Made-in-India AI in 8-10 months

"THERE ARE at least six major developers who could create foundational models within 8-10 months at the latest, and possibly within 4-6 months under more optimistic estimates," Vaishnaw said.

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He emphasized that algorithmic efficiency is crucial, as it can enable model development at significantly lower costs and shorter time-frames than current global benchmarks. Many Indian researchers are already working on similar concepts, and India is poised to build world-class foundational AI models.

To facilitate AI foundational model development, the government on Thursday invited proposals from startups, researchers, and entrepreneurs. It will explore various models like initially providing direct funding to startups, with milestone-based disbursements. Financial support may come in the form of direct grants or computational credits for AI computing. Additionally, an equity-based funding model is also under consideration, wherein the India AI initiative may invest further by acquiring stakes in AI startups.