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Telangana has signed a Memorandum of Understanding with the World Trade Centres Association to establish a World Trade Centre in its AI City. This initiative aims to create a massive 1 million square feet of space dedicated to companies specializing in AI and emerging technologies. The project is part of Telangana's broader strategy to significantly boost IT exports and position itself as a leader in AI innovation.
The WTC AI City will include various facilities such as office spaces, training centers, and healthcare services, all designed to foster a 'walk-to-work' environment. Telangana's leadership emphasizes the importance of ethical AI development, aiming to democratize AI benefits across all sectors. The state plans to implement frameworks for AI governance to ensure responsible innovation while bridging the urban-rural divide.
• Telangana aims to grow IT exports from $32 billion to $200 billion.
• The WTC AI City will support companies in AI and emerging technologies.
The AI City in Telangana aims to house companies that are leaders in AI innovation.
Telangana plans to implement AI governance to promote transparency and accountability in AI innovations.
Telangana's strategy includes establishing Centres of Excellence in critical sectors like cybersecurity and finance.
The WTCA is collaborating with Telangana to establish a World Trade Centre in AI City.
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