Xayn unlocks next genAI for organizations, making it safe, efficient and sustainable to use AI at scale
Berlin-based startup receives German federal funding for its own AI research activities
Federal research grant strengthens Germany as a location for innovation
BERLIN, 18 January 2024 – Berlin-based AI startup Xayn receives German federal research grant for its work on energy-efficient and privacy-protecting next genAI for organizations. The federal research grant is based on the German Act on Tax Incentives for Research and Development, which since 2020 has allowed research expenditure by companies subject to taxation in Germany to deduct research expenses from their taxes, subject to prior review. This support is intended to strengthen Germany as an investment location and create incentives for more research activities.
"Research and development are fundamental to Xayn. We founded Xayn in 2017 out of a research project at Oxford University and Imperial College London — long before AI dominated the headlines," explains Dr. Leif-Nissen Lundbæk (CEO & Co-Founder of Xayn). " To this day, this research spirit is crucial for us, and about 35% of our team is made up of incredibly bright people with PhDs in different disciplines. Therefore, the federal research grant is a validation of our work.”
Xayn has received the official seal of the Research Grant Certification Office as proof of its in-house research and development performance.
Xayn unlocks secure, sovereign, and sustainable AI for organizations to use at scale
Berlin-based AI startup Xayn is pioneering next genAI for enterprises and institutions. The European startup builds secure, sovereign, and sustainable AI systems that leverage the power of language models at scale, enabling organizations to use AI efficiently, safely, and sustainably. Xayn’s technology is based on the latest AI research and unlocks the best of both worlds of Tiny and Large Language Models with its Retrieval Augmented Generative System.
This allows organizations with highly sensitive data (e.g., government agencies, law firms, financial firms) to deploy (generative) AI on a large scale. Xayn develops its AI systems based on the European values of transparency, sustainability, and data protection as open-source technology.
The Berlin-based AI company also sees its approach as part of a pan-European, future-oriented development towards more technological sovereignty. The development and use of its own energy-efficient and privacy-protecting AI, which meets European transparency and sustainability standards, stands not only for the future orientation of its own company but also for the future viability of Germany as a technology location.
More information about the research grant: https://www.bescheinigung-forschungszulage.de/
