IBM is an Acronym form of the Famous American Multinational Information Technology Company "International Business Machines Corporation" and is headquartered in Armonk, New York, with operations in over 170 countries. IBM was established in 1911 and was named as Computing - Tabulating - Recording Company. In 1924 again CTR was renamed as "IBM". IBM is one of the world's best Software and Hardware Company. The IBM IIT Bombay AI Research association "aims to accelerate the pace of innovation for AI in India, working hand-in-hand with some of the top scientists and research scholars in the country".
Artificial Intelligence: Artificial Intelligence is an opposite form for Natural Intelligence and is primarily also known as Machine Intelligence . In Computer Science Language, Artificial Intelligence is, the intelligence demonstrated by the machined. Computer science defines AI research as the study of "intelligent agents": any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
Kaplan and Haenlein define AI as “a system’s ability to correctly interpret external data, to learn from such data, and to use those learning to achieve specific goals and tasks through flexible adaptation”. In a nutshell, the term "artificial intelligence" is used to describe machines that mimic "cognitive" functions that humans associate with other human minds, such as "learning" and "problem solving".
Need of AI
AI(Artificial Intelligence) is efficient and effective. AI simplifies several human tasks and is also time efficient. AI emphasizes the creation of intelligent systems for the purpose of learning, and problem solving.Ex: Self-driving cars
IIT - Bombay is one of the preeminent research institutions in the world. IIT Bombay was established in 1958 with the cooperation and participation of the UNESCO:United Nations Educational, Scientific and Cultural Organization. IIT is prominently known for its leadership in data mining and information retrieval systems. With the IIT-, IBM partnership, IIT aims to pair its world-class faculty and top graduate students with leading AI scientists from IBM Research – India primarily to advance and accelerate the application of AI, machine learning, natural language processing and related technologies to business and industry.
The IIT - Bombay Institute is located at Powai, in Mumbai. It is located in 550 acres.The first academic seminar was conducted on 25th July, 1958.