kolkata goldman sachs has entered into a twoyear research collaboration with the iit kharagpur ai centre of excellence to create valuable intellectual property assets and ai techniques that can benefit a range of companies globally the pandemic has pushed both consumers and businesses alike to digitally adapt such collaborations will advance ai research and create opportunities for companies that can innovate for enhanced consumer experiences in a datadriven world designing ai models that work at scale and drive informed decisions will further lead to operational efficiencies and timely risk mitigation across industry sectors including financial services said koustuv dasgupta head of rd engineering at goldman sachs services in india this collaboration will develop deeplearningbased ai techniques that can train systems to automatically read and summarise financial documents identify key narratives and forecast potential global events further the ai models developed can help train systems to achieve maximum accuracy from small datasets he addedbeginning in july last year this is a firstofitskind engineering study partnership of the firm with an iit that aims to build worldclass competency in ai and deep fintech leveraging the extensive ecosystem of ai research in indian academia as part of a strategic multiyear roadmap to build an ai centre of excellence in india we are hiring talent across ai machine learning and natural language processing domains at our bengaluru and hyderabad offices the firm is keen to collaborate with academia industry bodies and tech startups in india and globally to drive innovations in the finance domain that include disruptive technology solutions and platforms including distributed ledger technologies enterprise blockchain and digital assets that will shape the future of decentralized finance added dasgupta