Wharton School Strategically Invests in Artificial Intelligence Research, Teaching

The initiative will be led by Eric Bradlow, Vice Dean for AI & Analytics at Wharton, who is the K.P. Chao Professor, Professor of Marketing, Statistics and Data Science, Economics and Education.

Study in USA: The Wharton School of the University of Pennsylvania recently announced a major investment to scale up its research and teaching capabilities in the field of data science and artificial intelligence.

The initiative is named Wharton AI & Analytics, it comprises investments to advance new research, collaboration between industry and academia, curricular enhancements, and open-source resources to help shape the direction of generative AI.

“Exponential advances in AI are already changing how we live, learn, and work. Like education, business must either lead this technological revolution or be led, and who better to help blaze the trail than the number one business school in the world? The new Wharton AI & Analytics Initiative is bold, leverages our strengths, and exemplifies Penn’s strategic leadership on great challenges of our time," said Interim President J. Larry Jameson.

Wharton School investment in AI research Details

Under the initiative, Wharton will start providing ChatGPT Enterprise licenses to all full-time and executive MBA students this fall to further enable their exploration of generative AI. This collaboration between a business school and OpenAI is one of a kind. The school is also planning to establish two new funds to support the efforts in research and teaching. These funds are named as -

• AI Research Fund: It will provide critical resources to faculty to pursue projects exploring the intersection of AI advancement and modern business models, industries, and global economies.
• Education Innovation Fund: It is to support curricular innovation by providing resources for faculty to adapt, augment, and reimagine how they incorporate AI into classroom instruction and course materials.

The initiative will be led by Eric Bradlow, Vice Dean for AI & Analytics at Wharton, who is the K.P. Chao Professor, Professor of Marketing, Statistics and Data Science, Economics and Education.

“We aim to be the preeminent business school for student learning experiences, faculty exploration opportunities, and industry and academic thought partnership on AI and its impact on society. This is a critical moment, and we are committed to creating and broadly sharing the novel scholarship the world needs to realize the tremendous promise of AI," said Bradlow.

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