AIIDE CoE and Moglix at IIT Kanpur collaborated to advance AI technology and facilitate growth and innovation.
Both organizations set to drive progress in AI technology and drive growth and innovation in the manufacturing industry
Indian Institute technology (IIT), Kanpur has signed a Memorandum of Understanding (MoU) with Moglix, an e-commerce company, to promote innovation and entrepreneurship in artificial intelligence. The MoU represents Moglix’s dedication to technological innovation and partnership with academia.
The Artificial Intelligence and Innovation Driven Entrepreneurship – Center of Excellence (AIIDE-CoE) of the Indian Institute of Technology, Kanpur will create a platform for startups at its Noida campus. The platform will provide access to many essential aspects such as mentorship, networking, infrastructure, research and development, training and funding opportunities.
Rahul Garg, Founder & CEO, Moglix and prominent IIT-Kanpur alumnus, said, “We are excited to partner with IIT-Kanpur to drive innovation in AI technology for the manufacturing industry. accelerate growth and enable our customers to optimize their operations and unlock new growth opportunities.”
The MoU has now been signed as both the organizations are poised to make substantial progress in the field of AI technology and promote growth and innovation in the manufacturing industry, he claimed.
Under the AIIDE CoE, Moglix and IIT-Kanpur will work collaboratively on building innovative technologies in the rapidly emerging area of AI and explore new possibilities for innovation in the areas of supply chain optimization, product recommendation, natural language processing, image recognition. , and predictive maintenance.
Dr. Nikhil Agarwal, CEO, AIIDE-Centre, said, “This collaboration is an excellent opportunity for us to work with a leading industry player and contribute to the development of innovative AI solutions that will have a significant impact on the infrastructure and industrial sector ” Of excellence
In addition, both the organizations will engage with the startups of the incubator to explore options for investment, strategic collaboration, product piloting for research and collaboration on new projects and initiatives aimed at growing the startup community.
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