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Kotak Mahindra Bank to Establish Kotak-IISc AI-ML Center at IISc Bangalore Campus

Kotak Mahindra Bank Limited (KMBL) and Indian Institute of Science (IISc) today announced a partnership to establish a state-of-the-art Center for Artificial Intelligence and Machine Learning (AI-ML) (Kotak- IISc AI-ML Center) on the IISc Bangalore campus.

As part of its CSR Education and Livelihoods Project, KMBL partnered with IISc to establish the Kotak-IISc AI-ML Center (Center). Spread over approximately 140,000 square feet at the IISc Bengaluru campus, the center will offer bachelor’s, master’s and short-term courses in areas such as artificial intelligence, machine learning, deep learning, fintech, reinforcement learning, image processing, computer vision, natural language processing, speech understanding, robotics, computer finance and risk management, cybersecurity, fraud analysis, blockchain, engineering and technology biomedical, healthcare, etc.

The Center will also foster research and innovation in AI and ML and develop the talent pool across the country to provide cutting-edge solutions to meet emerging and future industry demands.

Professor Govindan Rangarajan, Director of the Indian Institute of Science (IISc), said: “As the IISc continues to fulfill its mandate of providing cutting-edge scientific and technological research and education, it is partnerships with forward-thinking institutions such as Kotak Mahindra Bank which help us to grow significantly and position India as a center of deep technological innovation. The future is exciting and we are delighted to welcome Kotak Mahindra Bank on board. “

Rohit Rao, Group Co-Chair and CSR Director, Kotak Mahindra Bank Limited, said, “The Kotak-IISc AI-ML Center will be a center of excellence that will offer academic courses and also undertake research and innovation to improve further India’s scientific capabilities. The Center is supposed to be the Gangotri advanced sciences encompassing education, research and innovation in artificial intelligence and machine learning to develop the next generation of leaders in computing and robotics and champion India’s technological advancements. “

Kotak Karma is the corporate social responsibility (CSR) identity of the Kotak Mahindra Group.

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Posted on: Thursday September 16, 2021 4:36 PM IST

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