Predictiv AI Inc (CVE:PAI) (OTCMKTS:INOTF) (FRA:71TA) has announced that it is partnering with the Waterloo Artificial Intelligence Institute at the University of Waterloo in Ontario.
The company said Tuesday that the partnership will allow its subsidiary AI Labs Inc to pursue various innovations through leveraging Waterloo.AI as an extension of the Predictiv AI team.
Predictiv AI said the collaboration will also allow it access to the world’s top AI resources, creating much greater bandwidth in ideation, research, and development of solutions for real-world problems.
The company said it looks forward to participating in and supporting Waterloo.AI events and introducing other synergistic partners to the program. Beyond having access to a talent pool of academics and their teams for research and development, the partnership also provides for round table participation among Waterloo.AI partners.
“We are very excited and honoured to be working with one of the world’s leading artificial intelligence institutions,” said Predictiv AI CEO Michael Lende in a statement. “We will now be able to accelerate our innovations and scale our team’s productivity while learning new ways to approach projects with new and unique technologies.”
Lende added: “The formalization of this relationship is a crucial building block in our growth plans as it allows us to remain asset-light while simultaneously accelerating innovation on our artificial intelligence and deep machine learning-based solutions. We look forward to a long-term association with Waterloo.AI.”
Predictiv AI has developed ThermalPass to lessen the spread of coronavirus (COVID-19) in high-traffic locations by using medical-grade sensors to scan people (up to 60 per minute using 1,200 sensors) who pass through it and silently identify anyone with an abnormally high body temperature — a possible indicator of the disease.
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