05/07/2021 | Press release | Distributed by Public on 05/07/2021 13:22
Today, Governor Laura Kelly applauded the announcement of a major investment in Leawood from Torch.AI, a global leader in artificial intelligence and machine learning.
The company will invest $45 million and create 490 high-paying, full-time cybersecurity-related jobs in the community.
'With our strong public schools and top-tier workforce, Kansas is one of the best places in the nation to do business,' said Governor Laura Kelly. 'Torch.AI will bring sophisticated, high-wage tech jobs to Kansas and will improve our ability to recruit forward-thinking tech experts to our state. I look forward to seeing the incredible developments that will undoubtedly come from this new facility.'
Torch.AI uses machine learning to enable massively scaled, high-performance data processing. The company is committed to training and upskilling professionals across the state to prepare them for jobs in Kansas' tech and cyber sector. The company already is working with a growing network of local universities to influence the curriculum, while creating new IT and data science professionals and preparing them to enter this high-income field.
'Torch.AI is investing in Kansas at the perfect time,' Lieutenant Governor and Commerce Secretary David Toland said. 'Our state's renewed commitment to innovation through the Framework for Growth will be a massive advantage for this future-focused business - and the new tech jobs created will be perfectly aligned with the professionals created every day at our outstanding higher education institutions. Torch.AI and Kansas' new way of doing business are a perfect fit.'
'It's an honor to align the growth trajectory of Torch.AI with Kansas initiatives to expand its economy and regional impact as a tech hub,' Brian Weaver, founder, chairman and CEO of Torch.AI, said. 'Demand for our advanced AI and data services continues to grow as the intelligence and security communities attempt to organize and analyze unprecedented levels of data. We've long known there is untapped talent here in the region that can help the government and commercial sectors solve significant challenges. This agreement represents our commitment to harness the wealth of experience and skillsets in the Kansas City region and develop new talent to expand our capabilities and customer impact.'
The following photos of the Kansas Torch.AI location are available for media use:
Torch.AI's Nexus platform changes the paradigm of data and digital workflows, forever solving core impediments caused by the ever-increasing volume and complexity of information. Customers enjoy a single integrated solution which begins by instantly deconstructing and identifying any data, in real-time, at the earliest possible moment. Purpose built for massively scaled, ultra high-speed data processing, the platform comes equipped with security features, flexible data workloads, compliance capabilities, and drag and drop functionality that is unrivaled in today's technology landscape. It's an enlightened approach. Learn more at Torch.AI.
About the Kansas Department of Commerce
As the state's lead economic development agency, the Kansas Department of Commerce strives to empower individuals, businesses and communities to achieve prosperity in Kansas. Commerce accomplishes its mission by developing relationships with corporations, site location consultants and stakeholders in Kansas, the nation and world. Our strong partnerships allow us to help create an environment for existing Kansas businesses to grow and foster an innovative, competitive landscape for new businesses.