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Home AI Next

Homegrown Tech Business Signs Memorandum Emphasizing AI And Big Data Analytics

December 30, 2023
artificial-intelligence

Artificial Intelligence (AI) is clearly becoming more and more prevalent, and practically all businesses are investing in this field in order to get the most out of it in the near future. Nirma University and indigenous tech startup Yudiz Solutions have inked a Memorandum of Understanding (MOU) in light of the long-term advantages of artificial intelligence. The company, which specializes in gaming and AI/ML development, claims that the partnership is centred on important fields including AI and large data analytics. The AI company stated that the goal of the MoU is to close the knowledge gap between academic research and industry activities.

“This collaboration marks a significant step towards fostering technological innovation in education and creating opportunities for collaborative research and development,” the business stated in a press release.

Through practical intern projects, consulting, training programs, and other initiatives, both parties hope to maximize their shared knowledge and advance real-world applications of emerging technology under the terms of the MoU.

“Yudiz Solutions aims to coordinate its skills with the quickening pace of academic progress. Big Data Analytics, AI, Blockchain, Cyber Security, Embedded System Security, Sensor Networks, and AR/VR are among the important areas of collaboration that the organization highlighted.

In August of this year, Yudiz Solutions, which was founded in 2012 and mostly works in the AI and gaming industries, became public. It had set the issue’s price range at Rs 162-165 for each equity share, or Rs 44.84 crores total. The company had stated that it will pay for acquisitions, the creation of new goods and technology, branding, and marketing among other things with the net revenues from the public offering.

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