Element AI, an AI-based Canadian startup that offers groundbreaking artificial intelligence services is opening an office in London this week, which is its first international expansion and serves as their European headquarters as well. The company’s main focus is to expand its work with governmental and non-governmental organizations, university researchers, and industry on “AI for good” together working in manufacturing, cybersecurity, finance, robotics, and logistics.
“There are so many exciting people in the world of academia and artificial intelligence wanting to do interesting stuff. How can we make sure our tools are not just meeting the needs of big companies? There are others who could also use them,” Dr Julien Cornebise, who will be leading Element.AI’s offices in London, said in an interview.
Element AI is planning to recruit 20 developers and engineers to start its branch in London and also wants to develop its global network. Last year the company has raised nearly $102 million to develop an incubator-meets-consultancy in order to collaborate with multiple businesses as they introduce more AI based systems and services.
“Element AI’s establishment of a London office is testament to the strengths of the UK research and innovation ecosystem in AI, and the potential for industrial collaborations with our businesses,” said Matt Sansam, Innovation Lead for Digital at Innovate UK, in a statement.
Source: Element AI official blog