EDII and Infibeam Avenues Team up To Revolutionise AI Adoption By CIOTechOutlook Team

EDII and Infibeam Avenues Team up To Revolutionise AI Adoption

CIOTechOutlook Team | Monday, 24 June 2024, 09:20 IST

Infibeam Roads Ltd, has set out on a groundbreaking initiative in partnership with the Entrepreneurship Development Institute of India (EDII), Ahmedabad. This Memorandum of Understanding (MoU) aims to accelerate the adoption of Artificial Intelligence (AI) among businesses, startups, and MSMEs, positioning EDII as a pioneer in the integration of advanced AI technologies, as stated in the exchange filing.

Leading financial institutions like IDBI Bank Ltd., IFCI Ltd., ICICI Bank Ltd., the State Bank of India (SBI), and the Government of Gujarat sponsor EDII, which was established in 1983 as a national resource institute for entrepreneurship education and innovation.

At the EDII campus in Gandhinagar, Infibeam Avenues Ltd. successfully adopted its THEIA Platform, an advanced video AI Developer Platform, in accordance with the MoU. This deployment prepares EDII's students and business people with state of the art tools to foster mAI-driven products utilizing THEIA, upgrading business effectiveness and abilities. The strategic alignment of this partnership with EDII's mission to encourage innovation and entrepreneurship was emphasized by Dr. Sunil Shukla, the organization's Director General.

"By integrating advanced AI technologies like the THEIA Platform and AI Facility Manager at EDII, it will equip our students, start-ups, and MSMEs with the tools they need to thrive in a digital-first world. This partnership not only enhances the learning experience at EDII but also empowers entrepreneurs to leverage AI for sustainable growth and business excellence. EDII & Infibeam Avenues Ltd will pave the way for a future where AI and digital solutions are integral to entrepreneurial success," commented Dr Shukla.