Artificial Intelligence hub in Bengaluru to promote technology innovations: DST

ARTPARK is a unique not-for-profit foundation established by the Indian Institute of Science (IISc), Bengaluru with support from AI Foundry in a public-private model. With seed funding of ₹170 crore ($22 million) from the Department of Science and Technology (DST) under the National Mission on Inter-disciplinary Cyber-Physical Systems (NM-ICPS), it will bring about collaborative consortium of partners from industry, academia and government bodies. This will lead to cutting edge innovations in terms of new technologies, standards, products, services and intellectual properties, the DST said. "Some of these facilities will be key enablers for whole new sets of technologies, products and services," it said. It will develop DataSetu which will enable confidentiality and privacy-preserving framework to share data and run analytics spurring the data-sharing ecosystem and create a data marketplace, boosting AI applications and solutions, the DST said.