Mar 8, 2025
The government will set up the Centre for Applied AI and Technology Solutions (CATS) with an investment of Rs 50 crore spread over five years to foster research and development in artificial intelligence (AI).
Image Source: TOI.in
An AI-based Government Order Summary and Information Extraction Tool will help officials and citizens easily access information about government orders, policies, and schemes.
Image Source: ANI
The government will introduce the Local Economy Accelerator Programme (LEAP) with a Rs 1,000 crore grant to support startups outside Bengaluru. Of this, Rs 200 crore has been allocated for this financial year.
Image Source: IANS
The LEAP initiative aims to create five lakh jobs across the state.
Image Source: iStock
The startup ecosystem will span Mysuru, Mangaluru, Hubballi-Dharwad and Kalburgi.
Image Source: Getty Images
The grant will allocate Rs 300 crore for a Fund-of-Funds, with an additional Rs 100 crore earmarked for deep-tech development.
Image Source: iStock
Foxconn (Hon Hai Precision Industry Co Ltd) will receive an incentive of Rs 6,970 crore under Karnataka’s Electronics System Design and Manufacturing (ESDM) policy.
Image Source: Agencies
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