Zapata AI and Mila Partner to Elevate Generative Modeling Research for Industrial Use Cases

Partnership Aims to Push Generative AI Research Forward to Help Enterprises Solve their Most Computationally Complex Problems with Quantum and Classical Algorithms.

BOSTON, October 05, 2023--(BUSINESS WIRE)--Zapata AI, the Industrial Generative AI company, today announced its partnership with Mila – Quebec AI Institute, the world’s largest academic deep learning research center. This collaboration will contribute to the development of advancements in various areas of machine learning and quantum algorithms and bolster the value that can come from these innovative technologies.

"We’re thrilled to partner with an institute with such a longstanding reputation for innovation in the field," said Yudong Cao, CTO and co-founder at Zapata AI. "Quantum algorithms running on classical computers can deliver tangible value for generative AI applications today, particularly those that are time consuming and expensive to run. We’re looking forward to working with Mila researchers to refine these algorithms and help our enterprise customers run their generative AI models faster, cheaper, and at a wider scale — both for language-based applications and those involving numerical or time-series data."

Together, Zapata AI and Professor Guillaume Rabusseau, Assistant Professor at Université de Montréal and Canada CIFAR AI Chair, alongside other members of the Mila community, will vastly broaden their resources and deep research capabilities that support the development of generative AI applications for industries such as life sciences, financial services, discrete manufacturing, and heavy machinery. With these combined efforts, the teams are aiming to discover new potential AI applications and mathematical formulations that could help enterprises solve complex business problems.

"This partnership with Zapata AI allows some of our researchers to combine emerging quantum and quantum-inspired techniques with state-of-the-art classical methods," said Stéphane Létourneau, Executive Vice-President of Mila. "With our overlapping interests in core areas including health, environment and climate change, and AI ethics, our collaboration was a natural fit."

In the coming weeks, Zapata AI and Mila will publish the first research paper born from their collaboration, which builds on Zapata AI’s previous research on quantum-inspired generative models. The research enables these models to learn from data on continuous variables, which include images, time-series data, and real-world sensor data. These variables are common in industrial problems and this research could be applied to generate new and improved solutions to these problems.

About Mila:

Founded by Professor Yoshua Bengio of the University of Montreal, Mila is an artificial intelligence research institute that brings together over 1,200 researchers specializing in machine learning. Based in Montreal, Mila’s mission is to be a global hub for scientific advances that inspire innovation and development of AI for the benefit of all. Mila is a non-profit organization recognized worldwide for its significant contributions to the field of deep learning, particularly in language modeling, machine translation, object recognition, and generative models. For more information, visit mila.quebec.

About Zapata AI:

Zapata AI is the Industrial Generative AI company, revolutionizing how enterprises solve their hardest problems with its powerful suite of Generative AI software. By combining numerical and text-based solutions, Zapata AI empowers enterprises to leverage large language models and numerical generative models better, faster, and more efficiently—delivering solutions to drive growth, savings and unprecedented insight. With proprietary science and engineering techniques and the Orquestra^® platform, Zapata AI is accelerating Generative AI’s impact in Industry. The Company was founded in 2017 and is headquartered in Boston, Massachusetts. On September 6, 2023, Zapata AI entered into a definitive business combination agreement with Andretti Acquisition Corp. (NYSE: WNNR), the consummation of which, subject to customary closing conditions, will result in Zapata AI becoming a publicly listed company on the New York Stock Exchange. To learn more, visit: https://www.zapata.ai

Forward-Looking Statements

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If any of these risks materialize or if assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Andretti Acquisition Corp. or Zapata AI presently do not know or that Andretti Acquisition Corp. or Zapata currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements provide Andretti Acquisition Corp.’s or Zapata AI’s expectations, plans, or forecasts of future events and views as of the date of this communication. Andretti Acquisition Corp. or Zapata AI anticipate that subsequent events and developments will cause their assessments to change. However, while Andretti Acquisition Corp. or Zapata AI may elect to update these forward-looking statements at some point in the future, Andretti Acquisition Corp. or Zapata AI specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Andretti Acquisition Corp.’s or Zapata AI’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

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