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30 November 2015

Artificial intelligence investment in Luxembourg

Artificial intelligence investment in Luxembourg

There can be little doubt; artificial intelligence (AI) represents the future in almost all areas of our life and investment in AI should be encouraged with a view to creating the economically and environmentally advantageous technologies of tomorrow.

In fact, artificial intelligence is already here, even though you may not think of it that way, whether in your smartphone, your laptop, your fridge or your weather forecast.

However, the huge and important gains seen in the field of AI over recent years will be dwarfed over the coming decade as ongoing research and development in the field is expected to make exponential gains in just about every area of human endeavour.

These are no empty predictions: the Boston Consulting Group estimates that over the next decade the robotics and artificial intelligence industries will expand four times faster than the rest the global economy.

In 2015 the Financial Times described artificial intelligence as "one of the hottest trends in start-up" and a company set up in Luxembourg, for the purposes of research and development into artificial intelligence, can bring many benefits; not least in terms of intellectual property rights management and tax efficiency. Indeed, these are just two of the factors that go some way towards making Luxembourg one of the most favourable jurisdictions for investment in Fintech, IT, robotics, artificial intelligence, gaming and biotech. We can also mention the dynamism of the start-up community and the possibilities to access to funding and interesting loans.

 

Creatrust, for investment in AI

Creatrust's position at the forefront of artificial intelligence company set up in Luxembourg is reflected in its membership of AAAI, the Association for the Advancement of Artificial Intelligence.

Other areas of Creatrust's specialisation include the following:

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