![]() In August, the Maryland Department of Commerce, through the state’s Maryland E-Nnovation Initiative, provided the University of Maryland with $2.1 million in matching funds for its Capital One Chair in Machine Learning and Computer Science. “At Capital One, we are steadfast in our belief that machine learning and data analytics can greatly enhance our customers’ experience, and we are proud to support the next generation of technology innovators from UMD that will continue to harness these opportunities more broadly.” “This partnership will not only help attract and retain top faculty and students, but will also propel UMD to national prominence and excellence in these critically important fields.” “We are thrilled to extend our long-standing partnership with the University of Maryland to this important initiative, which will further position the University as one of the leading academic institutions and talent hubs for machine learning, data analytics, and cyber security not only in the region, but in the nation,” said Adam Wenchel, vice president of AI and data innovation, Capital One. “The opportunities that this partnership will bring to UMD will have a tremendous impact on our students’ ability to meet urgent workforce needs,” said UMD Senior Vice President and Provost Mary Ann Rankin. In addition, the university will collaborate with Capital One to develop academic courses offered through its First-Year Innovation & Research Experience (FIRE) program. The gift’s impact includes $2.1 million used to endow a faculty chair in the Department of Computer Science, and $900,000 to help support research and educational initiatives in machine learning, data analytics and cybersecurity. Situated along Baltimore Avenue, the lab will give UMD students the opportunity to apply what they are learning in the classroom-in topics like data science, technology and automation-to real-world problems and experiences.Ĭapital One has also invested $3 million through an endowment gift to help advance machine learning leadership at the university. The University of Maryland and Capital One today announced a partnership aimed at developing a talented pipeline of students to join the workforce in areas of key national need, such as machine learning, data analytics and cybersecurity.Ī cornerstone of the new partnership will be the launch of an innovation lab in the university’s Discovery District. ![]() $3 million from Capital One, $2.1 million from Maryland Department of Commerce, and creation of innovation lab announced today
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