Karnataka govt to invest in AI to create jobs

The state government believes that the CoE will create employment for 35,000 data science and artificial intelligence professionals in the next five years.

In yet another first, the government of Karnataka will establish a Centre of Excellence for data science and AI (CoE–DS&AI). The government has partnered with NASSCOM for setting up the center which is estimated to cost Rs 40 crore. Along with the initial investment to set up, the state government will also support with a significant share of investment required for initial five years and non-sensitive data which can augment innovation and research in data science and artificial intelligence.

“The centre of excellence is logical next step required to provide the right fillip to areas of data sciences and artificial intelligence and give a head-start to, not just the state, but India as a destination to develop global product solutions,” said Priyank Kharge, Minister for IT, BT and Tourism, Government of Karnataka.

“The CoE will enable global corporates who plan to set-up their global analytics practice in Karnataka and create employment to 35,000 data science and artificial intelligence professionals over the next five years,” Kharge added.

With automation playing a major role in the IT industry currently, AI becomes more important than ever before for the state. Also, the start-up capital of India has a huge number of AI-based startups which will further get a push with this initiative.