Boeing invests in global learning and innovation institute



Boeing [NYSE: BA] announced its investment in Mountain View, Calif.-based Singularity University (SU), an immersive and digital educational program provider, business accelerator, and global online community furthering the application of exponential technologies, including artificial intelligence, augmented and virtual reality, nanotech fabrication and robotics, the company said.

Boeing and SU will explore opportunities to work together, which could include customized educational programs for Boeing employees and the addition of Boeing technical experts to SU´s faculty. The investment represents Boeing´s commitment to furthering its digital transformation in its second century.

SU builds capability in individuals and organizations to learn, connect and innovate breakthrough solutions by teaching them how to use accelerating technologies like artificial intelligence, robotics and digital biology. Its global community spans more than 100 countries and includes entrepreneurs, corporations, development organizations, governments, investors and academic institutions. SU provides education offerings led by world-renowned experts and targeted corporate training programs for emerging and established leaders.

Boeing HorizonX Ventures partnered with WestRiver Group to lead the Series B investment round. Cornell will represent Boeing on the SU board of directors.

A certified benefit corporation, SU was founded in 2008 by Ray Kurzweil and Peter H. Diamandis, and is partnered with corporations and nonprofit organizations. SU is headquartered at NASA Research Park in Silicon Valley.

Chicago-based Boeing is the world´s largest aerospace company and manufacturer of commercial jetliners and defense, space and security systems. A top US exporter, the company supports airlines and US and allied government customers in 150 countries.