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IBM inks pact with India to boost innovation in AI, semiconductors

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IBM announced that it has signed three MoUs in India to advance and accelerate innovation in AI, semiconductors, and quantum technology. The company has signed three memoranda of understanding with three entities engaged with the Ministry of Electronics and Information Technology.

IBM revealed that this body of work will aim to accelerate India’s comprehensive national strategy for AI, strengthen efforts to be self-reliant in semiconductors and advance its National Quantum Mission.

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These MoUs will help MeitY access IBM’s expertise to build and advance India’s competency and scale its growth mission in the AI, semiconductor, and quantum industries.

“Semiconductors, AI, and Quantum present tremendous opportunities for our academic, startups and innovation ecosystem”: MoS Rajeev Chandrasekhar.

The activities are intended to focus on the following:

– Establishing a world-class national AI Innovation Platform (AIIP) to focus on AI training, ecosystem development, and integrating advanced foundation models and generative AI capabilities with access to the IBM watsonx AI and data platform.

– Cooperating with India Semiconductor Mission (ISM) for establishing a research centre that catalyses the development of the semiconductor R&D ecosystem in India for which IBM would be a knowledge partner.

– Intention to collaborate with MeitTY’s C-DAC with aim of growing the quantum workforce, developing applications, and fostering economic opportunities in India toward building a quantum industry.

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