Minister N. Uttam Kumar Reddy speaking at the curtain-raiser for the 1st ISF Global AI Summit and International Junicorns Startup Festival, at the International Institute of Information Technology Hyderabad on Monday.
| Photo Credit: Special Arrangement
Irrigation, Food, and Civil Supplies Minister N. Uttam Kumar Reddy reaffirmed Telangana government’s vision to position Hyderabad as a global hub for Artificial Intelligence (AI). Speaking at the curtain-raiser for the 1st ISF Global AI Summit and International Junicorns Startup Festival, at the International Institute of Information Technology Hyderabad (IIIT-H) on Monday, he underscored the State’s efforts to harness AI for inclusive growth and innovation.
Highlighting both opportunities and challenges presented by AI, Mr. Reddy highlighted its potential to transform industries and drive growth while addressing concerns such as job disruption and ethical dilemmas. He detailed the Telangana government’s initiatives, including the ambitious AI City project and the establishment of a Skills University, aimed at developing a skilled workforce and fostering collaboration with industry and academia to navigate the ethical complexities of AI.
Describing AI as a transformative force across sectors like healthcare, education, smart mobility and manufacturing, Mr. Reddy called for collective effort to address future challenges, particularly the demands for computational power and the importance of AI ethics. He urged governments, industries, and academic institutions to work together to create ethical frameworks and develop AI systems that serve humanity.
The International Startup Foundation formally announced the 1st Global AI Summit and International Junicorns Startup Festival, scheduled to take place in Dallas, USA, from May 28 to 30, 2025.
Published – December 17, 2024 12:41 am IST
