CM Revanth makes AI pitch for Future City
Inaugurates 2-day Global AI Summit, releases Telangana Strategy Document and Implementation Roadmap for AI
Telangana Chief Minister A Revanth Reddy releasing ‘AI-Power Telangana: Strategy Document & Implementation Roadmap’ at Telangana Global AI Summit in Hyderabad on Thursday. IT & Industries Minister D Sridhar Babu; Robin Van Puyenbroeck (3rd from left), Executive Director of New York-based World Trade Centers Association (WTCA)and others are also present
Apprehensions and uncertainty are common when a new technology is invented. However, AI is the best innovation the world of technology is witnessing today. The government will take note of the impact of new technology on the society and will analyse its repercussion - A Revanth Reddy, CM, Telangana
Allaying Fears About AI
♦ Clarifying doubts surrounding AI
♦ T-AIM partnered with Nasscom
♦ Both will assist the govt in implementing AI framework
♦ Govt holding discussions with AI experts
♦ Keen on developing innovations in AI
Hyderabad: Telangana Chief Minister A Revanth Reddy on Thursday said that the Future City, the fourth city being developed by his government, would be a global artificial intelligence hub.
Inaugurating the two-day Telangana Global AI Summit 2024 here on Thursday, he said: “This Global AI Summit is a testimony that Hyderabad will become an AI Hub soon. The government welcomes everyone to the City of the Future. We invite all to join us in making the Future City as a prominent AI hub in the world”.
Reddy further said that the summit is being held today to lay a strong foundation for the city’s future in the field of AI. The State government has already taken a slew of measures for tapping artificial intelligence.
Reddy, clarifying doubts surrounding AI, said that apprehensions and uncertainty are common when a new technology is invented. However, AI is the best innovation the world of technology is witnessing today. He highlighted that the government will take note of the impact of new technology on the society and will analyse its repercussions, in terms of jobs being lost.
“The State government is committed to promoting AI. There is no need to doubt the government’s effort to leverage the power of AI for the benefit of the society and the youth. The role of technology and innovation are significant to bring in transformation in the society. We can’t expect change without technological development,” the Chief Minister added. He also released the AI-powered Telangana Strategy Document and Implementation Roadmap at the summit.
During the event, the State government launched the logo of the AI city, a state-of-the-art 200- acre facility which will host offices for global corporations, innovative startups, leading investors, and cutting-edge research centers. The government has mentioned incentivising companies, which will establish their offices at the AI City, through tax breaks and infrastructure support. The City will feature co-working spaces, convention centres, and collaborative zones.
The government has also entered more than 24 Memoranda of Understanding (MoUs) with academic institutions, tech companies, startups and not-for-profit organisations to enable the goals set by the government under the vision, ‘AI-powered Telangana.’
Over 2,000 delegates are attending the two-day summit themed, ‘Making AI India Work for Everyone,’ which will have global AI thought leaders discuss the impact, regulation and challenges of AI.
