Nazara Technologies, the sole listed diversified gaming and esports company in India, has executed a significant Memorandum of Understanding (MoU) with the Government of Telangana.
Nazara’s objective is to establish a groundbreaking AI Center of Excellence (AI CoE) that concentrates on gaming and digital entertainment.
This partnership will establish Nazara as a leader in the AI-driven gaming and digital entertainment sector, while also establishing Telangana as a global center for AI innovation.
The Nazara AI CoE will facilitate research, development, and innovation in digital content, including gaming, interactive media, and gamified learning, by utilizing state-of-the-art technologies such as AI, blockchain, VR/AR, and Web 3.0.
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The Nazara AI Center of Excellence endeavors to empower a dynamic and inclusive community by nurturing policy development, supporting startups, enhancing skills, and engaging global expertise.
Nitish Mittersain, Jt. MD & CEO, Nazara Technologies, said: “Telangana’s proactive approach in fostering industry growth through public-private partnerships and policy development has created the ideal ecosystem for this initiative. This collaboration will enable Nazara to further our mission of integrating AI and emerging technologies across our diverse portfolio, positioning us as a leader in AI-driven innovations in gaming and digital entertainment.”
Hon’ble Minister for Information Technology and Industries, Mr. D. Sridhar Babu, said: “This partnership with Nazara Technologies, a leader in Indian gaming, marks a significant step in positioning Telangana as a global leader in AI-driven digital innovation. The Nazara AI CoE will empower startups, enhance skills, and attract cutting-edge technology investments, creating a diverse and dynamic ecosystem. By joining forces with Nazara, we are committed to driving economic growth and setting new standards in responsible AI applications in gaming and beyond.”
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