Eros Investments signed a MoU with the Gujarat Government to set up India’s first AI (Artificial Intelligence) Park during the pre-summit meeting held at Gandhinagar on Wednesday, January 03. The project will be named ‘Immerso AI Park’ and will be set up in GIFT City at an estimated cost of INR 16,000 Crore.
The first phase of the project is anticipated to be operational in Mid-2025 and will comprise AI university and the initial phase of the AI cloud, catering to both public and private commercialization needs.
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The strategic framework of Immerso AI Park is rooted in ethical AI, utilizing the world’s largest archive, training data, and tokens. It serves as a platform for academia, the startup ecosystem, and large-scale enterprise technology companies by building native models across various industry verticals.
Immerso AI Park aims to provide dedicated space and opportunities for international startups specializing in deep technology and generative AI, as well as incubation for research and training purposes.
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