Categories LATEST, Research Summary, Technology

Luxembourg creates national ‘AI lab’ with NVIDIA

Luxembourg, one of the smallest countries in Europe, joined hands with microchip and graphics card giant Nvidia (NVDA) to launch a national AI laboratory.

According to Nvidia, Luxembourg will use the AI lab to tackle a wide variety of things spanning across healthcare, finance and security, to even space exploration.

Luxembourg Prime Minister Xavier Bettel weighed in, “Luxembourg is nurturing a pan-European innovation ecosystem.”

“This cooperation with Nvidia is big news for our local innovators, and our country is proud to be the first European country to create an AI partnership with Nvidia,” he added.

 

Luxembourg launches Artificial Intelligence laboratory (AI lab) with NVIDIA
Luxembourg Prime Minister Xavier Bettel speaking on AI lab (Source: Nvidia)

This is part of Digital Luxembourg, the country’s initiative to become a technological frontrunner internationally.

University of Luxembourg Rector Stéphane Pallage said that the AI lab would be a “cross-pollination between disciplines.”

“Tackling real-world problems involves bringing together experts from across disciplines, not just the sciences but also law, the humanities and beyond,” said Pallage. “This collaboration provides a new context for this approach, and we are sure it will have a very positive impact on the economy and society.

Additionally, Digital Luxembourg also aims to create educational materials to aid researchers and professionals across sectors in applying AI in their work.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference, and much more!

Also Read:  Dave & Buster's Entertainment (PLAY) tumbles on bankruptcy fears

Most Popular

COVID-19 drove retailers up the digital path years ahead than anticipated

Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how the acceleration of online shopping led many of them to

Snowflake (SNOW) creates a record as the most successful software IPO ever; stock more than doubles

Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by capturing, analyzing, and mobilizing data. The public cloud is becoming

Adobe (ADBE) sees new tailwinds as virtual shift gathers steam

The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital content solutions. The company has remained unaffected by the virus-related

Top