Company announces $25 million, five-year collaboration.

MIT and Liberty Mutual Insurance today announced a $25 million, five-year collaboration to support artificial intelligence research in computer vision, computer language understanding, data privacy and security, and risk-aware decision making, among other topics. 

The new collaboration launched today at a meeting between leadership from both institutions, including Liberty Mutual Chairman and CEO David Long and MIT President Rafael L. Reif. The collaboration will span MIT’s five schools and be led by MIT’s Stephen A. Schwarzman College of Computing through the Quest for Intelligence, MIT’s research initiative focusing on the science and engineering of intelligence. 

“With the Quest, MIT is working to accelerate progress on techniques and technologies that can help countless industries seize the transformative opportunities of AI. Our collaboration with Liberty Mutual will advance research in an interdisciplinary, problem-focused way that will feel very familiar to our community," says Reif.

“AI tools and technologies are reshaping industry, and insurance is no exception,” says Antonio Torralba, director of the Quest for Intelligence and a professor of computer science and electrical engineering. “We look forward to working with Liberty Mutual to develop methods to make AI systems fair, secure, transparent, and more risk-aware...”

Read the full article on the MIT News website using the link below.