VIRTUAL MEETUP: Michael Amori, The Emergence of “AI as a Service” Business Model

http://fridaycoffeemeetup.com

FRIDAY COFFEE MEETUP presented by Echo-Factory IS VIRTUAL

***STAY AFTERWARDS FOR OPEN NETWORKING
***EXPANDED & UPGRADED TO INCLUDE UP TO 500 PARTICIPANTS

Topic:
Michael Amori is CEO, and Co-Founder of Virtualitics Inc.
AI promises to revolutionize the world, and if properly harnessed will do so in a very positive manner. As AI is starting to be deployed throughout enterprises and the government, a new breed of companies is emerging that is creating AI products through the “AI as a service” framework. In this framework there is a tension between “product” vs “services” that impacts the scalability of these solutions. The successful companies will be able to “productize” the services they offer and make them scalable.

Company:
Virtualitics is an AI as a service company that was spun out of research done at Caltech and NASA/JPL. It was one of 21 start-ups that won in 2020 the first ever “Strategic Award” contract in which the Air Force designated the “big bets” in tech that are of strategic importance to the nation.

Bio:
Michael Amori has 15 years of experience in quantitative finance. For the last 7 years of his career in finance, he was a Managing Director and head of a quantitative trading group focused on insurance markets at a large bank. His trading group structured and executed several some of the largest insurance and pensions risk transfer transactions ever done. He designed the group's data science and risk management systems and helped develop various mathematical models for quantifying and trading insurance risks. Michael was the lead author in a published paper on insurance markets and a speaker at various industry seminars/conferences. Previously, he was an interest rates derivatives trader at various large banks.

Michael was also a researcher in nanotechnology at Caltech, where he contributed to two papers and obtained one patent. The patent is related to a quantitative method for determination of target molecules in the context of nanotechnology devices applied to medical research. He is interested in science education, especially for early childhood, as a way to reduce inequality. Michael is a member of the Board of Caltech’s Computer Science Department (IST division), a member of the Board of Caltech's Finance and Economics Department (HSS division), a member of the Board of the Pasadena Math Academy, judge at the LA County Junior High Physics Science Fair, and was a member of the Board of an early childhood STEM school in Los Angeles. He has an MBA from Harvard, an MS in Applied Physics from Caltech.

www.virtualitics.com