Introduction
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
History
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.
IBM with AI
IBM IIT Bombay AI Research - IIT Bombay and IBM team up to accelerate AI research in India. IIT Bombay is one of the preeminent research institutes in the world. IIT Bombay has a long history in data mining and information retrieval systems.
1. Indian Institute of Technology and IBM have joined hands for to improve the Artificial intelligence in new and efficient way.
2. IIT - Bombay is the 9th institute which is associated with IBM.
3. The main aim of the IBM IIT Bombay AI Research association is to advance and accelerate the application of AI.
4. The teams which are under the association of IBM will work on new techniques in AI. Teams will investigate new techniques for knowledge representation across documents, graphs, charts, and other forms of multi-media content.
5. IBM IIT Bombay AI Research association will be critical in helping to develop new AI applications in key industries such as financial services, retail and healthcare, which rely heavily on rich, multi-modal content.
6. The combination of IBM and IIT Bombay can create wonders with the help of IBM employees and top level engineering students knowledge and experiences.
7. The IBM IIT Bombay AI Research collaboration primarily aims to advance the field of training and building domain-specific AI agents (chatbots), which are designed to aid humans in complex decision making such as making trading and investment choices in financial services.
8. IIT Bombay institute is very famous for data mining and information retrieval concepts.
9. The IIT - Bombay is first institute outside of North America to collaborate with IBM in AI research.