Major bank joins AI initiative in the Netherlands

The bank has joined forces with Ahold Delhaize, KLM, NS, and Philips to form Kickstart AI

Major bank joins AI initiative in the Netherlands. Source: shutterstock.com

ING announced that it has joined a task force to promote the development and acceptance of AI technology in the Netherlands.

The bank has joined forces with Ahold Delhaize, KLM, NS, and Philips to form Kickstart AI. In doing so, it hopes to bridge the AI gap between the Netherlands and countries, like the UK, US and China, that have made notable progress in this area.

The taskforce also hopes to prevent the ‘brain drain’ of highly skilled AI professionals from the Netherlands to other countries.

Other features of the initiative include ING co-funding five AI academic positions in conjunction with Dutch universities, and the taskforce promoting a national course for AI to increase the understanding and adoption of AI.

The bank’s chief analytics officer Görkem Köseoğlu said AI technology has a fundamental impact on all sectors, and as companies increase their AI investment, availability of talent and access to data become critical.

Aside from being a member of Kickstart AI, ING has also become a member of the National AI Coalition, whose objective is to realize a joint approach to AI through one, national knowledge and innovation network.

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