Categories: Agreements

IISC, Axis Bank Ink Pact For Maths, Computing Centre

Axis Bank has signed an agreement with the Indian Institute of Science (IISc), Bengaluru, to establish a Centre for Mathematics and Computing at the institute. The Axis Bank Centre for Mathematics and Computing is India’s first comprehensive Academic Research Centre on Mathematics and Computing. It will play a vital role in building the nation’s future as many contemporary and futuristic areas such as Artificial Intelligence and Data Science rely on the foundations of mathematics and computing.

More About This Development:

Spread over 1.6 lakh square feet of space, the Centre will have state-of-the-art labs and programmes that will benefit faculty and students from more than twenty departments of IISc. The Centre will host the new IISc B.Tech programme in Mathematics & Computing and the ongoing Interdisciplinary PhD programme in Mathematical Sciences. It is expected that over 500 engineers and scientists will benefit from the Centre every year.

Significance of This Centre:

Mathematics and Computing are at the core of critical disciplines like Computational Fluid Dynamics, Computational Biology, Quantum Computing, Precision Medicine, Digital Health, Climate Science, Materials Genomics, Cybersecurity, AI, ML, and Data Science.

The Axis Bank Centre for Mathematics and Computing will provide a platform for exploring and advancing research and innovation in the above areas. The state-of-the-art facility will also serve as a training ground for the next generation of leaders in these fields, offering a range of educational and professional development opportunities for students and faculty.

Adda247 Yearbook 2022 Download PDF

Find More News Related to Agreements

Piyush Shukla

Recent Posts

Legendary Malayalam Filmmaker Shaji N Karun Passes Away at 73

The Malayalam film industry lost a giant with the passing of Shaji N Karun, one…

13 hours ago

RBI Directs Banks to Ensure Regular Dispensing of ₹100 and ₹200 Notes

In a move aimed at improving accessibility to frequently used currency denominations, the Reserve Bank…

13 hours ago

Top Military Spenders of 2024-25: India’s Position in the Global Military Expenditure Race

In 2024-25, the global military expenditure saw a remarkable rise, with nations allocating significant portions…

13 hours ago

RBI Imposes Fines on IOB and Mahindra & Mahindra Financial Services Limited for Non-Compliance

In a recent move to uphold regulatory discipline in the financial sector, the Reserve Bank…

13 hours ago

River Cities Alliance (RCA) and Urban River Management Plans (URMPs)

Urbanization along riverbanks has historically enabled human settlements to flourish. However, rapid and unplanned urbanization…

14 hours ago

India Clinches Record 83 Gold Medals at the 2nd Asian Yogasana Sport Championship

India has once again affirmed its global leadership in yogic sports with a historic performance…

14 hours ago