UmbrellaAI Partners With MBA Students At University of Virginia’s Darden School Of Business On StructuralAI Business Applications

By Amit Chowdhry • Jun 16, 2024

“StructuralAI” from UmbrellaAI enables transparent applications where users can see and audit how the AI makes its decisions. MBA students at the University of Virginia’s Darden School of Business learned about UmbrellaAI’s Structural AI and developed hypotheses about the most attractive go-to-market opportunities.

The partnership between a technology company and university-based research started with UmbrellaAI’s four-year collaboration with Golden Gate University in San Francisco. And they focused on developing the technology with an eye on the Black Box problem.

UmbrellaAI will continue its collaboration with Prof. Kim and Darden students to explore the business applications of StructuralAI further and help students get hands-on exposure to real world business problems at the cutting edge of AI technology.

KEY QUOTES:

“Many of our students were learning about business problems surrounding AI for the first time. Yet they immediately recognized the distinctiveness of StructuralAI.”

“We were impressed by the creativity of the pitches. They ranged from diagnosing problems with cars, farm equipment, and medical devices to improving college admissions. Forecasting natural disasters was also a great application. Others included assisting in legal cases and helping medical students prepare for exams. The market opportunity and impact on society were extremely compelling.”

  • Prof. Dennie Kim

“Our original focus on the R&D was for developing an AI for the early diagnosis of disease. Healthcare applications must be transparent and auditable for use according to the CDC. The Darden students’ strategic analyses turned the focus on other industries that also required transparency.”

“With Golden Gate continuing to develop the technology, the university-based partnership to develop a fundamental new AI is ground breaking in itself. We are very excited about this next stage.”

  • Chip Venters, CEO of UmbrellaAI

“Dennie’s students opened our eyes to the true potential of what we have been working on. As a result, we are going to move to more of a platform approach. We will still use it for disease diagnosis but are opening it up for use on the applications that Darden students identified.”

  • UmbrellaAI’s COO Kent Locklear (a UVA medical school and Darden MBA graduate)

“The future of AI is transforming. The new StructuralAI approach paves the way for transparent AI. This is AI with guardrails, no hallucinations, and fully auditable. UmbrellaAI will continue their collaboration with the Darden School and Golden Gate.”

  • Professor Dr. Rao Mikkilineni from GGU