Vineet Singh, a former tech expert from Tesla, Apple, and General Motors, has teamed up with Gauss Moto and Lizmotors Mobility to esta blish Elevatics AI, a training platform in India.The initiative aims to address the significant demand-supply gap for skilled professionals in Artificial Intelligence. The platform will be set up in five to eight major metros by FY 24-25, involving an investment of US$ 50 million.
Elevatics AI will be the country’s first third-party training academy, focusing on empowering learners with essential skills and knowledge to excel in leadership roles in the technology sector. The course, currently in the pilot phase and scheduled to begin in August, will be offered at a price range of US$ 2500 to US$ 3000. It will be divided into two cohorts for weekdays and weekends, accommodating 50 learners each over a six-month period.
The training program will cover various aspects of mobility, including the latest trends and innovations in transportation, electric vehicles, autonomous systems, and connected technologies. Additionally, it will emphasize emerging technologies such as blockchain, Internet of Things (IoT), computer vision, and edge computing. Elevatics also plans to offer scholarships to exceptional candidates with demonstrated expertise in AI, Machine Learning, Robotics, or other relevant technology fields. Vineet highlighted the significance of investing in AI, using Tesla as an example of advanced in-house technology that has made it a standout choice for consumers. He urged Indian OEMs to focus on investing in AI rather than relying solely on Tier 1 component suppliers. Noting that the cost of AI hardware surpasses a billion dollars, Vineet mentioned that technology development for OEMs now largely relies on Tier-1 suppliers like Bosch, Continental, and Aptiv, who have become key solution providers to the automotive industry.