Fincantieri signs agreement to advance AI solutions

Fincantieri will collaborate on the development, testing and integration of artificial generative intelligence systems applied to the naval sector in the defence and civil matters.

Fincantieri, the Italian shipbuilding company based in Trieste, Italy, has signed an agreement with iGenius, an Italian scale-up active in the field of research and development of generative artificial intelligence technologies, aimed at establishing a collaboration for the development of AI systems based on an entirely Italian platform. 

The collaboration, which aims to combine iGenius’ experience in the development and creation of AI models with Fincantieri’s know-how as a systems integrator in all value-added sectors of the shipbuilding industry, will be developed through the identification of practical applications in both the civil and defence sectors, starting with support for the analysis of data acquired by Fincantieri’s Omega 360 radar. 

This operation is part of the artificial intelligence development plan that Fincantieri is pursuing with the aim of strengthening its control of a technology with high development potential, evaluating solutions capable of improving the performance, safety and efficiency of its products and processes. 

Deep tech firm, iGenius, was founded in 2016 by Uljan Sharka, who is also its CEO, and specialises in the development of business intelligence platforms based on generative artificial intelligence, capable of simplifying access to data using natural language through a customised professional configuration built on the needs of the end user. 

Pierroberto Folgiero, chief executive officer and general manager of Fincantieri, says: “In order to enable artificial intelligence in our group, we started by selecting the most promising concrete cases and the most avant-garde players, which guarantee, on the one hand access to the best technologies, and on the other hand, the confidentiality of the processed data, thus protecting our know-how. In this sense, the agreement with an internationally recognised Italian player such as iGenius represents a milestone for the group and reaffirms its vocation of systemizing the excellence of our country”. 

Uljan Sharka, CEO of iGenius, says: “We are thrilled to undertake this collaboration with a global leader of the calibre of Fincantieri. This partnership represents a convergence of technological excellence and long-term vision, with the aim of introducing innovative generative artificial intelligence solutions made in Italy that will redefine the standards of efficiency, safety and sustainability in the shipping industry”.