IIT Bombay becomes the first educational institution outside of North America to be part of IBM’s “AI Horizons Network”. Announcing a collaboration between the global technology giant and one of India’s most prestigious centres of higher education, Arvind Krishna, Senior-Vice President, Hybrid Cloud and Director, IBM Research Division made a formal statement in which he said, “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.”
Chiming in, Prof. Devang Khakhar, Director of IIT Bombay said, “This partnership will enable IIT Bombay 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.” IIT Bombay joins eight other institutions from North America who seek to work together to bring about greater advances in research related to artificial intelligence (AI) in as short a time as is absolutely necessary. These other institutions are, the University de Montreal, the University of Illinois Urbana-Champaign, the Massachusetts Institute of Technology, the University of Massachusetts at Amherst, Renesselaer Polytechnic Institute, the University of Michigan, the University of Maryland at Baltimore County, and the University of California, San Diego.
The primary areas of focus in AI development for the AI Horizons Network are cyber security, education, understanding disease, and addressing the major challenges faced by society. In addition, sectors of the economy like financial services, healthcare and retail will also be looked at as this is an area in which AI seems to be having the biggest impact at the moment.