IIIT & Goldman Sachs partner on AI


Rama Krishna Sangem

The International Institute of Information Technology Hyderabad (IIIT-H) and Goldman Sachs on June 17, Saturday announced the partnership to establish a Center of Excellence for artificial intelligence and emerging technologies at IIITH campus, in Hyderabad.

The multi-year collaboration is focused on research and development efforts with an objective to drive innovation and unlock new opportunities across a wide range of business use cases in financial services, while leveraging the extensive ecosystem of research in India academia.

Speaking on this partnership, C.V. Jawahar, Dean – Research and Development, IIIT Hyderabad said, “As a research university, we are happy to see this kind of interest in our deep-tech research.

The collaboration with Goldman Sachs will see the applications of AI and emerging technologies in finance space.”Ravi   Krishnan, Chief Administrative Officer of Goldman Sachs Services India, shared: “Goldman Sachs is at the forefront of innovation and adoption of emerging technologies, and this collaboration with IIIT Hyderabad augments our in-house R&D capabilities.

The industry-academia partnerships remain critical to the development of new technologies and solutions globally.” About IIIT-Hyderabad: The International Institute of Information Technology, Hyderabad (IIIT-H) is an autonomous research university founded in 1998 that focuses on the core areas of Information Technology, such as Computer Science, Electronics and Communications, and their applications in other domains through inter-disciplinary research that has a greater social impact.


IIIT-H into Research domains

Some of its research domains include Visual Information Technologies, Human Language Technologies, Data Engineering, VLSI and Embedded Systems, Computer Architecture, Wireless Communications, Algorithms and Information Security, Robotics, Building Science, Earthquake Engineering, Cognitive Science, Computational Natural Sciences and Bioinformatics, Education Technologies, Power Systems, IT in Agriculture and e-Governance.

Website: www.iiit.ac.in About Goldman Sachs Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals.

Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. In India, Goldman Sachs has been serving clients in India since the early 1980s and established an onshore presence in Mumbai in 2006. Goldman Sachs opened its Bengaluru office in 2004 and expanded its footprint further in Hyderabad in 2021.

Collectively, Bengaluru and Hyderabad offices represent a technology hub of the firm. For further information: https://www.goldmansachs.com/worldwide/india/ Logo -ttps://mma.prnewswire.com/media/1900509/IIITH_Logo.jpg (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.)

Rama Krishna Sangem

Ramakrishna chief editor of excel India online magazine and website

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Rama Krishna Sangem

Excel India national news magazine is a media startup founded and piloted by Rama Krishna Sangem, a Hyderabad based senior journalist with over three decade experience in the field of media, mostly in print journalism. His rich experience in reporting for both Telugu and English newspapers and heading a TV news channel and some online outfits will be of immense use to this venture. Excel India English news magazine seeks to fill the gap of analytical understanding to our readers who today are confronted with myriad media platforms. Our online version not only offers regular updates and commentary on happenings around us, but also gives larger stories not limited by space constraints of a print magazine. Excel India is ably run by a team of senior journalists committed to values and quality standards in the profession. We urge you all to support and guide us in this endeavour. Reach us at excelindiaweb123@gmail.com