Home » Education » IIT Bhubaneswar and Rabisons Foundation ink MoU for AI & High-Performance Computing Research

IIT Bhubaneswar and Rabisons Foundation ink MoU for AI & High-Performance Computing Research

Bhubaneswar, 17th June 2024: Indian Institute of Technology (IIT) Bhubaneswar and Keonjhar-based Charitable Trust Rabisons Foundation have signed a Memorandum of Understanding. This MoUaims to promote the use of Artificial Intelligence, High-Performance Computing(HPC), and other Technologies in several areas that would benefit societyand support in setting up of a Scholarship Fund. These activities will be executed through the AI and HPC Research Center (AHRC), IIT Bhubaneswar.

Those in attendance included the Trustee of the Rabisons Foundation and Donor Shri Saroj Kumar Patnaik, BoG member Shri Satyabrata Panda, and Director Prof.ShreepadKarmalkar who facilitated the donor’s connection to AHRC and AHRC Center-Director Prof.Ashwini Nanda. As per the MoU, Rabisons Foundation will provide a total funding contribution of Rs. 25 crores in the fiscal 2024-25 to AHRC.

Speaking on the occasion, Shri Patnaik expressed his hope that the fund will help bring the benefits of technology research to society and promote education and research for uplifting the underprivileged sections. Shri Panda said that this is only a starting point and wishes that one day IIT Bhubaneswar will count among the best institutes of the world. Prof.Karmalkar mentioned that the institute is vigorously pursuing all areas, namely generation, dissemination, and application of knowledge, wealth generation, and development of outstanding teachers. Prof. Nanda mentioned about the activities of AHRC.

The scope of work supported by Rabisons Foundation at AHRC would encompass:

  1. Advancement in research & development, innovation, entrepreneurship, services, and products involving the use of AI, HPC, and other technologies. The target application areas will include healthcare, agriculture, assistive technologies, smart cities, green energy, art/culture/heritage, infrastructure, business, finance and any other areas of social or economic importance.
  2. Setting up a permanent Fund namely ‘Rabisons Foundation–AHRC Scholarship’ the interest from which shall be used for granting scholarships to 8 to 10 economically challenged regular and meritorious students of IIT Bhubaneswar in various streams.

It is to be noted that AHRC is an interdisciplinary and collaborative research center established at IIT Bhubaneswar in May 2023, wherein researchers from variousfields of engineering, computer science, medicine, agriculture, basic sciences, finance,economics, and other areas have come together to find integrated and comprehensive solutionsto problems faced by industry and society.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Check Also

Ratna Bhandar (treasure trove) of the Shree Jagannath Temple will be opened on 14thJuly,2024

Bhubaneswar: 13/7/24:Putting to rest all speculation surrounding the opening of the Ratna Bhandar (treasure trove) of the Shree Jagannath Temple, Law Minister Prithiviraj Harichandan on Saturday announced that the process ...