Microsoft launches new initiative to empower AI startups in India
The Hindu
The first cohort will focus on manufacturing and logistics and the second one will focus on fintech
With the third-largest ecosystem for startups in the world, India held opportunities for emerging businesses to accelerate innovation across industries, said Microsoft on Wednesday.
To support the startup ecosystem in the country, the company has launched a programme, Microsoft AI Innovate, for nurturing and scaling startups that are leveraging Artificial Intelligence (AI).
Microsoft AI Innovate was aimed at bringing together startups, corporates, industry bodies, governments, and venture capital firms, to create a shared platform for learning and innovation, Microsoft said on Wednesday.
Air India has signed an agreement with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a built-to-suit facility for the AME program that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.