Empower Your Financial Institution with AI Innovation in Gujarat
Discover how IBM and the Gujarat government are joining forces to establish an AI cluster leveraging IBM’s ‘watsonx’ to drive innovation and collaboration within financial institutions at Gujarat International Finance Tec (GIFT) City.
Benefits of the Partnership
- Access to AI Sandbox
- Assistance in Proof of Concept
- AI literacy programs
- Digital assistant solutions
Memorandum of Understanding
IBM and the Department of Science and Technology, Government of Gujarat, recently signed an MoU to foster innovation and collaboration among financial institutions in GIFT City.
IBM’s Contribution
- ‘Watsonx’ – an AI and data platform for business
Government’s Vision
Gujarat Chief Minister Bhupendra Patel believes that the collaboration with IBM will position Gujarat as a leader in AI adoption and digital transformation.
IBM’s Perspective
Sandip Patel, Managing Director of IBM India and South Asia, highlights the strategic importance of AI for businesses in enhancing productivity, innovation, and customer experience.
Accelerating Digital Transformation
IBM’s collaboration with the Government of Gujarat aims to facilitate easy access to cutting-edge AI solutions for the financial institutions in GIFT City, promoting digital transformation.
IBM’s Commitment
As part of the MoU, IBM will provide software technologies and platforms in a cloud environment for financial institutions to customize and optimize AI models in a sandbox setting.
Training and Development Initiatives
IBM plans to develop an AI curriculum for schools and universities in Gujarat as part of its goal to skill 30 million people by 2030 and train 2 million learners in AI by 2026.
Hot Take: Explore the Future of AI in Financial Innovation
Immerse yourself in the realm of AI innovation in the financial sector with IBM’s transformative partnership in Gujarat. Stay ahead of the curve and witness the power of collaboration in driving digital transformation.
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