New Delhi, July 28 -- In a significant step toward strengthening India's AI and drone technology ecosystem, MiPhi Semiconductors, a joint venture between Micromax Informatics and Phison Technologies, today announced the signing of a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Bombay (IIT Bombay). This collaboration focuses on accelerating the research, development, and commercialization of AI-powered hardware and software solutions, with a key emphasis on advancing AI-Powered Drone Innovation.

Under this academic-industry collaboration, MiPhi and IIT Bombay will work together to develop next-generation AI solutions, creating a first-of-its-kind platform for innovation that leverages IIT Bombay's academic ex...