Saturday, May 28, 2022

Slide Slide
Home Artificial Intelligence AI and Robotics Technology Park launched in Bengaluru

AI and Robotics Technology Park launched in Bengaluru

ARTPARK has been set up to effectively use technology, specifically AI and Robotics, for the country’s betterment. The ARTPARK has the objective of channelizing innovations to create a societal impact by executing ambitious mission-mode R&D projects in healthcare, education, mobility, infrastructure, agriculture, retail, and cyber-security aiming to solve problems unique to India

With a seed money of Rs 230 crore, an Artificial Intelligence and Robotics Technology Park (AI and Robotics Technology Park), also known as ARTPARK, has been launched at the Indian Institute of Science (IISc) in Bengaluru.

Rs 170 crore, out of Rs 230 crore, will be borne by the Centre and the rest by the Karnataka government, said Karnataka Minister for IT-BT CN Ashwath Narayan.

After opening the office of the AI and Robotics Technology Park, Narayan said ARTPARK, intending to use futuristic technologies to connect the unconnected, would work on creating a globally leading Artificial Intelligence (AI) and Robotics Innovation ecosystem in the country.

“ARTPARK has been set up to effectively use technology, specifically AI and Robotics, for the country’s betterment. The ARTPARK has the objective of channelizing innovations to create a societal impact by executing ambitious mission-mode R&D projects in healthcare, education, mobility, infrastructure, agriculture, retail, and cyber-security aiming to solve problems unique to India”, the Minister added.

“AI is expected to touch USD 15.7 trillion by 2030. Our legacy of excellence in tech research, innovation & talent makes Karnataka uniquely positioned to best leverage AI revolution. We have supported ARTPARK with a seed grant of 60 crore to help create Karnataka’s leadership”, Naryan explained.

Futuristic technologies like 5G, AI and Robotics would help realise this at a faster pace and create jobs, said Rajiv Kumar, vice-chairman, NITI Aayog, who attended the event virtually.

Also readCIO News interviews Shri Wangki Lowang, Minister (IT) of Arunachal Pradesh

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics

khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -1x1 banner1x1 banner1x1 banner1x1 banner

Most Popular

SBI Card appoints Vinod Kumar Gupta as VP – Head Cyber Security operations

Back in 2008, when he was the lead solution architect at Data Secure Solutions, he career started in cyber-security. In 2011, he joined MothersonSumi...

What strategy can technology leaders implement to protect the endpoints from being compromised even after cyber-criminals attack and try to steal company data?

Endpoint users must be trained and retrained to avoid installing freeware or pirated software and to detect any unusual activity This is an exclusive interview...

Delhivery granted a patent for its proprietary technology product, Addfix

The patent covers Delhivery’s innovation in address verification and location mapping - ‘System and method for validating geographic location accuracy for an address.'  India, May 27,...

Technology leaders must develop a genuine interest in the well-being of their customers, says Dr. Bharathy CSS, Founder | VR | AR | MR...

The pace of emerging technologies like AR and VR technology is extremely fast and leaders need to be nimble and adapt to these changes This...

Recent Comments