Moneycontrol PRO
HomeNewsBusinessR Systems International to set up Applied AI for Sustainable Systems centre at IIT Delhi

R Systems International to set up Applied AI for Sustainable Systems centre at IIT Delhi

The work produced by the CoE is expected to enhance the research and development capabilities of both R Systems and IIT Delhi, IIT Delhi said in a statement.

February 27, 2024 / 13:54 IST
The R Systems CoE will serve as an R&D hub, bringing together R System researchers with faculty members and students to address at-scale real-world problems.

The Indian Institute of Technology (IIT), Delhi, has signed a Memorandum of Understanding (MoU) with digital product engineering company R Systems International to set up a Center of Excellence (CoE) on Applied AI for Sustainable Systems at IIT Delhi, which will include a research lab, the creation of an endowed faculty chair position, and the initiation of merit-based student scholarships.

"The work produced by the CoE is expected to enhance the research and development capabilities of both R Systems and IIT Delhi," the institute noted in a statement. The R Systems CoE will serve as an R&D hub, bringing together R System researchers with faculty members and students to address at-scale real-world problems.

"We are delighted to announce the establishment of the R System CoE at IIT Delhi. Sustainable computing and systems will be critically important in the future. Our collaboration with R Systems will result in the development of innovative approaches and cutting-edge AI techniques for sustainable computing”, said Professor Rangan Banerjee, Director of IIT Delhi.

“The disruptive impact of AI and Generative AI has become a talking point not only in board rooms but at every water cooler conversation as well. Just like every disruptive technology, finding the right use cases to implement AI / GenAI that deliver differentiated ROI, and doing it in a responsible and sustainable manner is where our role becomes important. This collaboration between R Systems and IIT Delhi will facilitate the industry-academia partnership aimed at bridging the gap between theoretical research and practical application of AI solutions”, said Nitesh Bansal, CEO and Managing Director of R Systems International.

 

Moneycontrol News
first published: Feb 27, 2024 01:54 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347