| 15.01.2025

Hanken School of Economics receives substantial donation from Peter Sarlin to strengthen AI research

Hanken School of Economics, along with twelve other universities and the ELLIS Institute, has received a significant donation to support AI research from the Foundation PS, founded by Peter Sarlin.

13 new professorships will be established in Finnish universities. In addition to Hanken School of Economics, the donation is directed to Aalto University, National Defence University, Tampere University, University of Eastern Finland, University of Helsinki, University of Lapland, University of Jyväskylä, University of Oulu, University of the Arts Helsinki, University of Turku, University of Vaasa, and Åbo Akademi University. 

The forthcoming professorships represent a significant step in strengthening the AI research ecosystem in Finland and Europe and in promoting long-term competitiveness in the field of artificial intelligence, while also supporting the activities of the international ELLIS Institute (European Laboratory for Learning and Intelligent Systems).

According to Peter Sarlin, the co-founder and CEO of Silo AI, the Foundation PS aims to continue supporting world-class AI research in Finland, with a particular focus on the activities of the PS Fellow network formed through the professorships.

"In today’s world, AI is a key driver for competitiveness and growth, and Finland's success relies on world-class expertise and talent. To succeed, we must strengthen our AI capabilities in research, education, and industrial applications. My donation is intended to foster and grow an attractive environment for world-class AI expertise and breakthroughs across multiple disciplines. Together, we can accelerate Finland’s and Europe’s competitiveness on the global AI stage," says Sarlin.

“We are deeply grateful to Peter Sarlin for his generous donation that will contribute towards the establishment of a professorship in Business and AI at Hanken School of Economics. We strongly believe that this will allow us to contribute significantly to how AI will be applied in and will contribute to society in the business context” says Ingmar Björkman, rector of Hanken School of Economics.