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Metaverse News Europe


Silo AI acquires Machine2Learn to bolster presence in Western Europe

7/3/2023

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Helsinki-based Silo AI, a private AI lab that delivers AI-driven solutions and products, announced it has acquired Amsterdam’s Machine2Learn, experts in Machine Learning.

Following Silo AI’s entrance to Canada earlier this year, the acquisition marks yet another milestone in the company’s worldwide expansion.

What does Machine2Learn offer?
Co-founded in 2017 by Dr Ali Bahramisharif and Tom Heskes, a professor at Radboud University, Machine2Learn is a research-oriented company founded in 2017. It offers customised solutions based on machine vision and machine learning, especially for machinery and process quality control.

The company specialises in making machine learning applications’ deployment, management, and maintenance simpler. 

Machine2Learn claims that its machine vision solutions offer vital quality control data for the equipment, manufacturing, logistics, and semiconductor industries. Some of its clients include AkzoNobel, T-Mobile, and Unilever, among others.

The founders of the firm are at the forefront of the world’s AI research. Prof Heskes, who has an h-index of 55 and has served as a long-term editor of Neurocomputing, is a specialist internationally and one of the pioneers in machine learning research.

While Bahramisharif previously worked as an Assistant Professor at the University of Amsterdam and as a team leader in the machine learning spin-off company Scyfer which was sold to Qualcomm in 2017.

Speaking on the acquisition, Bahramisharif says, “I am very pleased with this new phase in our company’s story. Silo AI’s ability to create a fast-growing and profitable AI company has been impressive to watch.”

“We gain support for our growth in terms of business and sales development, and the opportunity to serve even larger customers. Silo AI’s vision of European digital sovereignty is perfectly aligned with our values, its foundation is in European values, culture, and trustworthiness.”

“Together, we’re excited to build Silo AI into Europe’s flagship AI company,” adds Bahramisharif.
(...)

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022