IBM and the Government of Gujarat have joined forces to establish an AI Cluster within Gujarat International Finance Tec (GIFT) City. The aim of this collaboration is to drive AI adoption and innovation in the financial sector using IBM’s advanced AI platform, watsonx.
Chief Minister Bhupendrabhai Patel of the Government of Gujarat expressed enthusiasm about the partnership, stating that it will position Gujarat as a leader in AI adoption and digital transformation within the country.
The strategic partnership will offer financial institutions in GIFT City a range of AI resources, including an AI Sandbox for experimenting with large language AI models, assistance in developing AI-powered solutions, specialized training programs for AI literacy, and digital assistant solutions to enhance operations and customer experiences.
IBM’s General Manager for India and South Asia, Sandip Patel, emphasized the importance of leveraging AI for business growth, highlighting the advantages of improved productivity, innovation, and customer experience. He stated that the collaboration with Gujarat will accelerate the state’s digital transformation efforts and make cutting-edge AI solutions more accessible to financial institutions in GIFT City.
In line with its global commitment to AI skills development, IBM plans to train two million students in AI by 2026 and upskill 30 million people worldwide by 2030. As part of the partnership with Gujarat, IBM will create a specialized AI curriculum for educational institutions in the state to ensure a steady supply of talent ready to contribute to the AI-driven economy.
Overall, the collaboration between IBM and the Government of Gujarat represents a significant step towards fostering AI adoption and innovation in the financial sector within GIFT City. It demonstrates IBM’s dedication to advancing AI skills globally and supporting the digital transformation efforts of Indian states like Gujarat.
Article Source
https://www.businesstoday.in/technology/news/story/ibm-and-gujarat-government-partner-to-launch-ai-hub-in-gift-city-435179-2024-06-29
