LLM, deeptech incentives top on startups’ wish list

POLICY SUPPORT NECESSARY FOR INDIGENOUS AI, SAY FOUNDERS

- AYANTI BERA

WITH THE UNION BUDGET approaching, startups and investors are intensifying calls for targeted incentives to support large language models (LLMs) and deeptech, alongside long-pending demands for tax clarity and easier access to capital.

Founders maintain that without sustained policy backing for indigenous artificial intelligence (AI) and long-cycle research, the country risks falling behind in the development of globally competitive technology platforms.

According to them, policy support for indigenous AI and sustained research funding will be critical if the country is to build globally competitive technology platforms rather than remain a downstream adopter.