In recent years, Indiana’s leaders and businesses have worked tirelessly to create a brighter future for all Hoosiers by embracing new and exciting technologies. Leading the pack to these emerging technologies is artificial intelligence and the possibilities that AI can create. Fortunately, our leaders are once again not missing a beat and are positioning our state as an AI economic leader. We here at Evansville Regional Economic Partnership could not be more excited about this future and these developments in AI.
There are numerous reasons why Indiana has become a beacon for AI businesses and their leaders. First, we have an incredible regulatory environment that, instead of holding AI back due to misconceptions and rumor, encourages and fosters growth in newer technologies. In Indiana we also have a talented workforce for tech companies and entrepreneurs to pull from, developed by our state’s world-class universities. Thus, when an AI company or leader considers Indiana, everything they need is available.
Examples of the tech progress being made are evident across the state. Purdue University, for instance, has grown its semiconductor laboratory into one of the best in the world thanks to being host to one of the country’s 31 designated technology hubs and being officially designated a leading state in microtechnology. This did not go unnoticed as in April of this year, South Korean microchip company SK Hynix announced plans to invest $4 billion in a factory near Purdue that will manufacture the newest and most sophisticated microchips. These chips will be used for a range of technologies, but particularly in artificial intelligence…