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Business EconomyPosted at: Mar 8 2024 12:09AM


T-hub and DST launch Center of Excellence for AI and ML Technological Advancement

Hyderabad, Mar 7 (UNI) T-Hub, India’s leading startup incubator, in collaboration with the Department of Science and Technology (DST), inaugurated the one-of-a-kind Machine Learning and Artificial Intelligence Technology Hub (MATH) here on Thursday.
With its strategic vision to foster AI innovation, create job opportunities, and provide a conducive ecosystem for AI startups, MATH has set ambitious goals to propel India's AI market to new heights.
The Center of Excellence aims to generate over 500 AI-related jobs by 2025 and nurture more than 150 startups annually, positioning itself as the go-to destination for AI-driven initiatives in the country, Hyderabd-based T-Hub said in a release here.
India's AI market is poised to reach $17 billion by 2027, with a CAGR of 25–35%.
In sync with this growth trajectory, MATH's inauguration as a Center of Excellence represents a pivotal step forward in advancing AI and ML in India.
The launch event was witnessed by Telangana IT Minister Sridhar Babu, MATH CEO Rahul Paith, Telangana Principal Secretary (IT) Jayesh Ranjan, BVR Mohan Reddy (Board Member of T-Hub and Founder & Chairman of Cyient), and T-Hub CEO Mahankali Srinivas Rao (MSR).
Speaking on the occasion, Mahankali Srinivas said, "This collaboration embodies our shared vision of nurturing startups, fostering innovation, and creating a thriving ecosystem for technological advancement. Together, T-Hub and MATH will empower entrepreneurs to harness the power of AI and ML, driving meaningful change and propelling India onto the global stage of technological leadership."
Rahul Paith said, "With state-of-the-art facilities and a comprehensive support ecosystem, MATH is poised to become the epicenter of AI and ML innovation in India."
MATH unveils cutting-edge facilities, including a mini data center with GPU capabilities, a world-class learning management system (LMS) tailored for AI education, and robust data infrastructure to support diverse AI applications.
This launch signifies a pivotal moment for startups, researchers, and students as MATH introduces a diverse array of programs and initiatives to empower stakeholders across the AI and ML spectrum.
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