Eros Investments and the Gujarat government joined hands to establish Immerso AI Park in GIFT City, backed by a substantial Rs 16,000 crore investment. Set to open by mid-2025, the park’s Phase 1 will feature the AI University and an initial AI cloud, emphasising ethical AI practices. Positioned as a global hub, it fosters collaboration across academia, startups, and technology giants, while also creating a dedicated zone for international startups specialising in deep technology. The initiative signals a significant leap forward in shaping Gujarat as a prominent player in the field of artificial intelligence.
Eros Investments has inked a historic Memorandum of Understanding (MoU) with the Gujarat government to establish Immerso AI Park in GIFT City. This innovative project, backed by a substantial investment of Rs 16,000 crore, is set to redefine the landscape of artificial intelligence in India.
Scheduled to open its doors by mid-2025, Immerso AI Park's Phase 1 will include the AI University and the initial phase of the AI cloud, addressing both public and private commercialisation needs. What sets this project apart is its commitment to ethical AI, utilising the world's largest archive of training data and tokens. This unique foundation aims to develop native models across diverse industry verticals, making it a hub for academia, startups, and large-scale enterprise technology companies.
Immerso AI Park doesn't stop there—it's designed to create a specialised zone for international startups focused on deep technology and generative AI. This strategic move stands to provide incubation opportunities for research and training, fostering a collaborative environment for innovation.
This forward-thinking initiative marks a significant step towards establishing Gujarat as a global AI hub, offering a platform that transcends boundaries for startups and established players alike. With a strong emphasis on ethical practices and international collaboration, Immerso AI Park is set to shape the future of artificial intelligence in India.