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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