OxValue.AI wins AI award at Alibaba summit

Congratulations to the team at our spin-off, OxValue.AI, who have won an ‘Outstanding AI Project Implementation Award’ at the Alibaba Cloud Global Summit held in Paris this month.

The award recognises individuals who have successfully implemented an AI-based idea from concept to execution and have demonstrated exceptional innovation, dedication, and expertise in the field of artificial intelligence.

OxValue.AI is a spinout from research led by Professor Xiaolan Fu at ODID. It uses big data and artificial intelligence to evaluate the monetary value of technology or technology-rich startup companies to help support innovation and facilitate technology transfer to developing countries. OxValue.AI offers an approach that is more affordable and accurate than previous methods used; when tested on different industries such as digital, biopharma, medical devices, renewable energy, and waste management, OxValue.ai proved to have a higher than 90% accuracy rate against true transaction values.

“I am particularly delighted that the team has been awarded this recognition as we have sharply increased the pace of innovation at OxValue.AI,” Professor Fu said. Find out more about OxValue.AI.