AP Govt Partners With Edtech Firm PW To Set Up AI-Focused Varsity Of Innovation
The initiative will follow a hub-and-spoke model, with the university serving as the central hub, and satellite centers across Andhra Pradesh acting as spokes
After signing MoU with the edtech company for establishment of University of Innovation
Vijayawada: In a significant step towards popularisation of deeptech, Andhra Pradesh, has joined hands with PhysicsWallah (PW), an edtech company to establish University of Innovation (UoI), the first AI-based Institute of Eminence (IoE) in the State.
After signing the MoU, PW announced that they are committed to invest up to Rs.1000 crore by GSV Ventures-US and other investors to create an institution that combines academic learning with industry relevance.
The initiative is in line with the vision of Chief Minister N Chandrababu Naidu as it aims to provide the state’s youth with education in AI, emerging technologies, new age skills, and entrepreneurship, paving the way for Andhra Pradesh to become an education hub. The government declared that the University of Innovation will work towards blending academic excellence, innovation, and research. Its focus is to address key challenges in education and employability.
The initiative will follow a hub-and-spoke model, with the university serving as the central hub, and satellite centers across Andhra Pradesh acting as spokes. This approach is an attempt to provide students from diverse backgrounds and regions access to contemporary, hybrid education that combines online and in-person learning experiences. In an attempt to keep the curriculum aligned with the market, PW is collaborating with industry partners like Amazon Web Services India Pvt Ltd to provide industry-relevant education.
Speaking on the occasion, HRD, IT and Electronics Minister Nara Lokesh said, “This partnership aims at advancing innovation and equipping our youth with skills that align with industry demands and standards. The University of Innovation’s vision to getting the status of Institute of Eminence for integrating advanced technology and education to create pathways for growth and development is commendable. We are confident that this initiative will strengthen our state’s position as a leader for talent development and knowledge creation.
” PW Founder and CEO Alakh Pandey shared his thoughts on the collaboration, and said, “We believe that education is important. Our partnership with the Government of Andhra Pradesh to establish the University of Innovation is a step towards that belief. We are committed to invest up to Rs1,000 crore by GSV Ventures-US and other investors, the purpose is to create an institution that combines academic learning with industry relevance. The UoI will help learners with the skills they might need in a constantly evolving job market, in an attempt to foster entrepreneurship and innovation.”