AIIDE CoE at IIT Kanpur and Moglix are working together to advance AI technology and enable growth and innovation.
The two organizations are committed to advancing AI technology and fostering growth and innovation in the manufacturing industry
The Indian Institute of Technology (IIT), Kanpur has signed a Memorandum of Understanding (MoU) with e-commerce company Moglix to promote innovation and entrepreneurship in the field of artificial intelligence. The MoU represents Moglix’s commitment to technology innovation and partnerships with academia.
The Artificial Intelligence and Innovation Driven Entrepreneurship – Center of Excellence (AIIDE-CoE) of the Indian Institute of Technology, Kanpur at their Noida campus will build a platform for startups. This platform provides access to several essential aspects such as mentoring, networking, infrastructure, research and development, training and funding opportunities.
Rahul Garg, the founder and CEO of Moglix and prominent IIT-Kanpur alumni, said: “We are excited to partner with IIT-Kanpur to drive innovation in AI technology for the manufacturing industry. This collaboration will enable us to accelerate the development of advanced AI solutions and enable our customers to optimize their operations and unlock new growth opportunities.”
The two organizations are ready to make substantial advances in AI technology and foster growth and innovation in the manufacturing industry now that the MoU has been signed, they claimed.
Under the AIIDE CoE, Moglix and IIT-Kanpur will collaborate to create new technologies in the rapidly emerging field of AI and find new prospects for innovation in supply chain optimization, product recommendation, natural language processing, image recognition and predictive maintenance.
“This partnership is an excellent opportunity for us to partner with a leading industry player and contribute to the development of innovative AI solutions that will have a significant impact on the infrastructure and industrial space,” said Dr. Nikhil Agarwal, CEO of AIIDE Center of Excellence.
In addition, the two organizations will connect with the Incubator’s startups to explore investment options, strategic partnerships, research product pilots, and collaborate on new projects and initiatives aimed at improving the startup community.
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