Kolkata: Global consultancy giant PwC is setting up a'Centre of Excellence' (CoE) in artificial intelligence (AI) in the city, which will generate around 1,200 jobs. Besides, it would also build an IoT (Internet of Things) lab in the city which, too, would be first of its kind in the country. To man these state-of-the-art facilities, the consultancy major is looking reverse migration of workforce from Hyderabad, Pune and Bengaluru to the city. Arnab Basu, managing partner (east), PwC India, told TOI that it would invest Rs 100 crore for setting up these facilities in the state. The consultancy major had earlier set up another CoE or analytics in the city.