New Delhi: An Memorandum of Understanding (MoU) has been signed between Indian Institute of Technology (IIT) Jodhpur and the Jodhpur City Knowledge and Innovation Foundation (JCKIF) and RajCOMP Info Services Ltd (RISL), a Government of Rajasthan undertaking, for a joint venture in Artificial Intelligence of Things (AIOT) System and Technology Development, reported Careers360.
Artificial Intelligence of Things (AIOT) systems will be designed, developed, prototyped, tested, and produced at the IIT Jodhpur’s Technology Park under this agreement.
“The proposed ecosystem complements the Government of India’s recently announced Semiconductor Mission as well as local policies in Rajasthan. It will facilitate the creation of AIOT technologies by start-ups, MSME, faculty, and students in a wide range of applications,” IIT Jodhpur was quoted as saying by Careers360.
“Artificial Intelligence of Things (AIoT) is the new-age technology that is transforming healthcare, agriculture, infrastructure, and all industrial domains. The AIOT Innovation Hub at IIT Jodhpur will provide an impetus to the growth of this industry in Rajasthan as well as India. This is aligned with the Semiconductor Mission of the Government of India,” IIT Jodhpur director, Professor Santanu Chaudhury, said while signing the agreement.
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