New Delhi: With Artificial Intelligence (AI) BComing an essential tool for a tech powered economy, it is heartening to see the introduction of center of excellence (coe) Ustry leaders said on Sunday.
Aligning with India’s broader vision to become a global ai hub, Finance minister nirmala sitharaman has announced the creation of three centers of excellence (coes) in ai for education of education of 500 cors.
“To position India as a leader in the global ai race, it is imperative to prioritise investment in stem talent. We also have the digital infrastructure, and the talent pool required to cultivate a thriving startup ecosystem capable of propelling innovation, “said aparna iyer, cfo, wipro Limited
To unleash this potential, it is also important to offer financial support and streamline the process of conducting business to Bolster the Startup Community. The fund of funds for Startups (FFS) will provide the impetus to boost this ecosystem, She mentioned.
According to Atul Soneja, Chief Operating Officer, Tech Mahindra, The Budget-Looking Focus on Deep-Tech Innovations like Ai, Global Capability Centers (GCCS) Commitment Towards “Viksit Bharat.”
“The other initiatives like Deeptech Funds and 10,000 Fellowships for Tech Research, 5 National Coes and A Coe For Ai in Education, Reiterate Our Commitment to Developing An EcoSystem for Next-Gen Tech,”
According to the government, these new ai centers of excellence will work on Advanced Research, The Development of Ai Learning Tools, and Foster Collection Between Educational Institutions and Indusctions. The goal is to equip students with the skills they need to thrive in the future.
Chocko Valliappa, Founder and Ceo of Vee Technologies, Said the Finance Minister’s Announcement for Setting Up a Center for Excellence in Ai for the EduCation Sector Desrves to be raised to create novel For the Rapid Reskilling of ManPower that May Find Itself Out of Jobs Due to the integration of ai in various workplaces.
“In keeping with the fm’s focus on ai and research, I believe that Technical Higher Education Institutions in the Private Sector Demonstrateing Excellence in New Technologies, AI, AI, AI, Robotics and Data Science Autonomous or Central University Status in a Fast-Track Mode Nationwide, “He said.
This will also help enhance capacity building in novel technologies at a much lower cost to the nation compared to what it will cost to address 6,500 more more engineering seats in the IITS, ASNONDGET S.
According to Anjani Kumar, Partner, DELOITTE INDIA, The Investment in Setting Up AI Coe For Education is a Critical Step Towards Government’s ongoing Eforts in Leverapping ai for Social Development.
“This investment comes on the heels of the Rs 990 Crore Investment Announced in October Last Year in Establishing Ai Coes for Agriculture, HEALTHCARE, and Sustainability. The capacity building in these four key -area provides India an Opportunity to Unlock New Possibility to Position Itself as a aes a Global Powerhouse in Ai, “Kumar Emphasised.