ASX-Dividend-Report-Banner

The University of the Basque Country and Avature Are Selected to Launch the First Chair in Artificial Intelligence and Language Technology

January 31, 2024 01:00 AM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 The University of the Basque Country and Avature Are Selected to Launch the First Chair in Artificial Intelligence and Language Technology
Image source: Kalkine Media

LONDON, Jan. 30, 2024 /PRNewswire/ -- Avature, a leading provider of innovative Human Capital Management (HCM) software for recruiting and talent management, and the HiTZ research center of the University of the Basque Country (UPV/EHU), launch the first "Chair in Artificial Intelligence and Language Technology," selected by the Ministry of Digital Transformation of Spain to support the National Strategy for Artificial Intelligence.

This selection falls under an inaugural program to fund university chairs dedicated to research, information sharing, teaching and innovation in artificial intelligence. Given the significant advancements in the field and the undeniable impact of language technology across organizations and society more broadly, the program aims to position the country at the forefront of generative AI by augmenting its research capacity.

To support these goals, the chair relies on two pillars that combine invaluable perspectives from the academic and commercial landscapes.

  • The demonstrated scientific and teaching excellence of the University's HiTZ research center, working closely with the institution's Faculty of Informatics.
  • The expertise of Avature's in-house Natural Language Processing and Machine Learning Team and the commercial applications they've created.

Avature's customer base, including 110 Fortune 500 companies and numerous government agencies, chooses the platform to safely deploy AI to various HR tasks because of the organization's transparent and explainable approach to AI development. With its established trust model and historic focus on recruiting, talent management, employee training and re-skilling, Avature's participation in the chair underscores the initiative's commitment to ethical AI and bias mitigation. 

Dimitri Boylan, CEO of Avature, commented, "Our customers are eager to bring employment opportunities to people in their local communities and build a diverse workforce, and they recognize that artificial intelligence can play an important role in these efforts. Though this chair takes place in Spain, we are confident that the fundamental advancements it will unlock will be beneficial for our customers across the globe as they continue to leverage AI to pursue these objectives. We are excited to collaborate with the esteemed HiTZ research center to deliver value to our customers and society in general."

Ultimately, the chair intends to heighten the positive impact of AI and language technology across society, industries and organizations through four concrete actions:

  • Increasing expert training through undergraduate and postgraduate studies and fostering continuous development for AI professionals.
  • Facilitating knowledge transfer between the academic and business areas by creating innovative collaboration mechanisms.
  • Enabling continuous enhancements around generative AI to positively impact energy efficiency and bias reduction, among other initiatives.
  • Enhancing information sharing regarding generative AI to increase its adoption in society, strengthen its benefits and identify and mitigate new challenges that may arise.

Artificial intelligence is a sea change and, through this chair, Avature will work alongside the prestigious UPV/EHU's HiTZ research center to foster cutting-edge AI research and safeguard its development in a fast-evolving landscape, while furthering its AI expertise with the advancements resulting from the collaboration.

About Avature

Avature is a highly configurable enterprise HCM SaaS platform for recruiting and talent management, and the leading provider of CRM and ATS technology for human resources globally. Founded by Dimitri Boylan, Avature brings consumer-grade internet technology and digital innovation to HR departments. Avature solutions include shared services sourcing, applicant tracking, career sites, campus and events recruiting, employee referral management, social onboarding, branded employee engagement, employee mobility and workforce optimization, employee case management, performance management and learning.

Used by 110 of the Fortune 500 in more than 164 countries and 32 languages, Avature delivers its services from its private cloud, located in data centers in the US, Europe and Asia and from the Public Cloud. Avature has offices in Buenos Aires, London, Madrid, Melbourne, Munich, New York, Paris, Shenzhen and Virginia. Learn more at www.avature.net

About the HiTZ Research Center at the University of the Basque Country

The HiTZ is a reference center on Language Technologies, whose aim is to promote innovation in Artificial Intelligence focused on language and speech. Find out more at www.hitz.eus/en


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.