Oxford-based AI startup Mind Foundry closes €11.46 million funding round to create a future where humans and AI work together
Summary
With customers across several industries, Mind Foundry’s AI platform learns about and understands your business to help your team make better decisions. Therefore, we had been seeking a reliable partner with first-class technology in order to jointly develop such solutions across the insurance value chain.” Brian Mullins, CEO at Mind Foundry, added: “The insurance industry is a critical part of economies around the globe, helping companies and people to make better choices, balance risk, and access critical services in times of need. With the power of AI and Machine Learning, we can transform the industry and the lives of the people who depend on it.” As our homes, cars, and offices become increasingly connected, the role of insurers is also evolving. University of Oxford Professors Stephen Roberts and Michael Osborne founded the company because they realised how important AI was for our future. Their methodological and applied work laid the foundation for an entirely new type of machine learning platform that can help people collaborate with AI to make better decisions together.
Funding
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