SAS to invest one billion USD in artificial intelligence

Software analytics house SAS will invest one billion USD in artificial intelligence over the course of the next three years including software research and development, education, and services.

The investment in AI will focus in three areas: research and development, building on its current investments in analytics, machine learning, deep learning, natural language processing (NLP) and computer vision; education initiatives in understanding how this segment can benefit from AI; and services to optimize return on AI projects.

In terms of research and development, SAS said it will embed AI capabilities into its SAS platform and solutions for data management, customer intelligence, fraud and security intelligence and risk management. Additionally, this will focus on industries for financial services, government, healthcare, manufacturing and retail.

SAS is partnering with Accenture, Cisco, Deloitte, Intel and Nvidia to bring the latest AI and machine learning to customers’ hardware and cloud environments.