Tuesday, 28th April, 2015

Tungsten Corporation plc, has announce the launch of the Tungsten Centre for Intelligent Data Analytics (TCIDA), through a joint venture with Goldsmiths, University of London.

TCIDA is to undertake research and development into advanced Artificial Intelligence (AI) techniques for undertaking Big Data analysis. TCIDA will develop software to support Tungsten’s overall business and so continually improve its ability to provide state-of-the-art value added services to its clients.

TCIDA will support three senior Professors and fund PhD and post-doctoral research programmes. It will be based in Tungsten’s London office and is expected to begin delivering artificial intelligence software for commercial applications within 18 months.

Professor Mark Bishop, (academic) Director of TCIDA, said, "In the commercial, banking and finance sectors, AI systems and raw computer power have now advanced to the position where modern algorithms can be usefully applied to analyse very large data-sets. Research and development at TCIDA will be targeted to exploit the very latest AI techniques."

"Goldsmiths is delighted to partner with Tungsten Corporation in this innovative initiative to further the UK’s globally leading scientific and technology development, through such areas as Deep Learning, Reinforcement Learning and Reservoir Computing for commercial application with Tungsten."