Chemical and biochemical manufacturing businesses encounter tremendous hurdles in designing and producing chemical compounds in an efficient and cost-effective manner. These difficulties include the need for enhanced optimisation, accurate predictive modelling, and novel generative AI capabilities to speed up development, increase product quality, and lower costs.
Zapata AI has joined the KT Consortium to help transform chemical engineering with #IndustrialGenerativeAI. Membership will enable Zapata to collaborate directly with the world’s foremost chemical and biochemical manufacturers.
— Zapata AI (@ZapataComputing) June 24, 2024
Learn More: https://t.co/7ibfMMkkcK$ZPTA
Zapata Computing Holdings Inc., the Industrial Generative AI company, announced today that it has joined the KT Consortium, a collaborative body that connects global industry leaders in chemical a nd biochemical manufacturing with cutting-edge technologies emerging from academia. As consortium members, Zapata AI will work with some of the world’s leading chemical and biochemical manufacturers, including Henkel, Mitsubishi Chemical, Neste, Total Energy, Syngenta, and Arkema, to accelerate chemical compound development and manufacturing at scale. KT Consortium member firms create more than USD 100 billion in yearly sales and manufacture substances that make everyday living feasible for customers throughout the world, from medications to crop protection, energy and laundry detergent.
“The KT Consortium represents some of the world’s foremost innovators in the chemical and biochemical industries and we are proud to be selected for membership,” said Christopher Savoie, CEO and co-founder of Zapata AI. “Industrial generative AI has the potential to be a transformative technology for the chemical and biochemical industries, even more so with the addition of quantum techniques. Working directly with these industry leaders will give us unparalleled insight into how these technologies can help solve their most complex challenges and deliver a competitive advantage. Joining the consortium is a testament to our technological leadership, world-class research team, and industry-leading expertise in generative AI and quantum.”
Zapata has a long history of successful cooperation with prominent chemical and biochemical producers, including BASF and BP, as well as published research on quantum algorithms for chemical discovery. Joining the KT Consortium allows Zapata AI to collaborate closely with top decision makers from the consortium’s world-renowned chemical and biochemical manufacturers, leveraging its hardware- and software-agnostic platform, quantum algorithms, and generative AI capabilities to generate significant value and efficiencies for the industry.
“Zapata AI has long been a reliable research partner with a strong track record of applying the latest innovations in AI and quantum to complex industrial challenges,” said Seyed Soheil Mansouri, Associate Professor at the Technical University of Denmark (DTU) Department of Chemical and Biochemical Engineering. The consortium is associated with the department, which Zapata AI has been partnered with since 2023 to apply quantum-enhanced generative AI to pharmaceutical manufacturing. “The Consortium selected Zapata for membership because of its breadth of capabilities, from the Orquesta platform, to its innovative scientific solutions, to its industry-leading generative AI and quantum expertise. We look forward to bringing Zapata’s technologies to global leaders in the chemical and biochemical manufacturing industries.”
The KT Consortium is a one-of-a-kind industry-academic collaboration that provides members with opportunities to collaborate on cutting-edge methods and tools for chemical and biochemical engineering, with a focus on Process Systems Engineering (PSE), applied thermodynamics, and property prediction.
“We are thrilled to welcome Zapata AI to the KT Consortium,” said Georgios Kontogeorgis, KT Consortium Head and Professor at the DTU Department of Chemical and Biochemical Engineering. “Zapata’s cutting-edge advancements in quantum generative AI represent a significant leap forward for our industry partners, with the potential to dramatically reduce the costs and time associated with chemical and biochemical development and manufacturing. Together, we are poised to drive transformative progress and set new standards in the industry.”
Recently, the merger clearance between Andretti Acquisition Corp. and Zapata AI marked a watershed point in the confluence of innovative technologies in the AI and industrial sectors. Zapata AI’s pioneering generative AI applications, supported by quantum computing capabilities, are perfectly aligned with Andretti Acquisition Corp’s strategic aims. This partnership not only confirmed Zapata AI’s novel approach to using AI developments for industrial applications, but it also represented a substantial investment in the future of generative AI technology.