Oxford and UBS launch Centre for Applied AI to advance real-world research
The University of Oxford has partnered with investment bank UBS to launch the Oxford-UBS Centre for Applied AI. The new Centre aims to deepen understanding of AI and promote its practical application.
The Centre will be led by a new UBS Professor for Applied AI at Oxford’s Saïd Business School, supported by a team of 20 researchers.
Research at the Centre will focus on three key areas:
AI and Society: including aspects of AI governance, the future of work, and sustainability.
AI for Business and Economy: including applications of AI in driving innovation and transformation across business and economic ecosystems.
AI Futures: including the exploration of emerging AI paradigms, models developments and their applications.
Professor Irene Tracey, Vice-Chancellor of the University of Oxford, comments: “It is wonderful to announce this exciting and important partnership that brings together one of the world’s leading universities with a globally leading financial services institution. This dynamic multidisciplinary partnership will lead to pioneering new AI research solutions and practical applications at a time of unprecedented technological change. We are grateful to UBS for their vision and support, enabling us to launch the Oxford-UBS Centre for Applied AI.
“This strategic partnership will be unique in its research power as it draws on intellectual capital from the University of Oxford’s business school and our division for scientific research, and is generously supported by UBS.”
Mike Dargan, UBS Group Chief Operations and Technology Officer, adds: “AI represents a fundamental opportunity to change how we operate and create value for clients. We are delighted that UBS will be partnering with the University of Oxford to foster pioneering AI research and develop practical tools and solutions that can be implemented at scale across our firm, accelerating our journey to become a fully AI-enabled institution and shaping the future of financial services.”
