Technopark Zurich launches the AI Startup Center

Zurich – Technopark Zurich has officially opened its AI Startup Center. It aims to bring together start-ups and established companies in the field of artificial intelligence (AI). It builds on an already dense network of AI players in and around Zurich.

(CONNECT) Switzerland is already an important location for artificial intelligence. The AI Startup Center, which officially opened at Technopark Zurich on February 5, will now also provide a place where selected startups and established companies as well as investors can come together under one roof. "If Switzerland is an AI nation, then Zurich is its capital," said Christian Hugo Hoffmann, Director of the AI Startup Center, at the opening event.

Yuon Control from Burgdorf BE is the first start-up to move into the new AI Startup Center. It offers operators of district heating networks an AI-supported tool to break the load peaks in the heat supply and thus increase the capacity of their networks by a quarter. Seven smaller district heating networks are already using it and, according to CEO Sebastian Hersberger, iwb in Basel and Energie 360° are now also preparing to use it.

Octotronic is building a holistic data platform that enables industrial companies to intuitively build AI-powered tools for their operations. According to COO Christian Reich, companies such as ABB and BMW are already using the solution. "With our solution, even non-AI specialists can train their machines."

Irmos Technologies, a spin-off of the Swiss Federal Institute of Technology in Zurich (ETH), is making bridge maintenance more efficient. Their intelligent algorithms analyze the data with low-cost sensors, making it easier to monitor the condition of the building. More than ten customers are already using the application, says Samuel Ward. "We are now open for the first round of financing."

The AI Startup Center relies on collaboration with partners such as the ETH AI Center. "Zurich is one of the densest AI ecosystems in the world," said its head Daniel Naeff.

George Khneysser sees a great opportunity for the Zurich AI ecosystem. "We are witnessing the birth of an extraordinary transformation," says the General Partner of QBIT Capital. Switzerland offers a strong foundation for the development of start-ups in the field of AI. Accordingly, his company has so far invested exclusively in Swiss start-ups. The capital, in turn, comes from all over the world. Like MAN Energy Solutions and Siemens, but also Wenger Vieli and SCS, QBIT is a member of the AI Startup Center. ce/stk

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