AI Austria monthly: August Update
European AI Community gathering in Vienna, our annual summit in the alps, pro-bono work, a new study on synthetic data and more...
July was an unusually busy month for us with both new initiatives starting and long-running projects reaching new heights. Check out our newsletter and learn why August won‘t be a slow month either.
🚀 Latest Developments
⭐ Event Announcement: State of AI - from inflated expectations to delivered benefits
In collaboration with the IECT Hermann Hauser we invite you to an inspiring event to discuss the "State of AI" - part 7 of a series where we bring together some of the greatest minds in AI and beyond. It is our special pleasure to welcome Tony Fadell, the inventor of the iPod and co-creator of the iPhone to our event. Tony will be joined by Hermann Hauser on, Oege de Moor, the creator of GitHub Co-Pilot, Vanessa Cann, fmr. Managing Director at the Bundesverband KI and now co-founder of nyonic, and Thomas Lindemann, the Co-Founder & CEO of fyrfeed. » Register under this link!
🇪🇺 European AI Forum summer camp in Vienna
On August 5th we welcomed our EAIF partner organizations for a workshop in Vienna. During the highly productive sessions we shared good news, such as being formally registered in Brussels, made concrete plans for the rest of the year, and setup dedicated working groups. Stay tuned for more updates after the summer break. » follow the EAIF on LinkedIn
🤝 Caritas & AI Austria Collaborate for a Brighter AI-Driven Future
In 2022 enliteAI set-up a pro-bono project at Caritas, with the aim to explore possible applications for AI within the diverse non-profit environment. Over time this project grew and saw selected AI Austria members such as our own Matthias Grabner participating. Most recently we organized an in-house workshop at Caritas, to delve deeper into how AI can be applied more effectively. Additionally, we welcome Leftshift One, who supported us with their in-depth expertise on LLM. We are looking forward to sharing more results with you in the near future.
🎓 Study on Synthetic Data by mostly AI
MostlyAI conducted a large survey in the KDnuggets data science and AI/ML community to assess the state of syntheticdata in companies today. Some of the key findings from more than 300 respondents include
only 15% of AI/ML models are in production
28% blamed a lack of data access for failed AI/ML projects
61% of respondents noted it takes months to access quality data
71% agreed that synthetic data is the missing piece of the puzzle required for AI/ML projects to succeed
🗞️ AI newsroom made in Austria
Newsrooms.ai is the new AI spin-off of the leading Austrian startup portal Trending Topics. Designed as a "companion for content creators", the software helps with the creation of texts. Newsrooms.ai is LLM-agnostic and will work with GPT-3.5 Turbo, Llama 2, Bart, Falcon, StableLM. The new project relies heavily on open source, the AI Act of the EU, and a young, ambitious team of AI, software, and content experts. The tool is already in production mode in the editorial department of Trending Topics. Currently, the first design partners are onboarded, whose content will be trained with LLMs, so that every organization can produce content in their style. » more
💼 Austria's AI-Strategy Website Priced at €100,000
The Austrian government launched an official website for its 'Artificial Intelligence Mission Austria 2030' (AIM AT 2030), aimed at navigating Austria into the age of AI. Managed by Austria's Ministry for Climate Protection and the Finance Ministry, the site has faced criticism for its high price of nearly €100,000 for merely 770 words and limited information. The costs and decisions surrounding the website have been brought to light by a parliamentary inquiry. Questions were brought up by the media about the website's necessity, especially when older strategy documents are available on existing platforms. Details of the inquiry can be found here and further coverage is provided by trending topics and heute.at.
💶 Speedinvest - study on non-dilutive funding opportunities in Europe
Leading European VC Speedinvest conducted a study on non-dilutive funding opportunities across Europe. Not totally unexpected Austria is among the top locations, especially given its size. » full results
🦾 Call for Action
⚡️ VERBUND X Accelerator is looking for AI startups
VERBUND X Accelerator is back with exciting news for start-ups and tech champions! And this year VERBUND X Ventures will feature 2 VC cases together with our partners Speedinvest and Elevator Ventures!
Apply now for the 4th batch in the following fields:
Cross-industry generative AI solutions
Solutions for vehicle-to-grid applications
New business models around EV charging
Building energy efficiency & management
🏢 AI Austria booth at the Digital Days 2023 "Digital Humanism - in action"
We still have 2 lots open for this year’s Digital Days on November 20 & 21 at the Technical Museum Vienna. If you are interested in joining us send us your concept idea to email@example.com
📆 Upcoming Events
For more information on upcoming events head over to our community calendar.
🧑💻 Featured Jobs
Once a month we feature selected openings from our job board in this section.
Know-Center Graz has many interesting open positions: Software Engineer for Data Science Projects, Head of Operations, Senior Project Manager, Business Development Manager, Data Platform & Machine Learning Engineer
Interesting position in Seoul, South Korea: Austrian-led startup Packative is hiring a Computer Vision Engineer
enliteAI is looking for several additions to their technical team, as well as an office assistant (part-time).
Data Engineer at Opdata
Want your job listed? Head over to our Job Board.
🎧 Want to listen to this update instead of reading? Click “Play” below:
Thanks for reading AI Austria Newsletter! Subscribe for free to receive new posts and support our mission.