Artificial Intelligence
American, Chinese Execs and Scholars Discuss Digital Innovation at CEIBS US Forum
Reading Time: 7 minutes
About 80 high-level Chinese business executives and entrepreneurs joined scholars from the US and China in Boston on May 15 for a discussion on how both sides can work together to break new ground in today’s digital economy. They gathered for a half-day event co-hosted by China Europe International Business School (CEIBS) and Z-Park Innovation Center.
“The enthusiasm and openness with which participants shared their views during today’s event is an indicator of how important it is for us to keep engaging with each other. There is still a very strong interest in doing business with, and in, each other’s markets. This is why we were able to bring with us a team of high-level Chinese business executives who are eager to engage with the local business community in Boston,” CEIBS Assistant President Dr. Snow Zhou said on the sidelines of the forum. “We hosted today’s event to provide a platform for knowledge exchange on both sides, which we hope will be useful as we move forward.”
In addition to the forum, which included opportunities to network and explore potential opportunities for future collaboration, the Chinese business executives and entrepreneurs — all CEIBS alumni and/or students — will also benefit from visits to local companies. Over the next few days they will be hosted by their peers from a range of industries, including some related to the forum’s theme. “The digital economy is becoming increasingly important and it is imperative that we — as business executives — find a way to work together for mutual benefit,” said Allen Tang, an executive at JD Finance, the finance unit of China’s second biggest e-commerce player JD.com Inc. “The US market is an important one for us and I am pleased to be a part of the activities CEIBS has planned in Boston.”
This foray into Boston is also a signal of the importance with which CEIBS itself views the US market, which is a vital part of the school’s internationalization strategy. This is the third time CEIBS is hosting a forum in the US, but this event has the added significance of being a part of the school’s 25th Anniversary Celebration.
The forum included welcome addresses by CEIBS President (European) Professor Dipak Jain and CEO of ZGC Boston Innovation Management LLC, Mr. Ming Qiao. There were also keynote speeches by MIT Professor of Physics Max Tegmark and Northwestern University’s Director of CS Plus X Initiative, Prof. Kristian J. Hammond. An impressive list of names from the US and China participated in two panel discussions throughout the day that respectively looked at the topics of ‘Creating a New Space in the e-Commerce Market’ and ‘Reshaping the Future of Finance Through Innovation’.
In welcoming the audience of about 200, Prof. Jain spoke about the evolution of global business, and how management education has changed as a result. “The new ‘diet’ of the global economy consists of digital, innovation, entrepreneurship and technology,” he said. He also shared how CEIBS is evolving as well. Building on its growing reputation as Asia’s leading business school, CEIBS has now turned its attention to enhancing its international visibility, building a strong brand presence in the US, and strengthening its European and African initiatives. All of this is being done while retaining CEIBS’ competitive advantage, its focus on China knowledge. The Boston forum accomplishes two out of three of those goals.
In his welcome speech, Mr. Qiao told the audience that it was an honour for Z-Park Innovation Center — the Zhongguangcun Development Group’s second largest innovation centre outside of China — to co-host the forum with CEIBS. “We are committed to building a bridge for innovation and exchange between China and the US. We hope that, through this event, we can enhance communication and provide better resources for entrepreneurs from both countries,” he added.
In the day’s first keynote speech, Prof. Tegmark shared his views on the timely topic of “Getting empowered, not overpowered by artificial intelligence”. There is an opportunity, he said, for us all to take a collective journey into the future with artificial intelligence (AI), an area that has already seen significant growth and progress that has changed our lives and will be the source of many more life-altering changes ahead. The question, he told the audience, was how far we would go on this journey. Will we ever have machines that can match human intelligence at all tasks? “This is the definition of Artificial General Intelligence, AGI, which has been the holy grail of AI research since it’s inception,” he explained. If AGI were achieved he noted, AI (not humans) would drive further AI development. “This would mean that future AI improvement could be much faster than the typical human R&D cycle of years, and raises the controversial possibility of an intelligence explosion, where recursively self-improving AI rapidly leaves human intelligence far behind, creating what’s known as superintelligence,” he said. He told the audience that while there are conflicting views on how close we are to this scenario, most researchers think it will be “within decades”. Humans need to be ambitious enough to envision and steer towards “a truly inspiring high-tech future” instead of complacently building machines without any thought to the consequences of making humans obsolete. This, he said, will require a change in the old strategy of learning from mistakes to one where we get it right the first time.
The entire world, said Prof. Tegmark has the responsibility for this mammoth task, with all of humanity sharing equally in the benefits and risks of having our lives changed by AI. “No country can address such unconventional and large-scale challenges alone,” he said. China, he added, is uniquely positioned to take a leading role in steering AI because the country is a “world-leading science and technology power and can therefore help lead research not only on how to make AI powerful, but also on how to make it robust and trustworthy.” He also pointed to China’s growing international influence, “together with its ability to inspire, and power to shape the global AI agenda.” He added, “China has both one of the oldest surviving civilizations and a successful tradition of long-term planning. It can therefore play a leading role in developing global AI governance.” He also spoke of global efforts and initiatives under way to ban or avoid an arms race in lethal autonomous weapons by using science to find new ways to help rather than harm; to use AI to figure out a way to make everyone better off from AI-generated wealth; and invest in AI safety research. These three parts make up the roadmap on how to win what he calls the “wisdom race” in order to create a high-tech future. And a large part of this involves building AI that empowers — not overpowers — us.
The day’s first panel discussion then focused on issues such as what would likely be the next big thing for US tech giants and Chinese e-commerce companies’ next foray. Panellists included Mr. Aravind Cherukuri, Vice President of Ocean Spray International Inc; Mr. James Lin, CEO of UNIS; Mr. Jie Tang, General Manager of Suning.com USA; Mr. Rob Weisberg, CEO of Invaluable; and Mr. Anders Zhang, Co-founder & CEO of Starluxe.
The stage was set by Xiande Zhao, CEIBS Professor of Operations and Supply Chain Management, who is also JD.COM Chair in Operations and Supply Chain Management, and Director of CEIBS-GLP Centre of Innovations in Supply Chains and Services. His presentation looked at trends, opportunities and challenges within China’s e-commerce and new retail landscapes. Drawing on his extensive expertise and the latest data, Prof. Zhao pointed out that the percentage of e-commerce in total retail sales in China is increasing faster than in the U.S. with the gap between the two countries widening between 2013, when it was 8.1%, and 2017 when it was 23.6%. Meanwhile, China’s cross-border e-commerce (CBEC) is growing even faster. “The demand for buying foreign goods has increased at a 34% CAGR in the past five years, and will increase 4 times by 2022,” he said, adding “the percentage of CBEC in e-commerce will double by 2022.” He also provided insights into how Chinese consumers’ preferences have changed and the new challenges that have emerged for the supply chain as a result. Chinese consumers, said Prof. Zhao, are now focused on quality and the experience a product can provide, they have a growing demand for customised/personalised products, are prepared to spend more for convenience and efficiency and willing to buy products that contribute to health and wellness. Supply chains will therefore need to be able to sense customer demand, and let it drive the entire chain. They will need to be digital, providing end-to-end data integration with digital technology, and optimize supply chain decisions based on big data. They will also need to be agile, with enough flexibility at various stages of the process to respond quickly and accurately to customer demands.
During the discussion that followed, Prof. Zhao and panellists explored the major challenges and opportunities of doing e-commerce in their respective industries, how they use digital technology and big data to support their businesses, the role of supply chain integration and innovation, as well as how they use big data to analyse consumer behaviour and design, produce and deliver products and services to improve consumer experiences and create more value for them.
In the day’s second keynote speech, Northwestern University’s Prof. Kristian J. Hammond shared his views on Leading the New Future of Digital Economy. Sharing his long-standing fascination with “the promise of machine intelligence”, he spoke of the importance of studying intelligence and the even greater pleasure he gets from building intelligence. Humans are smart because of their ability to learn from the past, Prof. Hammond noted, then using that information to shape the present and predict the future. “This link to learning holds for machine intelligence as well. Nearly all of the work in AI we see today is based on successes in machine learning,” he said. The advances we have made have opened up a mountain of opportunities, he noted, and the key to leveraging these is starting with a task. “Once you have the task, you have to understand it and link it to the data that drives it,” he said. He told the audience that new AI technologies are driven by data and analytics, with machine learning at the forefront of most of them. He stressed, though, that problems are not solved with machine learning but with the knowledge and rules that it brings. “With intelligence, the machine becomes our partner,” he said.
This was followed by the second panel discussion, which looked at fintech from the perspective of how US firms have — or have not — breathed new life into traditional financial products, how their Chinese counterparts have tried to use technology to reshape the financial industry and what the future holds for the sector in both countries. Panellists included Mr. David Fragale, Chief Operating Officer of Arwen; Mr. Eo Hao, Founder of Future Money; Mr. Jack Klinck, Managing Partner for Hyperplane Venture Capital; and Mr. Leo Zhao, Co-founder & Chairman of Mintech. Their discussion was moderated by Prof. Yan Gong, Programme Director of CEIBS Entrepreneurial Leadership Camp who is also Programme Co-Director of CEIBS Venture Capital Camp, and Professor of Entrepreneurial Management Practice. Unlike the earlier sessions and speakers, this final part of the event focused largely on blockchain and other digital currency. The discussion revolved around issues including how to evaluate crypto-currencies’ impact on the society from a broader historical perspective; predictions on which players may grow to become the future Amazon, Microsoft, or China’s BAT in the field of blockchain; and how the strengths of traditional financial talent can be leveraged to benefit the fintech industry.
The forum ended with a closing address by CEIBS Vice President and Co-Dean Prof. Zhang Weijiong who gave a brief recap of event highlights and then thanked all those who made the event possible, especially Z-Park Innovation Center, led by Ming Qiao. He also thanked the CEIBS alumni and students, including many who flew in from China to attend the forum as well as those based in the US. He also made the point that the US Forum is the first of five major events being organised around the world by CEIBS as part of the school’s 25th anniversary celebration. It comes two days before a forum in Zurich where thought leaders from Europe and China will share their views on the evolution of innovation in both regions. The next two forums will be in Munich on July 1 and Brussels on July 12. These are just some of the activities planned to mark the CEIBS 25th Anniversary Celebration in Asia, Europe, Africa, and North America, before culminating in a closing ceremony at CEIBS’ flagship Shanghai campus in November. The activities will span 11 cities across four continents. The theme of the eight-month-long celebration is China Essence, Global Significance. For more details about CEIBS 25th Anniversary Celebration visit http://www.ceibs.edu/special/25/en/index.html
SOURCE China Europe International Business School (CEIBS)
Artificial Intelligence
IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry
Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant
BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.
“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada
In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging.
The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future.
“IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.”
IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont.
“Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.”
Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance.
“Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.” — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Media ContactLorraine BaldwinIBM [email protected]
Willa HahnIBM [email protected]
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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Artificial Intelligence
$10 million Artificial Intelligence Mathematical Olympiad Prize appoints further advisory committee members
D. Sculley, Kevin Buzzard, Leo de Moura, Lester Mackey and Peter J. Liu appointed to the advisory committee for the Artificial Intelligence Mathematical Olympiad Prize.
LONDON, April 26, 2024 /PRNewswire/ — XTX Markets’ newly created Artificial Intelligence Mathematical Olympiad Prize (‘AIMO Prize’) is a $10mn challenge fund designed to spur the creation of a publicly shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO).
XTX Markets is delighted to announce the appointment of five further advisory committee members. This group brings great expertise in machine learning, including D. Sculley, the CEO of Kaggle; Lester Mackey, a Principal Researcher at Microsoft Research and a Macarthur Fellow; and Peter J. Liu, a research scientist at Google DeepMind.
Prolific mathematicians Kevin Buzzard, who achieved a perfect score in the International Mathematical Olympiad, and Leo De Moura who is the Chief Architect for Lean, the automated reasoning tool, also join the advisory group.
They join the existing advisory committee members Terence Tao and Timothy Gowers, both winners of the Fields Medal, as well as Dan Roberts, Geoff Smith and Po-Shen Loh.
The AIMO Advisory Committee will support the development of the AIMO Prize, including advising on appropriate protocols and technical aspects, and designing the various competitions and prizes.
Simon Coyle, Head of Philanthropy at XTX Markets, commented:
“We are thrilled to complete the AIMO Advisory Committee with the appointments of D., Kevin, Leo, Lester and Peter. Together, they have enormous experience in machine learning and automated reasoning and are already bringing expertise and wisdom to the AIMO Prize. We look forward to announcing the winners of the AIMO’s first Progress Prize soon, and then publicly sharing the AI models to support the open and collaborative development of AI.”
Further information on the AIMO Prize
There will be a grand prize of $5mn for the first publicly shared AI model to enter an AIMO approved competition and perform at a standard equivalent to a gold medal in the IMO. There will also be a series of progress prizes, totalling up to $5mn, for publicly shared AI models that achieve key milestones towards the grand prize.
The first AIMO approved competition opened to participants in April 2024 on the Kaggle competition platform. The first progress prize focuses on problems pitched at junior and high-school level maths competitions. There is a total prize pot of $1.048m for the first progress prize, of which at least $254k will be awarded in July 2024, There will be a presentation of progress held in Bath, England in July 2024, as part of the 65th IMO.
For more information on the AIMO Prize visit: https://aimoprize.com/ or the competition page on Kaggle: https://www.kaggle.com/competitions/ai-mathematical-olympiad-prize/
Advisory Committee member profiles:
D. Sculley
D. is the CEO at Kaggle. Prior to joining Kaggle, he was a director at Google Brain, leading research teams working on robust, responsible, reliable and efficient ML and AI. In his career in ML, he has worked on nearly every aspect of machine learning, and has led both product and research teams including those on some of the most challenging business problems. Some of his well-known work involves ML technical debt, ML education, ML robustness, production-critical ML, and ML for scientific applications such as protein design.
Kevin Buzzard
Kevin a professor of pure mathematics at Imperial College London, specialising in algebraic number theory. As well as his research and teaching, he has a wide range of interests, including being Deputy Head of Pure Mathematics, Co-Director of a CDT and the department’s outreach champion. He is currently focusing on formal proof verification, including being an active participant in the Lean community. From October 2024, he will be leading a project to formalise a 21st century proof of Fermat’s Last Theorem. Before joining Imperial, some 20 years ago, he was a Junior Research Fellow at the University of Cambridge, where he had previously been named ‘Senior Wrangler’ (the highest scoring undergraduate mathematician). He was also a participant in the International Mathematical Olympiad, winning gold with a perfect score in 1987. He has been a visitor at the IAS in Princeton, a visiting lecturer at Harvard, has won several prizes both for research and teaching, and has given lectures all over the world.
Leo de Moura
Leo is a Senior Principal Applied Scientist in the Automated Reasoning Group at AWS. In his spare time, he dedicates himself to serving as the Chief Architect of the Lean FRO, a non-profit organization that he proudly co-founded alongside Sebastian Ullrich. He is also honoured to hold a position on the Board of Directors at the Lean FRO, where he actively contributes to its growth and development. Before joining AWS in 2023, he was a Senior Principal Researcher in the RiSE group at Microsoft Research, where he worked for 17 years starting in 2006. Prior to that, he worked as a Computer Scientist at SRI International. His research areas are automated reasoning, theorem proving, decision procedures, SAT and SMT. He is the main architect of several automated reasoning tools: Lean, Z3, Yices 1.0 and SAL. Leo’s work in automated reasoning has been acknowledged with a series of prestigious awards, including the CAV, Haifa, and Herbrand awards, as well as the Programming Languages Software Award by the ACM. Leo’s work has also been reported in the New York Times and many popular science magazines such as Wired, Quanta, and Nature News.
Lester Mackey
Lester Mackey is a Principal Researcher at Microsoft Research, where he develops machine learning methods, models, and theory for large-scale learning tasks driven by applications from climate forecasting, healthcare, and the social good. Lester moved to Microsoft from Stanford University, where he was an assistant professor of Statistics and, by courtesy, of Computer Science. He earned his PhD in Computer Science and MA in Statistics from UC Berkeley and his BSE in Computer Science from Princeton University. He co-organized the second place team in the Netflix Prize competition for collaborative filtering; won the Prize4Life ALS disease progression prediction challenge; won prizes for temperature and precipitation forecasting in the yearlong real-time Subseasonal Climate Forecast Rodeo; and received best paper, outstanding paper, and best student paper awards from the ACM Conference on Programming Language Design and Implementation, the Conference on Neural Information Processing Systems, and the International Conference on Machine Learning. He is a 2023 MacArthur Fellow, a Fellow of the Institute of Mathematical Statistics, an elected member of the COPSS Leadership Academy, and the recipient of the 2023 Ethel Newbold Prize.
Peter J. Liu
Peter J. Liu is a Research Scientist at Google DeepMind in the San Francisco Bay area, doing machine learning research with a specialisation in language models since 2015 starting in the Google Brain team. He has published and served as area chair in top machine learning and NLP conferences such as ICLR, ICML, NEURIPS, ACL and EMNLP. He also has extensive production experience, including launching the first deep learning model for Gmail Anti-Spam, and using neural network models to detect financial fraud for top banks. He has degrees in Mathematics and Computer Science from the University of Toronto.
About XTX Markets:
XTX Markets is a leading financial technology firm which partners with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. XTX has over 200 employees based in London, Paris, New York, Mumbai, Yerevan and Singapore. XTX is consistently a top 5 liquidity provider globally in FX (Euromoney 2018-present) and is also the largest European equities (systematic internaliser) liquidity provider (Rosenblatt FY: 2020-2023).
The company’s corporate philanthropy focuses on STEM education and maximum impact giving (alongside an employee matching programme). Since 2017, XTX has donated over £100mn to charities and good causes, establishing it as a major donor in the UK and globally.
In a changing world XTX Markets is at the forefront of making financial markets fairer and more efficient for all.
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