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Knowledge and Technology Transfer Centre Knowledge and Technology Transfer Centre News Latest AI Technologies: VILNIUS TECH Expands Knowledge and Collaboration at Ai4 Event in Las Vegas
Latest AI Technologies: VILNIUS TECH Expands Knowledge and Collaboration at Ai4 Event in Las Vegas
2024-09-02

Latest AI Technologies: VILNIUS TECH Expands Knowledge and Collaboration at Ai4 Event in Las Vegas

From August 12–14, the international Ai4 conference took place in Las Vegas, USA, showcasing the latest AI technologies and solutions. This event attracted a wide range of participants, from business giants to higher education institutions and tech innovators. Among them were representatives from VILNIUS TECH, who actively participated to deepen their understanding of the latest AI trends and establish new connections for future collaboration.
 
Ai4 Conference Goals and Innovations
The Ai4 event is known as a hub of innovation where leaders share their experiences in applying AI solutions across various sectors, from healthcare to fintech. Participants had the opportunity to hear presentations on the latest AI research and technologies with the potential to not only accelerate technological progress but also transform different industries.
One of the most visible AI development trends continues to be large language models (LLMs) and their specific applications in contexts like Retrieval Augmented Generation (RAG). A significant portion of companies developing AI solutions are actively shifting towards systems based on these technologies, which enable users to more easily apply AI. As a result, there is a growing number of companies offering services such as data labeling, data quality improvement, and Human-in-the-Loop (HITL) feedback. Additionally, services related to cloud computing and high-performance computing (HPC) resources are expanding, which are essential for effectively leveraging large language models and big data capabilities. The increasing computing power available through cloud services facilitates easier access. Meanwhile, scientific research efforts focus on optimizing existing AI solutions to ensure resource-efficient usage, which not only reduces the costs of AI model development but also contributes to more sustainable AI solutions.
 
Collaboration for Future Solutions
The event emphasized networking among participants. VILNIUS TECH representatives seized this opportunity to establish connections with other higher education institutions and companies actively engaged in AI solution development and application.
These connections are planned to be actively utilized in the ongoing SustAInLivWork project, which aims to create a new AI competency center and offer various AI services to ensure the sustainable and reliable development and implementation of smart services and solutions.
Collaboration also extended to improving studies. Representatives from various U.S. and European universities expressed their commitment to offering VILNIUS TECH students internationally collaborative lectures (Collaborative Online International Learning, COIL), and companies pledged to provide students with access to various cloud computing and AI services, as well as guidance on their coursework and final projects.
 
An AI-Powered Future
The event inspired new ideas and solutions that can help VILNIUS TECH maintain its position as one of Lithuania’s leading universities in the field of AI. It was an excellent opportunity to deepen knowledge, expand networks, and prepare for future challenges by developing innovative AI solutions, integrating AI into the university’s daily activities, and enhancing students' experiences and readiness for the job market.
We encourage everyone to actively explore AI possibilities and solutions that can enrich personal experiences and open new professional opportunities!
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