Amazon Is Investing $1.5 Million in Germany’s AI, Partnering with Max Planck Society

Amazon Is Investing $1.5 Million in Germany’s AI, Partnering with Max Planck Society

Amazon Is Investing 1.5 Million in Germanys AI Partnering with Max Planck Society

Amazon is partnering with a leading Artificial Intelligence (AI) research firm that has an eye in the future of the company and AI business applications.

The Seattle-based company announced the investment of $1.5 million in Cyber Valley, a Max Planck Society initiative, for the investigation of AI fields and AI scholars’ support system.

“This underlines our commitment to create high-skilled jobs in breakthrough technologies,” said Ralf Herbrich, director of machine learning at Amazon and managing director of the Amazon Development Center Germany.

Amazon’s investment in Cyber Valley will go toward the acceleration of innovation in the AI industry and to continue supporting investigation in the field to train new AI researchers.

“With Amazon joining Cyber Valley, our idea to create a fruitful environment for business activities will gain momentum by expanding AI research in the Stuttgart and Tübingen area,” Max Planck President Martin Stratmann stated in the news release for the society.

Amazon currently supports the development of Alexa and Echo products which are heavily based in AI and the company is expected to further explore the possibility for improvement of algorithms in machine learning. So it comes as no surprise that aside from the investment in Cyber Valley, Amazon announced that it will set up its own research center adjacent to the Max Planck Institute for Intelligent Systems in Tübingen, Germany.

In a recent conference call with shareholders, Amazon’s CEO, Jeff Bezos, talked about the importance of AI in the future of the company by telling them to “watch very carefully” in coming years.

Amazon’s involvement in Cyber Valley and the Max Planck Society also implies an annual research award of $500,000 and the naming of two “Amazon Scholars” in Dr. Bernhard Schölkopf, an expert in machine learning and co-inventor of computer-aided photography, as well as Dr. Michael J. Black, an expert in the field of machine vision.

Marco Islas
Marco Islas
Journalist with 15 years of experience covering the verge between culture, tech and business lives in the Mexico Silicon Valley witnessing his bloom.

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