[ad_1]
The USC-Capital One Middle for Accountable AI and Resolution Making in Finance (CREDIF) is the primary middle launched below the auspices of the USC Faculty of Superior Computing (SAC), a unit of the USC Viterbi Faculty of Engineering.
USC and Capital One introduced at the moment the USC-Capital One Middle for Accountable AI and Resolution Making in Finance (CREDIF). Supported by a $3-million reward from Capital One, the joint analysis middle will deal with advancing foundations for algorithmic, knowledge and software program improvements for synthetic intelligence (AI) and its functions to finance.
Combining USC’s world-class analysis with Capital One’s area experience, it’s the first middle launched below the auspices of the USC School of Advanced Computing (SAC), a unit of the USC Viterbi School of Engineering.
A cornerstone of USC President Carol Folt’s Frontiers of Computing “moonshot,” the SAC serves as a nexus for superior computing analysis and training throughout the college. The middle will stand as its inaugural beacon, stated Gaurav Sukhatme, director of the SAC and govt vice dean of the USC Viterbi Faculty of Engineering.
Professor Petros Ioannou will lead the brand new middle.
“This new middle is emblematic of the fast-moving and far-reaching affect of computing at the moment,” stated Sukhatme, a professor of laptop science and electrical and laptop engineering. “Accountable, human-centered resolution making—a cornerstone of the USC Faculty of Superior Computing—is at its very coronary heart.”
House to among the world’s main minds in superior computing, the middle will discover how rising applied sciences in AI and analytics might be utilized to monetary programs and providers at scale, advancing cross-disciplinary information between finance and know-how.
Prem Natarajan, chief scientist and head of enterprise AI at Capital One, who spearheaded the thought for the middle with Sukhatme, stated the brand new middle will assist Capital One leverage the immense sources throughout the SAC to deal with complicated challenges and alternatives within the monetary sector.
“At Capital One, we consider multidisciplinary partnerships and initiatives like CREDIF can advance the state-of-the-art in AI whereas additionally guaranteeing various views and equities when creating, testing, and deploying AI capabilities,” stated Natarajan. “USC’s modern school, college students, and analysis sources together with Capital One’s mission-driven focus and world-class business expertise create a singular alternative to leverage AI to unravel among the most difficult issues in monetary providers and supply differentiated worth to hundreds of thousands of consumers.”
Amongst its targets, the middle will assist analysis tasks targeted on the event of cutting-edge know-how and approaches to enhance enterprise and finance innovation. Annually, USC school members will probably be invited to submit proposals for faculty-led analysis efforts. An annual fellowship for doctoral college students, named Capital One Fellows, will equip college students with the abilities and information wanted to excel within the subject of AI in finance. As well as, USC and Capital One may even host annual joint analysis symposium and workshops to share insights with the broader group.
“USC’s modern school, college students, and analysis sources together with Capital One’s mission-driven focus and world-class business expertise create a singular alternative.” Prem Natarajan.
“We’re thrilled to companion with Capital One to advance accountable AI and resolution making in finance,” stated Yannis C. Yortsos, dean of the Viterbi Faculty of Engineering. “Our proficient USC Viterbi college students and college will use their excellent technical computational competence to offer human-and societal- centric monetary resolution making. Such robust partnerships enable the event of extraordinary new options to real-world issues that assist advance innovation, productiveness and the pursuit of human flourishing.”
Petros Ioannou, a professor {of electrical} and laptop engineering, aerospace and mechanical engineering, and industrial and programs engineering, will function the middle’s inaugural director.
Ioannou, the director of the Center for Advanced Transportation Technologies, holds the A.V. ‘Bal’ Balakrishnan Chair in Engineering and was recently appointed as a College Professor, USC’s highest tutorial honor. In 2008, Ioannou developed USC’s Master’s of Science in Financial Engineering program in collaboration with the Marshall School of Business, certainly one of Viterbi’s most profitable grasp’s packages.
“I’m delighted to be a part of this vital analysis middle, the place cutting-edge computing and AI methods will probably be utilized to fixing complicated monetary issues,” stated Ioannou. “My precedence is to encourage and appeal to researchers and PhD college students and strengthen our capabilities in monetary engineering. The potential for fixing complicated monetary issues utilizing computational methods and AI is gigantic.”
A member of the USC school group since 1982, Ioannou is a number one authority in management programs neural networks, nonlinear programs, and clever transportation programs. He was not too long ago inducted into the Nationwide Academy of Engineering and made a Fellow of the European Academy of Science. He’s additionally a member of the Academia Europaea and a Fellow of the Nationwide Academy of Inventors. He has revealed 9 books, greater than 170 journal articles and e-book chapters, almost 250 convention papers, and holds 3 patents.
“Together with his wealthy historical past of contributions to the functions of engineering to many disciplines together with networks and transportation, and his expertise establishing and directing the profitable grasp’s program in monetary engineering, Professor Ioannou is well-positioned to function the inaugural director of this multidisciplinary middle,” stated Sukhatme.
Printed on April eleventh, 2024
Final up to date on April eleventh, 2024
[ad_2]
Source link
