UMNAI Wins Intellectual Property for Technological Initiative Award

UMNAI, the global leader of Neuro-Symbolic AI, today announced that the company’s technology has been selected as the winner of the Award for Technological Initiative in the 2022 Malta Intellectual Property Awards.

The Malta Intellectual Property Awards are aimed at promoting the creation of Intellectual Property in Malta to recognise innovative projects originating from the creative, scientific and technological sectors. The winners of the 13th edition of the annual "Malta Intellectual Property Awards” were announced at a ceremony organised by the Commerce Department, which is part of the Ministry for the Economy, European Funds and Lands.

The Award for Technological Initiative requires the development of new and innovative, or step-change improvements, with respect to problem solving of real commercial or societal challenges and was awarded to UMNAI for their Neuro-symbolic Artificial Intelligence Architecture, that currently has over 16 patents granted or pending.

UMNAI’s disruptive Neuro-Symbolic AI forms the foundation of their Hybrid Intelligence Framework, a system that enables the integration of human knowledge with Explainable AI in a collaborative manner. The framework empowers decision workflows that apply intentional reasoning and oversight to ensure fit-for-purpose decisions. In Hybrid Intelligence powered decision workflows, human crafted tests, measurements, and assessments intelligently interrogate each prediction to fully understand it. With awareness and understanding, decisions are programmatically aligned to meet the intentions and obligations of the AI operator.

The power to explain AI and to interrogate predictions individually and in real time creates a paradigm shift in the application of ethical principles to AI. It is now possible to identify, assess and resolve issues like bias and fairness in real time and with certainty. This makes UMNAI’s Neuro-Symbolic AI and Hybrid Intelligence Framework particularly suited to the application of AI in regulated industries such as financial services, insurance, healthcare, social services, safety-critical and other highly regulated industries.

Contact us if you have as application that could benefit from UMNAI’s technology or if you’d like to learn more about the benefits of our Hybrid Intelligence technology and Neuro-Symbolic AI.