Actable AI, an emerging British tech start-up led by two Oxford alumni will start operations in Malta with Malta Enterprise’s support

Actable AI offers a way to analyze any numerical and textual data with AI-powered data science algorithms. The innovative start-up provides AI-powered ‘no-code’ data science in Google Sheets, Excel, and Web Application by leveraging the latest advances to enable its users to get actionable insights.

Co-founders Armen Poghosyan and Trung Huynh are highly experienced in this area. Dr Poghosyan was an Earth & Space Scientist with 23 scientific publications cited over 430 times by researchers from NASA, Airbus, MIT, and Harvard. Furthermore, he was an ‘Entrepreneur in Residence’ and mentor at Oxford University Innovation, a British technology transfer and consultancy company created to manage the research and development of University spin-offs.

On his part, Trung Huynh worked as a software engineer and data scientist at several major companies such as Palantir, Goldman Sachs, and Google.

Dr Poghosyan highlighted that “we are really excited to open a subsidiary of our UK company in Malta and are currently hiring for several roles in Malta. We have been working with the Malta Enterprise team over the past few months and they have supported us tremendously throughout the entire process.

“Malta’s commitment to grow its tech sector by attracting world-class companies and talent to the island is laudable and would bear significant long-term benefits such as well-trained talent and high-quality jobs.”

“Our mission is to democratize advanced analytics and enable everyone to easily use AI and Deep Learning based algorithms without coding to get fast and accurate insights from their data” continued Dr Huynh.

Malta Enterprise CEO Mr Kurt Farrugia said that “Actable AI is playing a role in developing Malta’s AI ecosystem, which continues to attract highly innovative enterprises, building on the number of AI companies which have already chosen Malta as their new home, such as TrustStamp, Vital4Data and city FALCON.”

He added that “we have to recognise that Artificial Intelligence is a core part of Industry 4.0; in Malta we hope to be at the forefront by harnessing the immense potential generated by hi-tech start-ups. At Malta Enterprise, we are excited to support such innovation through our holistic suite of business support measures.

“If we can do our part in attracting and nurturing talent, it will go a long way towards future-proofing the Maltese economy; if Covid-19 has taught us anything, it is that under these adverse circumstances, embracing technological innovation is the key to not only survive, but thrive.”