
Minister N. Uttam Kumar Reddy speaks at the opening ceremony of the 1st ISF Global AI Summit and International Junicorn Startup Festival held at the International Institute of Information Technology, Hyderabad on Monday. |Photo courtesy: Special Arrangement
Minister of Irrigation, Food and Civil Supplies N. Uttam Kumar Reddy reaffirmed the Telangana government’s vision of positioning Hyderabad as a global hub for artificial intelligence (AI). He was speaking at the curtain-raiser of the 1st ISF Global AI Summit and International Junicorn Startup Festival held at the International Institute of Information Technology-Hyderabad (IIIT-H) on Monday. He emphasized the country’s efforts to utilize the
Highlighting both the opportunities and challenges posed by AI, Reddy highlighted its potential to transform industries and drive growth, while addressing concerns such as job destruction and ethical dilemmas. He detailed the Telangana government’s initiatives, including the ambitious AI City project and the establishment of Skills University, aimed at developing a skilled workforce and fostering industry-academia collaboration to navigate the ethical complexities of AI. did.
Reddy said AI is a transformative force in sectors such as healthcare, education, smart mobility and manufacturing, and called for joint efforts to address future challenges, particularly the demand for computing power and the importance of AI ethics. I called out. He called for governments, industry and academic institutions to work together to create ethical frameworks and develop AI systems that serve humanity.
The International Startup Foundation has officially announced the 1st Global AI Summit and International Junicorn Startup Festival, scheduled to be held in Dallas, USA from May 28th to 30th, 2025.
issued – December 17, 2024 12:41 AM IST