Telangana targets to become artificial intelligence hub; targets to attract 200 startups

The Telangana Government has announced partnerships with chip major Intel, Adobe, Tech Mahindra, Nvidia, Public Health Foundation of India (PHFI) and IITs of Khargapur and Hyderabad.

The tie-ups are primarily around research, building capacities and encouraging entrepreneurship and building ecosystem around AI. The Tata Consultancy Services has announced that it will make investments in the AI domain in Hyderabad.

This comes after it had announced 2020 as the Year of AII and its decision to make Hyderabad the hub for Artificial Intelligence (AI).

At a meet organised to announce the Year of 2020, Telangana Information Technology Minister K T Rama Rao has given a AI roadmap for the State. He said that the State government has set a target of attracting and enabling 200 Artificial Innovators and start-ups, leading to a valuation of $ 3-4 billion to build their base in Hyderabad.