IBM and Gujarat Collaborate to Launch AI Hub in GIFT City, Targeting BFSI Sector Innovation

July 1, 2024
IBM and Gujarat Collaborate to Launch AI Hub in GIFT City, Targeting BFSI Sector Innovation
  • IBM has partnered with the Gujarat government to establish an AI Cluster in GIFT City.

  • The focus of the AI Cluster is on the BFSI (Banking, Financial Services, and Insurance) sector.

  • IBM will use its 'watsonx' technology to promote innovation in financial institutions.

  • The collaboration includes access to AI Sandbox and proof of concept assistance.

  • IBM will offer AI literacy programs and digital assistant solutions.

  • The initiative aims to train 25,000 students in deep technology courses over three years.

  • This aligns with Gujarat's goal to skill millions of people in AI.

  • Gujarat Chief Minister Bhupendrabhai Patel believes this partnership will lead the state in AI adoption and digital transformation.

  • IBM's MD for India and South Asia, Sandip Patel, views the partnership as a significant step towards accelerating the state's digital transformation.

Summary based on 9 sources


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Sources

IBM to set up AI cluster for BFSI units at GIFT City




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