HYDERABAD: As the world rapidly advances towards Artificial Intelligence (AI), Hyderabad is keeping pace. The Machine Learning and Artificial Intelligence Hub (MATH) at T-Hub is preparing several key initiatives for the upcoming Global AI Summit (GAIS) 2024, scheduled for September 5 and 6 at HIIC, Hyderabad. Launched in March, MATH is a collaborative effort between the Union government’s Department of Science and Technology (DST) and T-Hub. It supports 963 AI-based startups across India and aims to incubate those that are either developing AI solutions or leveraging AI to tackle various challenges.
TNIE spoke with Rahul Paith, CEO of MATH, about the planned initiatives.
What will MATH’s role be in the upcoming AI Summit in Hyderabad?
We are organizing a hackathon featuring 30 AI-related problem statements. With over 6,000 registrations so far, we aim to engage at least 15,000 participants, including startups, students, and developers. We will also host the InnovAtIon Gala, an awards event on August 29 at T-HUB, to identify promising startups for the Pitch Games. Selected startups will present their ideas to venture capitalists and investors after a four-day investor engagement workshop. Additionally, around 40 to 50 booths will showcase the startups’ products.
India’s AI market is projected to reach $17 billion by 2027. How do you see summits contributing to this growth?
While AI summits are common in cities like Bangalore, this summit stands out due to its scale and government backing. These events provide crucial platforms for networking, collaboration, and showcasing innovations, all of which are essential for driving the AI market’s growth. Government support, at both the state and central levels, is critical for the expansion of any industry. Just as the IT revolution in the early ’90s was propelled by government backing, AI requires similar support.
Can you discuss the development of infrastructure and manufacturing?
Currently, India relies heavily on imports for AI hardware like GPUs and chips. To achieve self-sufficiency and become a leader in AI, we need to develop our own hardware manufacturing capabilities. This would not only reduce our dependency on foreign products but also lower costs for startups and boost innovation. Ensuring that technological advancements are economically accessible, especially for sectors like agriculture, is crucial.
How do you view Telangana’s role in harnessing the AI market?
Telangana is making significant strides in the AI sector. The state government is actively promoting AI through initiatives like these. Moreover, Hyderabad’s cosmopolitan environment is a major asset. For example, over 50% of the startups at MATH were founded by individuals not originally from Hyderabad. This inclusivity reflects the city’s welcoming nature and its potential as a hub for AI innovation.
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