Gujarat Government Partners With IBM To Establish AI Cluster In GIFT City

According to the MoU, financial institutions in GIFT City will gain access to AI Sandbox, assistance in providing proof of concept, AI Literacy programs, and Digital Assistant Solutions.

The Department of Science and Technology, Government of Gujarat signed a Memorandum of Understanding (MoU) on Saturday with the technology company IBM to establish and promote an AI Cluster leveraging IBM's Watson to foster innovation and collaboration among financial institutions in Gujarat International Finance Tec (GIFT) City.

According to the MoU, financial institutions in GIFT City will gain access to AI Sandbox, assistance in providing proof of concept, AI Literacy programs, and Digital Assistant Solutions.

Speaking on the occasion, Gujarat Chief Minister Bhupendrabhai Patel, "This MoU with IBM will help Gujarat to lead the country in efforts to adopt AI and drive digital transformation."