, it propels its performance to unparalleled heights, positioning the fintech as a pioneer in the realm of Quantum computing technology for investment.
In another significant triumph, Axyon AI has clinched the prestigious Research and Experimental Development Projects grant, awarded by the Emilia-Romagna Region. This accolade empowers Axyon AI to embark on cutting-edge industrial AI research and experimental development projects.
Collaborating with the University of Modena and Reggio Emilia (UNIMORE), Axyon AI is set to integrate and enhance its Machine Learning and Deep Learning models. The primary goal is to optimize the investment strategies that Axyon AI offers to its clients.
Daniele Grassi, CEO and Co-Founder of Axyon AI, commented on these momentous achievements, stating, “These two recognitions underscore our unwavering dedication to innovation and technological research. We are proud to be recognized for our commitment to AI research and to be among the select few pioneering Quantum computing applications in the investment management sector. With the unprecedented computational capabilities of Quantum computing, we aim to redefine the efficiency and efficacy of AI-based model strategies. It’s not just about innovation for its own sake; it’s about setting new industry standards, offering unparalleled value to our clients, and maintaining our position at the forefront of the AI era.“
Conclusion:
Axyon AI’s success in securing these grants reflects its leadership in Quantum computing and AI applications for Asset Management. This development signifies a shift towards more efficient and powerful AI-based model strategies, potentially reshaping the market by offering unparalleled value to clients and maintaining a leading position in the AI era.
