The Karnataka Cabinet has approved the establishment of a centre of excellence for artificial intelligence in Biotechnology (AI-CoE) at the Institute of Bioinformatics and Applied Biotechnology (IBAB) in Electronics City (Phase 1), Bengaluru. The centre will be set up over four years with a total outlay of Rs 200 million, in partnership with IBAB and the Centre for Cellular and Molecular Platforms.
The government said Karnataka’s departments of electronics, information technology, biotechnology, and science and technology are proactively investing in emerging technologies and taking steps to strengthen the state’s AI and deep tech ecosystem.
The cabinet also approved the transfer of a 51 per cent stake in the Karnataka Technology and Innovation Museum Foundation (KTIMF) to Unboxing BLR Foundation. KTIMF was established by the government of Karnataka as a not-for-profit organisation to promote innovation, technological awareness, startup culture, and public engagement in science and technology, in line with the state’s vision of building a robust innovation ecosystem.
The KTIMF will be developed at the NGEF campus in Baiyappanahalli, east Bengaluru, under a public-private partnership model, with a total project cost of Rs 1 billion. Of this, Rs 490 million will be contributed by the state government and Rs 510 million by the private partner.