New Delhi, Jan. 29 -- The Indian Institute of Management Ahmedabad (IIMA) on Thursday exchanged a Memorandum of Understanding (MoU) with Chandrika Krishnamurthy Tandon and Ranjan Tandon for the establishment of the Krishnamurthy Tandon School of Artificial Intelligence at IIMA, Ministry of Education said on Thursday.

The MoU was exchanged in the esteemed presence of Union Education Minister Dharmendra Pradhan and Ambassador Vinay Kwatra virtually in the USA.

The School will be established through a generous endowment of Rs 100 crore by Chandrika Krishnamurthy Tandon, an alumna of IIMA's PGP Class of 1975, and Ranjan Tandon.

Speaking on the occasion, Dharmendra Pradhan expressed his happiness to witness the exchange of the MoU for setti...