New Delhi, Feb 26 (SocialNews.XYZ) The Indian Institute of Technology Delhi (IIT Delhi) and R Systems International on Monday signed a Memorandum of Understanding (MoU) to set up a Center of Excellence (CoE) on applied AI for sustainable systems at the varsity.
R Systems International Limited (a Blackstone portfolio Company), a global leader in digital product engineering and technology solutions, has signed a Memorandum of Understanding (MoU) with the prestigious Indian Institute of Technology Delhi (IIT Delhi) to further its commitment to AI.
The CoE will include a cutting-edge research lab, the creation of an endowed faculty chair position, and the initiation of merit-based student scholarships. This initiative is expected to enhance the research and development capabilities of both R Systems and IIT Delhi.
"We are delighted to announce the establishment of the R System CoE at IIT Delhi. Sustainable computing and systems will be critically important in the future. Our collaboration with R Systems will result in the development of innovative approaches and cutting-edge AI techniques for sustainable computing,” said Prof. Rangan Banerjee, Director, IIT Delhi, in a statement.
Banerjee also emphasised the critical role that emerging technologies play in preparing future research towards a sustainable world.
“The disruptive impact of AI and Generative AI has become a talking point not only in board rooms but at every water cooler conversation as well. Just like every disruptive technology, finding the right use cases to implement AI/GenAI that deliver differentiated ROI, and doing it in a responsible and sustainable manner is where our role becomes important,” said Nitesh Bansal, CEO and Managing Director of R Systems International in the statement.
The CoE will serve as an R&D hub, bringing together R System researchers with faculty members and students to address at-scale real-world problems.
"This collaboration between R Systems and IIT Delhi will facilitate the industry-academia partnership aimed at bridging the gap between theoretical research and practical application of AI solutions," Nitesh added.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz