Home IIT Madras Alumnus Donates To Set Up A School For Data Science, AI

IIT Madras Alumnus Donates To Set Up A School For Data Science, AI

Share
Share

IIT Madras Alumnus Donates To Set Up A School For Data Science, AI

An Indian Institute of Technology Madras alumni, Sunil Wadhwani, has donated ₹110 crore to establish a school for data science and artificial intelligence.

The donation was made in a memorandum of understanding between the institute’s Director V. Kamakoti and distinguished alumnus Sunil Wadhwani. Wadhwani, a 1974 batch B. Tech graduate and co-founder of IGate and Mastech Digital, believes that data-based technologies are transforming sectors worldwide and sees a strong need for a dedicated data science and AI school.

The institute plans to conduct research in AI and data analytics, with a goal of launching a state-of-the-art B.Tech programme in July 2024. The department aims to have 50 faculties and 500 students within three to four years.

(With inputs from Shikha Singh)

Share

Latest News

News

Japan Moves Toward Blockchain-based Government Bond Trading

Japan is pushing ahead with plans to modernize its large government bond market using blockchain technology. Several major financial institutions are exploring...

Coinbase & AWS Team Up To Bring USDC Payments To AI Agents
News

Coinbase & AWS Team Up To Bring USDC Payments To AI Agents

Coinbase has partnered with Amazon Web Services (AWS) to enable crypto payments directly to AI agents. This lets autonomous software systems make...

News

Polygon Speeds Up Network As Stablecoin Payments Push Grows

Polygon, a layer-2 blockchain network, has cut its average block time to 1.75 seconds, its first such upgrade since launch. The goal...

News

Block Shares Jump Despite Bitcoin Weakness After Q1 Earnings Beat

Jack Dorsey’s payments firm Block rose 7.9% in after-hours trading as its Q1 earnings surpassed analyst estimates, despite posting its first loss...

Latest Blogs

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

Related Articles

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...