IIT Delhi gets ₹75 crore for AI
IIT Delhi received a ₹75 crore donation from alumnus Anant Yardi to expand AI research at the Yardi School — a major funding boost for campus AI initiatives. That investment could create more research and internship opportunities for students working on ML pipelines and applied AI projects. (news.careers360.com)
Anant Yardi had previously committed a $10 million gift to IIT Delhi in November 2021 that was designated for the institute’s School of Artificial Intelligence. (iitd.ac.in)) IIT Delhi’s Yardi School of Artificial Intelligence was established in September 2020 and formally aggregates more than 40 faculty members from across departments to work on AI, machine learning and data-science research. (theweek.in)) IIT Delhi’s public statement on the latest contribution specifies that a portion will be channelled to the institute’s Infrastructure Renewal and Expansion Programme, whose first phase targets development of new student housing and a new academic building. (news.careers360.com)) Anant Yardi is the founder and chairman of US-based Yardi Systems and is described in media reports as a 1968‑batch alumnus of IIT Delhi; PTI listed his age as 79 at the time of the announcement. (moneycontrol.com)) Hindi-language reporting from the alumni event where the gift was announced notes this fresh pledge was described as an “additional” contribution that brings Yardi’s cumulative donations to the institute to ₹150 crore. (livehindustan.com)) IIT Delhi and news wires highlighted the Yardi ScAI’s interdisciplinary focus areas—healthcare, materials science, robotics, Industry 4.0, weather prediction and transportation—which the institute says the funded labs and facilities aim to support. (theweek.in))
