Telangana, a state in India, has made a significant stride towards becoming a global hub for artificial intelligence (AI) by partnering with the World Trade Centres' Association (WTCA) to establish a World Trade Centre (WTC) in its upcoming AI City near Hyderabad.
The AI City, positioned as a future-ready ecosystem, will house a diverse range of facilities, including office spaces, trade services, training centers, retail and entertainment areas, co-living spaces, a luxury hotel, and healthcare facilities. This comprehensive infrastructure aims to create a vibrant and supportive environment for businesses and individuals engaged in AI development and innovation.
The Telangana government is aiming to significantly increase its IT exports from USD 32 billion to USD 200 billion, with the AI City playing a pivotal role in achieving this ambitious goal. The collaboration with WTCA is expected to attract global investment, accelerate technological advancements, and position Telangana as a global leader in AI innovation.
Telangana is also striving to become a USD 1 trillion economy by establishing specialized Centers of Excellence in key areas like cybersecurity, semiconductors, and finance. This comprehensive approach aims to create a robust technological ecosystem that supports and accelerates innovation across multiple sectors.
The state's vision extends beyond Hyderabad, aiming to bring AI innovation to tier-2 and tier-3 cities, ensuring equitable access to advanced technologies and empowering communities across the region.
The AI City, with its dedicated WTC, promises to become a prominent hub for collaboration, knowledge sharing, and technological advancement. It will attract leading AI companies, research institutions, and talented professionals from across the globe, fostering innovation and driving economic growth.
The collaboration between WTCA and Telangana signifies a shared vision to create a thriving AI ecosystem that fosters innovation and global collaboration.
The establishment of the AI City and its WTC represents a bold step towards shaping a future where AI plays a transformative role in driving economic growth, creating jobs, and improving the lives of people in Telangana and beyond.
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