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UCL Technology Fund invests in artificial intelligence (AI) spinout Humanloop
12 August 2020
UCL spinout Humanloop has received investment to develop technology with the potential to improve performance of artificial intelligence (AI) systems.
Humanloop is a new spinout based on innovative research by Professors Emine Yilmaz and David Barber, who both work at the UCL AI Centre.
The spinout builds software that can train AI models to reach higher levels of accuracy on far smaller datasets. This has the potential to make AI systems less time-consuming and expensive to develop.
"What makes Humanloop’s systems different is that we use research developed at the UCL AI Centre to make the system learn a lot faster," explained David, Cofounder of Humanloop and Director of the UCL AI Centre.
"Our models also have well-calibrated uncertainty so when they're not confident they defer to a human, working alongside people and augmenting them, rather than trying to replace them.
"UCL Technology Fund’s vital investment means we can put our research into practice and take this exciting vision forward."
UCL Technology Fund is managed by AlbionVC in collaboration with UCL Business (UCLB), the university’s commercialisation company and a part of UCL Innovation & Enterprise.
Read the full news story on the UCLB website.
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Photo of Jordan Burgess, Raza Habib and Peter Hayes, cofounders of Humanloop © Humanloop