AI University To Operate In Two Months: Minister

The Artificial Intelligence University, being established with technical collaboration from some of the world's top universities, would be launched within the next two months, announced IT & Industries Minister Sridhar Babu today.

He said that the initiative would offer advanced training in emerging technologies to software engineers and students completing their studies.

The minister made these remarks while inaugurating the Covalent AI Innovation Centre.

He said that the centre currently employed around 500 engineers, and that it planned to expand rapidly by creating 3,000 new jobs over the next two years.

The minister also commended Covalent Chairman C V Subramanyam, highlighting his inspiring journey - starting with just 18 employees decades ago under the name Cigniti and growing it into a global organisation employing thousands today.

Babu said that the rapid growth of AI had made it essential for professionals - whether in coding or other technology domains - to upgrade their skills. The upcoming AI University, he said, would serve as a platform for reskilling and upskilling, equipping the workforce with cutting-edge capabilities.

Babu added that while Silicon Valley represented global technology leadership, Shenzhen symbolised world-class production and Singapore stood for discipline and good governance, Hyderabad was emerging as a unique combination of all three.

He claimed that no other city in India offered industry an ecosystem as conducive and supportive as Hyderabad.

"Hyderabad now stands at the top as the city with the highest number of Global Capability Centres (GCCs) in the country. Leading global banking and financial institutions have chosen Hyderabad for establishing their GCCs, which is a matter of immense pride for us. The city has also made remarkable progress in the life sciences sector - one-third of the vaccines produced in India are manufactured here, and numerous healthcare innovation centres are coming up. This kind of ecosystem is unmatched elsewhere," the minister said.

He attributed these achievements to the Congress government's strong commitment and clear vision.