Lucknow, March 28 -- The Uttar Pradesh government has cancelled a Rs.25,000 crore MoU signed with Bengaluru startup Puch AI for developing AI infrastructure in the state, citing lack of financial credibility the part of the firm.
The move comes following questions raised over the startup's capacity to undertake such a large-scale project.
Chief minister Yogi Adityanath had on March 23 said the proposed investment would facilitate the establishment of AI Parks, large-scale data center infrastructure, AI Commons, and an AI University to the state. P6
Published by HT Digital Content Services with permission from Hindustan Times....