NTNU, Telenor and SINTEF open Norway's new powerhouse for

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
283
NTNU, Telenor and SINTEF open Norway's new powerhouse for Artificial Intelligence

Norway's new powerhouse for artificial intelligence (AI) opens in Trondheim today. The new centre, Telenor-NTNU AI-Lab , will strengthen national competitiveness and add valuable, future-proof competencies to the Norwegian society.

"Artificial intelligence is perhaps the single most important technology of our century. In the future, AI will drive your car, revolutionize cancer treatment and make public services more efficient. With this opening we want to accelerate the education, research and competency building which will be crucial for Norway's ability to compete in the digital future," says Sigve Brekke, President & CEO of Telenor Group. 

The new centre is financed by Telenor with NOK 50 million and the company's researchers will participate in joint projects at the lab. NTNU (Norwegian University of Science and Technology) contributes with academic resources, infrastructure and technical assistance while the research organization SINTEF will contribute with bringing the knowledge into practical use.   Telenor-NTNU AI-Lab will be an inclusive and sharing centre where members of academia, businesses, startup communities, organisations and authorities can contribute to and benefit from the development of new knowledge.  The lab will be based on established principles for research ethics, to which contributors must adhere.

"Artificial intelligence is an area where Norway can take a position internationally while simultaneously developing services to the benefit of Norwegian society. The most important aspect of the Telenor-NTNU AI-Lab is that we're now creating the foundation of knowledge for something we don't yet know what is. I believe that we will help create a society where technology makes our personal and professional lives simpler, smarter and better," says Gunnar Bovim, Rector at NTNU.    

The objective is that companies and organizations will contribute with both real-life problems to be addressed as well as datasets for the scientists to work on together with the involved parties. Telenor will make available large and anonymized datasets from its mobile- and IoT networks.

"Artificial intelligence represents a fundamental technological shift that opens up for new opportunities, increased competitiveness for Norwegian industry, and greater efficiency in the public sector. SINTEF is betting heavily on AI and believe it is vital that leading expertise in this area is developed in Norway. In close collaboration with NTNU and Telenor, SINTEF will contribute to the development of technology based on AI that will increase value creation in Norway," says Alexandra Bech Gjørv, CEO of SINTEF.

Opening today: The Telenor-NTNU AI-Lab opens today in Trondheim. Norwegian Minister of Trade and Industry Monica Mæland, Norwegian Minister of Culture Linda Hofstad Helleland, Sigve Brekke (Telenor), Gunnar Bovim (NTNU), and Alexandra Bech Gjørv (SINTEF) will attend the opening ceremony. This will be followed by a seminar about artificial intelligence open to students and the public.

Facts: The Telenor-NTNU AI-Lab is located at Norway's premier technological university, NTNU, in close proximity to SINTEF in Trondheim. It will have 50 work stations spread over 120 sqm and be open to all students and faculty at NTNU. The lab will be managed by one professor, and master- and PhD students and scientists will conduct experiments in the lab and carry out research with external academic and industry partners.

The Telenor-NTNU AI-Lab will conduct research on theory and methods within machine learning (multiple technologies and applications that can understand, act and learn from big datasets) as well as pursue applied research at an international level.  The ambition is also that the lab will stimulate the creation of new products, services, businesses and workplaces.

About Telenor's investment:  NOK 40 million will fund professorships, post-doctoral positions and master/PhD scholarships as well as hardware and software for the lab. An additional NOK 10 million will be dedicated to building an IoT innovation network which will provide an importance source of data for the lab's research work.

More information about the Telenor-NTNU AI-Lab: https://www.ntnu.edu/ailab   Click here for pictures of the new lab and logo.

Media contacts: Hanne Knudsen, Telenor Group (hanne.knudsen@telenor.com, +4790804015) Stein Mortensholm, NTNU (stein.mortensholm@ntnu.no, +4799009600) Morten Dalsmo, SINTEF (morten.dalsmo@sintef.no, +47 952 91 417

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Adecoagro Hits Record EBITDA Amid Rain Challenges

Updated Category News Views 149

Adecoagro Breaks Records Despite Hurdles Picture this: Adecoagro's financials rolling in like a freight train, with nine-month adjusted EBITDA hitting an unprecedented $471.8 million. But hold on, it wasn't all smooth sailing. That kind of growth often comes with its own set of challenges, and this round wasn't any different for the South American agricultural...

Continue Reading
Nikon Lenswear: Celebrates 80 Years of Vision Innovations

Updated Category News Views 38

From a Single Lens to a Vision Empire Not many realize how far the optical world has come since 1946. That was the year when Nikon kicked off its journey with the Pointal Lens, a humble spectacle lens hoping to do one thing—help folks see better. Fast forward 80 years, and Nikon Lenswear ain't just about seeing clearly. It's about seeing the world through a lens...

Continue Reading
Curve Dental Pushes Dental Tech with New Marketing Head

Updated Category News Views 41

Curve Dental's Bold Move in Dental Technology Nat Harrison stepping up as Senior VP of Marketing at Curve Dental seems like a big swing for a firm already in the thick of reshaping dental practice management. Curve Dental's advancing platform boasts AI-powered, cloud-native capabilities that aim to streamline operations for dental teams stretched thin by daily demands....

Continue Reading
Allegiant, Bank of America Extend Credit Card Deal

Updated Category News Views 68

Allegiant and Bank of America: A Decade of Partnership Picture Allegiant Travel Company (NASDAQ: ALGT) and Bank of America (NYSE: BAC) shaking hands over a table that's seen ten years of successful collaboration. They're not just renewing vows; they're doubling down, announcing a long-term extension of their co-branded credit card partnership. In a world where loyalty...

Continue Reading
Tyson & Mendes Expands into Carolinas with Strategy

Updated Category News Views 109

Tyson & Mendes: A Strategic Move into the Carolinas The legal arena's always a battleground, and Tyson & Mendes just pulled off a strategic maneuver by expanding into North and South Carolina. This ain't just another firm opening more doors; it's a calculated move to fortify their defense against those monstrous Nuclear Verdicts®. You know the ones—those court...

Continue Reading
Voyageurs Park Honors Dark Skies with 2026 Recognition

Updated Category News Views 82

Voyageurs' Skyward Triumph: A Stellar Win for Conservation Ah, the night sky. That vast, galaxy-speckled canvas we too often ignore, drowned out by urban light pollution. But hey, not in Voyageurs National Park, no sir. This gem's just snagged the 2026 International Dark Sky Place of the Year Award, handed out by those watchful folks at DarkSky International. It's a...

Continue Reading
Greenland Energy's Bold Move: A Stake in East Greenland

Updated Category News Views 0

A Familiar Energy Terrain Shifts When Greenland Energy Company (NASDAQ:GLND) threw down the gauntlet by announcing their maneuver to scoop up 80 Mile plc, it wasn't just another day in the boardroom. It's a classic case of one strong entity eyeing consolidation to drill deeper, not just in the wells, but into the market psyche. The proposed all-share acquisition paves the...

Continue Reading
Laekna: LAE124 Poised for Obesity Week Spotlight

Updated Category News Views 20

LAE124 Could Shake Up Obesity Treatment Norms Just roll the dice on innovation sometimes, because that's when you get a spark. Laekna, a name you’ve heard in biotech circles, is gearing up to showcase LAE124 at Obesity Week 2026. This ain't just another weight-loss compound tossed into the market. We're talking about a new small-molecule dual Amylin/Calcitonin receptor...

Continue Reading
Stegra and Meta Forge Alliance for Green Steel EAC

Updated Category News Views 89

Meta Bets on Green Steel's Future Out of left field, we've got Meta cozying up to Stegra in a pretty big way. They just inked a deal for environmental attribute certificates (EACs) that could shake up the steel industry. These two players are coming together to embrace something that's still piping hot and fresh off the press: sustainable steel. Stegra, still in its...

Continue Reading
West Virginia's Small Biz Insurance: Risks and Rewards

Updated Category News Views 72

Insurance: More Than a Safety Net Rolling through Bluefield, West Virginia, you spot these humble small businesses propping up the local spirit—more than just storefronts, they’re the town's heartbeat. But, like any heartbeat, it’s vulnerable to a bunch of risks. That's where insurance steps in, like a cloak of safety keeping the vitals secure. Now, it’s not just...

Continue Reading

Top 5 Most Recently Viewed Articles

Outset Medical Successfully Resolves FDA Warning Letter Issues

Updated Category News Views 126

Outset Medical Resolves Important Regulatory Issues Outset Medical, Inc. (NASDAQ: OM), a leading innovator in medical technologies for dialysis, recently announced significant progress in addressing the issues outlined in a Warning Letter from the Food and Drug Administration (FDA). This notification reflects Outset's commitment to high standards and continuous...

Continue Reading
Insightful Update on Man Group PLC's Disclosure Position

Updated Category News Views 199

Man Group PLC's Public Opening Position Disclosure FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE UNDER RULE 8.3 OF THE TAKEOVER CODE Key Information 1. Key Details (a) Full name of discloser: Man Group PLC (b) Owner or controller of interests and short positions disclosed, if

Continue Reading
Seneca Foods Corp (B) Achieves Significant Stock Milestone

Updated Category News Views 176

Seneca Foods Corp (B) Reaches New Stock Heights Seneca Foods Corp (B) has recently achieved a remarkable milestone, peaking at an all-time high of $80.97. This significant achievement marks a notable chapter in the company's journey, emphasizing a period of impressive growth. Over the past year, Seneca's stock value has surged by an impressive 52.65%, showcasing not just...

Continue Reading
Elevate Your Home Security This Winter with Smart Technology

Updated Category News Views 136

Embracing Smart Technology for Winter Home Protection Local HVAC, Plumbing, and Electrical Experts Recommend Smart Leak Detectors, Thermostats, and Security Systems for Comprehensive Home Protection As winter approaches, homeowners must prepare for the challenges that come with the season. Vander Hyde Services, a trusted name in home services, emphasizes the importance of...

Continue Reading
Revolutionizing Weddings: The Path to Inclusivity and Diversity

Updated Category News Views 248

Revolutionizing Weddings with the Inclusive Wedding Summit The Inclusive Wedding Summit is set to reshape the landscape of wedding planning and marketing by focusing on inclusivity and diversity. This trailblazing event will bring together wedding professionals, industry experts, and marketing specialists seeking to embrace these important themes on January 22, 2025. As...

Continue Reading