Wave Group plans investment worth Rs 10 crore in Artificial Intelligence
Real estate developer Wave Group has plans to invest Rs 10 crore in Artificial Intelligence (AI) technology for its Wave City project in Delhi NCR. AI-powered features to be introduced in Wave City include an Intelligent Traffic Management System, which ensures efficient traffic control based on volume by utilizing location tracking on buses and video analytics.
Wave Group wants to develop the region's first Hi-tech Operational Smart City with an aim to establish new standards for sustainable living, affordability, and cutting-edge services, all powered by advanced AI-managed systems.
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