The Government of Gujarat has entered into a Memorandum of Understanding (MoU) with IBM to set up an AI Cluster in Gujarat International Finance Tec (GIFT) City. This initiative aims to leverage IBM’s Watson technology to foster innovation and collaboration among financial institutions.
Under the MoU, financial entities in GIFT City will benefit from access to IBM’s AI Sandbox, support for proof of concept projects, AI literacy programs, and Digital Assistant Solutions. The collaboration also includes the development of an AI curriculum for schools and universities across Gujarat.
Speaking about the partnership, Gujarat Chief Minister Bhupendrabhai Patel emphasized its significance in advancing AI adoption and driving digital transformation in the state. IBM, through this collaboration, aims to make advanced AI solutions readily accessible to financial institutions in GIFT City, enhancing productivity, innovation, and customer experiences.
Sandip Patel, Managing Director of IBM India & South Asia, highlighted the strategic importance of using AI to gain competitive advantage in today’s business landscape. He underscored IBM’s commitment to accelerating Gujarat’s digital journey through the establishment of the AI cluster.
The MoU further underscores IBM’s commitment to upskilling 2 million learners in AI by 2026 and forms part of Gujarat’s broader efforts to integrate AI into various sectors, including MSMEs. The initiative aims to prepare professionals and students in Gujarat for an AI-driven future economy through comprehensive literacy programs and certifications.