The Bahrain Economic Development Board (EDB) and the Department of Information Technology; Biotechnology; and Science & Technology, Government of Karnataka, on Friday (January 24), signed a Memorandum of Understanding (MoU) to promote cooperation in artificial intelligence (AI), fintech and other emerging technologies to foster innovation and startup growth.
It aims to help build robust fintech, AI, IoT and cybersecurity ecosystems.
Further, the MoU also aims to develop education programmes and curriculum related to fintech, AI, IoT and cybersecurity.
Dr. EV Ramana Reddy, IAS, Additional Chief Secretary at the Department of IT, BT and S&T, Government of Karnataka, said, “We are indeed pleased to sign this agreement with Bahrain Economic Development Board.
Parties of today’s cooperation are setting the foundation for a long-term partnership in the fields of fintech, IoT, AI and cybersecurity.”In the NITI Aayog’s first-ever India Innovation Index, Karnataka topped the charts among major states in the country. | To read full story, visit https://startuparound.com/read/1579876205.4504418/Karnataka,-Bahrain-Sign-MoU-To-Boost-AI-And-Fintech-Startup-Ecosystem?ref=audio_experience