February 16, 2018: Aircraft manufacturer Boeing announced its investment in Mountain View, Calif-based Singularity University (SU), an immersive and digital educational program provider, business accelerator, and global online community furthering the application of exponential technologies, including artificial intelligence, augmented and virtual reality, nanotech fabrication and robotics.

Boeing and SU will explore opportunities to work together, which could include customised educational programmes for Boeing employees and the addition of Boeing technical experts to SU's faculty. The investment represents Boeing's commitment to furthering its digital transformation in its second century.

"Curiosity and innovation are at the core of who we are and what we do at Boeing. SU shares our commitment to continuous learning that empowers people to solve complex, global challenges; and their work with transformative technologies represent potential game changers in the way we develop as individuals and work together as teams," said Bethany Tate Cornell, vice president, Leadership, Learning and Organizational Capability.

SU builds capability in individuals and organisations to learn, connect and innovate breakthrough solutions by teaching them how to use accelerating technologies like artificial intelligence, robotics and digital biology. Its global community spans more than 100 countries and includes entrepreneurs, corporations, development organizations, governments, investors and academic institutions. SU provides education offerings led by world-renowned experts and targeted corporate training programs for emerging and established leaders.

"Boeing's commitment to continuous learning and innovation aligns with SU's mission to educate individuals and organizations globally on how to use exponential technologies to tackle humanity's grand challenges. At SU, we see that the world's biggest problems are also often the biggest business opportunities, so we are extremely excited to partner with companies like Boeing that have the capabilities to make a true difference at scale," said SU's CEO, Rob Nail.

Boeing HorizonX Ventures partnered with WestRiver Group to lead the Series B investment round. Cornell will represent Boeing on the SU board of directors.

Read Full Article