Axis Bank, IISc set up mathematics, computing centre

NT Correspondent

Bengaluru: India’s third largest private sector bank, Axis Bank signed a Memorandum of Understanding (MoU) with the Indian Institute of Science (IISC), Bangalore yesterday to establish a centre dedicated to Mathematics and Computing.

The Axis Bank Centre for Mathematics and Computing is the country’s foremost comprehensive research facility. It will push the aid of development in the field of artificial intelligence and data sciences with a contemporary and futuristic mindset attached to the conviction.

Amitabh Chaudhry, MD, and Ceo Of Axis bank said, “We decided to dedicate a centre for Mathematics and Computing as we feel that education is a constantly evolving space and has remained consistent regardless of the effects of the pandemic. It is a small venture to support the Indian youth.”

The center will have some of the state of the art amenities with labs, a 1.6 lakh sq feet area, and guidance from professors from 20 departments. New courses like the IISC B Tech program in Mathematics and Computing and the PhD programme i n Mathematics and Sciences will begin operations.

Prof Govindan Rangarajan, Director of IISC said,” This venture gives way to innovation and research. Being a part of this assembly will help departments like Computational Fluid Dynamics, Quantum Computing, Digital Health, Material Genomics, and many more.”