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In a first, IIT Hyderabad to launch B.Tech. in Artificial Intelligence
Source:  The Siasat Daily
Friday, 18 January 2019 09:24

In a first, IIT Hyderabad to launch B.Tech. in Artificial Intelligence

Hyderabad: Indian Institute of Technology Hyderabad is launching a full-fledged Bachelor of Technology (B. Tech.) Program in Artificial Intelligence from the coming academic year (2019-2020) thereby making it the first Indian educational institution to offer such a program.

It is also likely the third institute globally after Carnegie Mellon University and Massachusetts Institute of Technology (MIT), both of which are in the United States, read a statement.

The Course will have an intake of around 20 students who can take the program through the JEE-Advanced.

“The mission of the Department of Artificial Intelligence, IIT Hyderabad, is to produce students with a sound understanding of the fundamentals of theory and practice of Artificial Intelligence and Machine Learning. It also aims to enable students to become leaders in the industry and academia nationally and internationally and meet the pressing demands of the nation in the areas of AI and Machine Learning.

IIT Hyderabad is already offering an M.Tech. program in Artificial Intelligence – Machine Learning,” the statement read.

Speaking about the importance of this course, Prof U.B. Desai, Director, IIT Hyderabad, said, “The basic aim is to create a complete ecosystem for Artificial Intelligence Academics and Research at IIT Hyderabad. This involves B.Tech., M.Tech. and different Minor Programs in AI. Moreover, the R&D will be strongly entwined with academics.”

Students graduating from these programs will apply their training to become leaders in the industry and academia.

According to the institute, the program “aims to provide a holistic view to students.”

It comprises algorithms from the Computer Science Department, Signal Processing from Electrical Engineering Department, Robotics from Mechanical Engineering Department and Mathematical Foundations. The course will also focus on application verticals such as healthcare, agriculture, smart mobility, among many others.
Furthermore, the ethical impact of AI and its technologies on areas such as privacy, bias and related issues will also be a key component of this program.

Highlighting the salient features of the course, Sumohana Channappayya, Dean (Research and Development), IIT Hyderabad, said, “AI solutions are particularly promising for India (given the availability of a large corpus of data) where it can have a major positive impact on several critical domains such as healthcare, crop and soil management, weather prediction, surveillance and security, and defence. Long term and robust solutions to problems in these domains require a systematic and disciplined approach that is rooted in the fundamentals of AI. However, the demand for professionals trained in this area far exceeds the current supply. The B.Tech. program in AI is a step in the direction of addressing this highly skewed demand-supply scenario.”

Channappayya added that the potential for AI to improve the quality of human lives is tremendous. “This program will train students in the fundamentals of computer science, AI and ML in addition to sensitising them to the ethical issues in deploying AI-based solutions.”

Not just that, the institute is also giving a chance to students pursuing other degrees such as B.Tech. in Chemical Engineering or Mechanical Engineering to do a minor in AI as well from the coming academic year.

Speaking about this course, Vineeth N. Balasubramanian, Associate Professor, Department of Computer Science and Engineering, IIT Hyderabad, said, “It will provide training on various aspects of AI, ranging from technical ones like machine learning algorithms to ethical issues as well. It will make our students very sought after by the Industry as their training will be comprehensive and well-rounded when working on smart AI-based technology solutions.”

IIT Hyderabad is already offering M.Tech. in Data Science for working professionals that comprises Artificial Intelligence, Machine Learning and other related areas since 2015-16.

“The past alumni have initiated R&D projects after finishing the program and are also involved in collaborative Research projects with IIT Hyderabad. These courses, in addition to skill the Indian workforce, helps contribute to creating an ecosystem where industry and academia can closely discuss AI solutions and thereby bridge the gap between AI theory and practice,” Balasubramanian added.

IIT Hyderabad’s Department of Liberal Arts in collaboration with faculty from Computer Science and Electrical Engineering has also launched a unique Minor in ‘AI and Humanity.’

“The AI and Humanity minor at IIT Hyderabad will expose students to exciting opportunities and challenges presented by AI. Students will benefit from thinking beyond the purely technical aspects of AI: humanities and social science scholars will team up with engineers and designers to offer wide-ranging interdisciplinary perspectives on AI and Humanity as part of this newly launched Minor,” the statement further read.

Congress receives 1/5th of funds BJP gets from donors: Audit
Source:  The Economic Times
Friday, 18 January 2019 09:23

Congress reports state that only bonds worth 5 crore went to the party.

Cyient plunges 8% as investors react to fall in Q3 profit to Rs 92.3 crore
Source:  Moneycontrol
Friday, 18 January 2019 09:21

Cyient plunges 8% as investors react to fall in Q3 profit to Rs 92.3 crore Morgan Stanley is overweight on the stock with a target set at Rs 720.

Brokerages gives a thumbs up to RIL Q3 show; should you buy, sell, or hold?
Source:  Moneycontrol
Friday, 18 January 2019 09:21

Brokerages gives a thumbs up to RIL Q3 show; should you buy, sell, or hold? The oil-retail-to-telecom giant reported a better-than-expected 7.7 percent sequential growth in third quarter consolidated net profit at Rs 10,251 crore, driven by other income as well as telecom and retail segments.

To make Andhra an investment destination, Nara Lokesh to participate in World Economic Forum
Source:  The Siasat Daily
Friday, 18 January 2019 09:20

To make Andhra an investment destination, Nara Lokesh to participate in World Economic Forum

Amaravati: In a bid to strengthen Andhra Pradesh’s network with the global investment community and promote it as an investment destination, state IT Minister Nara Lokesh will participate in the upcoming 49th Annual Meeting of the World Economic Forum in Davos, Switzerland.

Chief Minister N Chandrababu Naidu will skip the event owing to prior engagements in the state.

The visit of Nara Lokesh is to “strengthen the state’s network with the global investment community, explore possibilities of collaboration and promote Andhra Pradesh as an investment destination,” a statement read.
The meeting will be held from January 22-25 and is expected to be attended by over 3000 leaders from across the world.

The Andhra Pradesh Lounge in Davos will showcase the prowess, strength, citizens, economy and culture of Andhra Pradesh.

The Andhra Pradesh Lounge will also hosts the Annual Global CEO Roundtable organised by the Confederation of Indian Industry and the Andhra Pradesh government.

Nara Lokesh will be leading the delegation from Andhra Pradesh to the World Economic Forum. The delegation consists of Poonam Malakondaiah, Principal Secretary to government, Health, Medical and Family Welfare Department, T Vijay Kumar, Adviser to government of Andhra Pradesh, Agriculture Department, Ajay Jain, Principal Secretary, EI and I, J Krishna Kishore, Chief Executive Officer APEDB and Ex-Officio Secretary to government, Solomon Arokiaraj, Secretary Industries, Ahmed Babu, Vice Chairman and Managing Director, APIIC and Ramanjaneyulu, Secretary, I&PR and Jitendar Sharma, Adviser to Health Department, the statement read.
“The event is attended by over 60 heads of states, heads of Fortune 500 companies, global innovators, heads of bilateral and multilateral institutions and heads of leading global educational and research institutions,” it added.

Andhra Pradesh Chief Minister has been invited as a guest of honour for over 15 times. He had also participated in the 48th World Economic Forum Annual Meeting, which took place between in January 2018.

Donald Trump missile defence review calls North Korea #39;extraordinary threat#39;
Source:  Moneycontrol
Friday, 18 January 2019 09:20

Donald Trump missile defence review calls North Korea #39;extraordinary threat#39; The talks could lead to an announcement of plans for a second Trump summit with North Korean leader Kim Jong Un after their meeting last year in Singapore, the source told Reuters.

Tesla to recall over 14000 Model S cars in China over faulty airbags
Source:  Moneycontrol
Friday, 18 January 2019 09:19

Tesla to recall over 14000 Model S cars in China over faulty airbags 14,123 Model S cars to be recalled over faulty airbag issue.

Wall Street advances as industrials jump on trade hopes
Source:  The Financial Express
Friday, 18 January 2019 09:19

S&P 500 industrial stocks, which have been sensitive to trade developments, rose 1.7 percent. They held most of their gains even as U.S. stocks pulled back from session highs after a Treasury spokesman said that Mnuchin had not made any such recommendations.

Huawei CFO Awaits Her Fate In Canadian Splendor
Source:  NDTV News
Friday, 18 January 2019 09:18

Meng's arrest at the behest of the US -- which wants to extradite her on grounds she tricked banks into potentially violating Iran sanctions -- has sparked an unprecedented diplomatic row.

Amidst Khalistan threat, ISIS module probe reaches Punjab
Source:  Oneindia News
Friday, 18 January 2019 09:17

New Delhi, Jan 18: The National Investigation Agency has widened its probe into the Islamic State inspired module that it had busted recently. A teacher from a madrasa was picked up for questioning after investigations learnt that he was allegedly linked

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