The emergence of artificial intelligence (AI) is evident and almost all companies are investing in this area to reap maximum benefits in the coming days. Keeping in mind the long-term benefits of AI, local technology company Yudiz Solutions has signed a Memorandum of Understanding (MOU) with Nirma University. According to the company, which specializes in game and AI/ML development, the collaboration focuses on key areas such as big data analytics, AI and others. The AI company said the MoU aims to bridge the gap between industrial practices and academic research.
“This collaboration marks an important step toward promoting technological innovation in education and creating opportunities for collaborative research and development,” the company said in a statement.
With this MoU, the two entities also aim to maximize knowledge sharing and promote real-world applications of emerging technologies through practical internship projects, consultancy services, training programs and other projects .
“Yudiz Solutions seeks to align its expertise with the rapid advancements in academia. The collaboration focuses on key areas such as big data analytics, artificial intelligence, blockchain, cybersecurity, embedded systems security, sensor networks and AR/VR,” the company said . .
Yudiz Solutions, incorporated in 2012 and primarily active in the AI and gaming sectors, went public in August this year. It had fixed the price band of the issue at Rs 162-165 per share, or a total of Rs 44.84 crore. The company had said it would use the net proceeds from the public offering to meet necessary expenses for acquisitions, development of new products and technologies, branding and marketing purposes, among others.
