Business Economy


Telangana Govt to set up AI Innovation Hub in Hyderabad

Hyderabad, Oct 11 (UNI) Telanana Chief Minister A Revanth Reddy on Saturday discussed the plans towards establishing an AI Innovation Hub in the city.
Revanth Reddy, who reviewed development plan for proposed T-Square & AI Hub along with Minister for IT and Industries Sridhar Babu here, said the idea is to integrate all existing AI initiatives, startups and Centres of Excellence under one umbrella, and also to collaboration with global companies, research institutes and international AI hubs.
Minister Sridhar Babu emphasised on the need to create a fund of funds to advance the state's vision of AI-based innovation and supporting startups.
He stressed on the government's adoption of an innovation driven strategy to drive growth in the age of artificial intelligence.
Since 2024, the government took up several AI initiatives as part of a larger goal to position Telangana as a leading global destination for AI.
The AI City project plan was announced at the Global AI Summit held in September last year, , the Telangana AI Rising Grand Challenge was held and an AI catalyst program was organised for the state government officials.
Besides, the Telangana Data Exchange (TGDeX), India's first state-led digital public infrastructure was launched.
Skilling is a crucial part of the exercise to unify all AI assets of Telangana. The state government is already making efforts to create a dedicated AI university to provide AI skill training to students and workforce.
Special Chief Secretary Jayesh Ranjan, Special Chief Secretary Sanjay Kumar, OSD to CM Vemula Srinivasulu, TGIIC MD K. Shashanka, Deputy Secretary Bhavesh Mishra, T-Fiber MD Venu Prasad, and other officials attended the meeting.
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