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IBM, IIT Bombay collaborate to accelerate AI research in India

IANS  |  Mumbai 

Tech giant on Wednesday announced a partnership with to advance (AI) research in

As part of the partnership, the varsity will join IBM's "AI Horizons Network", an international consortium of leading universities working with the software to develop technologies needed to help fulfil the promise of AI.

will pair its faculty and top graduate students with leading AI scientists from Research to advance and accelerate the application of AI, (ML), and related technologies to business and industry.

"Through this collaboration with IIT Bombay, we aim to accelerate the pace of innovation for AI in India, working hand-in-hand with some of the top scientists and research scholars in the country," Arvind Krishna, Senior-Vice President, and Director, Research, said in a statement.

This area of research will be critical for developing new AI applications in key industries such as financial services, retail and healthcare, which rely heavily on rich, multi-modal content.

The collaboration will also work in the field of training and building domain-specific AI agents (chatbots), which are designed to aid humans in complex decision making such as trading and investment choices in

Additionally, work is planned to explore new, domain-neutral training approaches which could enable faster, more efficient training of AI systems.

"This partnership will enable faculty to work in collaboration with researchers around the world on the frontiers of AI focusing on industrially relevant problems and will provide access to large data sets," said Prof. Devang Khakhar, Director, IIT Bombay.

This collaboration makes IIT Bombay the first institution outside to join the IBM "AI Horizons Network".

Globally, eight leading universities are working with IBM, in key areas designed to accelerate the development of AI technologies, and others, as well as their application to big societal challenges, ranging from aiding the understanding of disease, education and cybersecurity.

They include Institute of Technology, Renesselaer Polytechnic Institute, University of Illinois Urbana-Champaign, University of Michigan, University de Montreal, at Baltimore County, and at Amherst.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 12 2018. 15:42 IST