The humanoid robot to participate in Vizag Fintech Festival beginning Oct. 22
Sophia, the first social humanoid robot, will arrive in the city fully packed in a suitcase from Singapore to speak on the future of fintech on October 23.
Immediately on arrival on October 22, various devices of the robot, including Artificial Intelligence (AI) and embedded systems, will be assembled.
The next day, Sophia will speak briefly, and later take part in an interactive programme with financial experts, regulators, investors and IT professionals.
Chief Minister N. Chandrababu Naidu, known for his passion for new technologies, will be present on the occasion.
Sophia will be the star attraction at the Vizag Fintech Festival being organised from October 22 to 26 by the Fintech Valley Vizag, an initiative of the State government to create a sustainable and comprehensive ecosystem for the growth of fintech.
SingEx, Singapore, a venue management and consulting company, is coordinating the arrangements.
SingEx India head Baldeep Singh told The Hindu that the engineers and technicians controlling Sophia would fly to Visakhapatnam along with the robot.
Sophia was created by Hong Kong-based Hanson Robotics with the purpose of using such creations for the care of the elderly and crowd management at big events.
Sophia had hit the headlines after it was granted citizenship by Saudi Arabia and the United Nations Development Programme appointed it as its Innovation Champion.
It delivers speeches on pre-determined topics.
The robot is equipped with voice recognition technology and facial reading. Cameras are fixed in its eyes along with computer algorithms to see. It is capable of showing over 50 facial expressions like a human being.
“We are very excited over the arrival of Sophia and several fintech experts at the prestigious event. For the first time, the State government has instituted $1 million cash prize in association with DCF Ventures and Axis Innovation for winners of the Fintech Startup Challenge Contest,” said J.A. Chowdary, Special Chief Secretary and IT Advisor to the Chief Minister.
Mr. Chowdary, who led a team from Andhra Pradesh in conducting the challenge to select the finalists at roadshows in New York, San Francisco, Telv Aviv, Paris, London, Hong Kong and Bengaluru, said the response for investment to convert Visakhapatnam into a fintech hub was quite overwhelming.
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