Monday October 15, 2018
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Karnataka approves nine IT projects to generate more jobs

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Bengaluru: The Karnataka government on Monday cleared nine IT projects with a combined investment of Rs.3,097 crore, including a proposal by global chip maker Intel’s Indian subsidiary.

The state high-level clearance committee, chaired by Chief Minister Siddaramaiah, cleared four major IT projects, with combined investment of Rs.2,957 cores, while the single window clearance cell, chaired by IT Minister S.R. Patil, cleared five projects with the combined investment of Rs.140 crore,

Intel will invest Rs.1,100 crore to set up its second computer software development centre and hardware design services facility in the city’s southeast suburb with job potential for 3,000 engineers.

Velankani Electronics Ltd will invest Rs.1,130 crore in the electronics city to expand its capacity to make electronic products and generate jobs for 2,400 people.

Saltire Developers Ltd to invest Rs.463 crore for setting up a special economic zone (SEZ) for IT/IT-enabled services with job potential for 25,000 people.

Amin Properties will invest Rs.265 crore to set up a SEZ at Devanahalli near the city’s airport for IT/IT-enabled services with job potential for 8,000 people.

The five other IT projects are from Alisa Agency (Rs.14 crore), Regen Environ Management Services (Rs.7 crore), Itwine Technologies (Rs.7.5 crore), Sol Biz Consulting Ltd (Rs.16.5 crore) and Hical Technologies (Rs.95 crore) with a combined job potential for 1,355 people.

The approvals come two days ahead of the global investors meet (GIM) from Wednesday in the city to attract global investments in diverse sectors.

(Inputs from IANS)

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Intel to Train 15,000 people Under It’s ‘AI Developer Education Program’

The company says use of AI in sectors such as autonomous driving and the internet of things will create massive amounts of data.

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Research on AI and Machine Learning is already on at all Indian Institutes of Technologies (IITs). VOA
Intel bets on artificial intelligence, to train 15,000 people in India. VOA

Intel is betting on Artificial Intelligence (AI) to drive demand for its electronic chips, for which it is aiming to train 15,000 scientists, developers, engineers and students on AI in India over the next one year.

The company will host 60 courses under its ‘AI Developer Education Program’. These will train people on ways they can adopt AI for better research, testing or even building of products. Intel is looking at India due to the country’s large base of technical talent. The country is the third largest global site for AI companies.

“As India undergoes rapid digital transformation, data centres and the intelligence behind the data collected will enable the government and industry to make effective decisions based on algorithms. This means increasing opportunities for using AI in the country,” said Prakash Mallya, managing director at Intel for South Asia.

The enterprise solutions major has integrated SAP CoPilot with the "SAP S/4HANA" Cloud.
AI will contribute to the biggest workload in data centres by 2020 Pixabay

He says adoption of AI in developing countries would be much faster than in developed nations, as the magnitude of change it will bring will be far larger. Intel wishes to involve the government, academia and hospitals, too.

Research on AI and Machine Learning is already on at all Indian Institutes of Technologies (IITs), the Indian Institute of Science and some private universities. The company is keen to partner with these institutions, to drive adoption of its services and to get the next generation of scientists and technologists trained for using its products and services.

“Our research groups are currently working on implementation of evolutionary algorithms in parallel environments, and using Intel based platforms and software tools to deploy, parallelise and optimise systems,” said Pushpak Bhattacharya, Director at IIT, Patna. Intel says by 2020, AI would contribute to the biggest workload in data centres, as analysis of data becomes ever more important for businesses, governments and academia. Its products reflect this change, becoming more capable in handling tasks on machine learning, computer vision and the like.

Also Read: Intel Introduces Xeon E Processor for Entry-Level Workstations

The company says use of AI in sectors such as autonomous driving and the internet of things will create massive amounts of data, which in turn will have to be analysed. Mallya says a million autonomous cars have the capacity to create half as much data as humanity creates as a whole today. (IANS)

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