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.
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!
