Paris Region presents its regional artificial intelligence plan “AI 2021” and the winners of the first “AI Paris Region 2018” International Competition
Valérie Pécresse, President of Paris Region, presented both the new regional plan to support artificial intelligence and the 4 winners of the first "AI Paris Region" competition launched last April, in the presence of Alexandra Dublanche, Vice President in charge of economic development, and Franck Margain, President of Paris Region Entreprises. This plan is part of a global strategy to make Paris Region a "Start-up Region" and more specifically the capital of artificial intelligence in Europe.
Paris Region wants to put artificial intelligence to work for the Paris Region economy and is committed to helping Paris region’s SMEs make more use of this technology on a daily basis with special resources and improved access.
The Regional Council also wants to strengthen the territory’s leadership and appeal in the artificial intelligence sector. To this end, the Region will look to its international partners already leading in this field (Canada, Germany, South Korea), and to its promotion agency Paris Region Entreprises.
Finally, Paris Region wants to mobilize its artificial intelligence expertise to solve the major industrial challenges of tomorrow in areas such as health, safety, mobility and employment. The Region, together with private players and research institutions, is devoting significant resources to remove the technological obstacles in these strategic areas for Paris region, particularly through its Innov'up Leader investment project.
Alexandra Dublanche, Vice President in charge of economic development, and Franck Margain, President of Paris Region Entreprises, withe the winners of the first "AI Paris Region" Challenge
Results of the AI PARIS REGION 2018 Competition:
4 winners receiving a total amount of €1.35 million in capital investments
This new international competition was first announced during Valérie Pécresse’s visit to CES in Las Vegas in January 2018, and targeted early stage Paris region startups as well as any French or foreign startup wishing to set up in Paris region. The Region, through the regional investment fund "Paris Région Venture Fund" and CEA Investissement, a subsidiary of the scientific research agency CEA, supports the long-term strategic and commercial development of emerging players in artificial intelligence in Paris Region. The competition’s partners are ATOS, Dassault Systèmes, Cap decisif Management, EY, Empruntis and Dechert.
1st prize: Therapanacea, Paris (Health): AI and oncology (€700,000 in capital by PRVF)
Based in Paris Region, this medical technology company, created in 2017, has expertise in learning, medical imaging and high performance computing. Directed by Nikos Paragios, Professor Emeritus of Mathematics at CentraleSupelec, Therapanacea develops and markets a new generation of software that uses artificial intelligence technologies to support the planning, preparation and delivery of treatments in radiation oncology and specifically radiotherapy, and that allows for more efficient and effective treatment, as well as fewer side effects.
2nd prize: LightOn, Paris (IT): Hardware for AI (€350,000 in capital by CEA Investissement)
Based in Paris Region, LightOn is developing a new technology for computers to be capable of using artificial intelligence on a very large scale. LightOn’s optical processors accelerate algorithms for very large quantities of data and with lower energy consumption. Resulting from a scientific collaboration between ESPCI and ENS, this technology combines multiple optical scattering, signal processing and machine learning, and is accessible on the market through a cloud platform.
3rd Prize: PandaGuide, Paris (Disabilities): AI helmet-guide for the visually impaired (€150,000 in capital by CEA Investissement)
Based in Paris Region, PandaGuide is developing an augmented reality helmet for the visually impaired. This makes it possible to guide a person from point A to point B anywhere on earth. PandaGuide deploys the same technologies as autonomous vehicles, and in particular a massive use of artificial intelligence.
International Favorite Prize: Smartify, London and Amsterdam (Culture): Recognition of works of art (€150,000 in capital by PRVF)
This English company, based in London and Amsterdam, is a virtual art guide that scans and instantly identifies works of art through artificial intelligence, and then provides extensive information through audio, video or even augmented reality. Since its launch in February 2017, Smartify has had more than 600,000 downloads and has partnered with some of the world's most visited museums. Smartify’s co-founders, Anna Lowe, Kokkiniotis Thanos, Nick Mueller and Ron Vrijmoet all wanted to make art’s greatest stories more accessible and to redefine the use of smartphones in galleries as a source of engagement with the art rather than a distraction from it