Sunday, February 1, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Technology

ARTPARK to enable international co-creation of solutions

Fiinews by Fiinews
November 30, 2020
in Technology
Reading Time: 3 mins read
A A
0
nvidia
0
SHARES
10
VIEWS
LinkedinShare on Twitter

A non-profit organization to use technology to solve challenges


An AI & Robotics Technologies Park (ARTPARK) set up in Bengaluru will promote technology innovations in AI (Artificial Intelligence) and Robotics, enabling international co-creation leading to societal impact by executing R&D projects in healthcare, education, mobility, infrastructure, agriculture, retail and cyber-security focusing on problems unique to India.

Robin Sukhia, Secretary-General and President of the Sweden India Business Council, pointed out that the not-for-profit organisation will enable international co-creation at a higher and deeper level to help solve today’s and tomorrow’s challenges using technology in a unique way.

ARTPARK is a unique not-for-profit foundation established by the Indian Institute of Science (IISc) with support from AI Foundry in a public-private model, the Ministry of Science and Technology said on 29 Nov 2020.

With seed funding of Rs.170 crore (US$22 million) from Department of Science & Technology (DST) under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS), it will bring about a collaborative consortium of partners from industry, academia and government bodies.

This will lead to cutting-edge innovations in terms of new technologies, standards, products, services and intellectual properties.

Vishal Dhupar, MD of the globally-spread NVIDIA South Asia, underlined the collaborations between NVIDIA and ARTPARK to “enable technology to solve humanity’s grand challenges”.

ARTPARK, in collaboration with AI Foundry, will run a novel ARTPARK Venture Studio that will mentor technopreneurs who will take the outputs of the mission mode projects to launch new startups.

ARTPARK will develop AI & Robotics facilities to support technology innovations as well as capacity building through advanced skills training of students and professionals in these areas.

Some of these facilities will be key enablers for whole new sets of technologies, products and services. It will develop DataSetu – that will enable confidentiality and privacy-preserving framework to share data and run analytics spurring the data-sharing ecosystem and create a data marketplace, boosting AI applications and solutions.

One such service will be BhashaSetu – that will enable real-time Indic language translation, both of speech to speech and speech to text. This will further unlock the economic potential of the country, and enable all Indian citizens to equitably participate in the economic progress, regardless of their language.

“The National Mission ICPS with its 25 Hubs has a unique architecture that envisages a strong collaboration and co-ownership among the triple helix of industry, academia and government with full flexibility,” said Professor Ashutosh Sharma, DST Secretary at the recent launch of the ARTPARK.

“Generous additional support of the Government of Karnataka to the ARTPARK Hub brings extraordinary value in increasing its effectiveness, reach and use.

“It also sets a template of centre-state partnership in the frontier areas of technology– a theme which will receive focus in the soon to be released Science, Technology and Innovation Policy 2020,” he said.

Indian academia has been carrying out cutting edge technology research in various domains. “However, we have had systemic issues in moving the results of this research from university laboratories into the outside world. ARTPARK would go a long way in establishing a template for addressing this need,” Prof. Govindan Rangarajan, Director IISc pointed out.

“These moonshots will not only enable India but also build technology solutions for the 6 bn people in the developing world,” Umakant Soni, Co-founder & CEO noted.

Prof. Bharadwaj Amrutur, Research Head & Director ARTPARK explained how ARTPARK was a natural evolution of the Robert Bosch Centre for Cyber-Physical Systems, interdisciplinary research and academic centre at IISc, with funding from the Bosch group of companies. #technology #startups #artificialintelligence #robotics #science /fiinews.com

Tags: Ministry of Science and Technology
ShareTweetShare

Related Posts

Fico
Technology

Tech: Pune to set up CoE for FICO

by Fiinews
January 30, 2026
0
12

Asnani highlights global shortage of data scientists-system architects Global analytics software leader FICO (NYSE: FIC) from Bozeman, Montana, has entered...

Wipro Primary Logo Color Rgb
Technology

Tech: Wipro-Factory to help enterprises

by Fiinews
January 30, 2026
0
16

Al is reshaping how software is built, says Arun Wipro Limited, (NYSE: WIT, BSE: 507685, NSE: WIPRO) and Factory, a...

6G SNS IA

Tech: India-EU to cooperate in 6G

January 30, 2026
23
PAYU

Tech: Founders build next decade digital economy

January 28, 2026
19
Shoonya

Tech: Shoonya’s SensAI to analyse market sentiment

January 24, 2026
13
WEF

Tech: WEF to help strengthen India TVET

January 24, 2026
19
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: Chile FTA to secure critical minerals
  • Market: Defense sector set for 7.8% CAGR
  • Tech: Pune to set up CoE for FICO
  • Invest: Infra central to India’s growth strategy
  • Export: India must cut manufacturing costs

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.