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GOVT ALLOCATES RS 2,000 CR FOR CUSTOM Al MODEL
The Business Guardian
|May 23, 2024
The government is planning to chart its own course in the field of artificial intelligence AT) by laying the groundwork for a bespoke foundational model tailored to the needs of Indian companies
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The government aims to carve its path in artificial intelligence (AI) with a tailored foundational model designed for Indian companies, entrepreneurs, academics, and researchers. This ambitious initiative, set to begin with an initial investment of Rs 2,000 crore, is scheduled for launch following the 2024 Lok Sabha elections.
Expected to position India among nations like China and the US, which have already embarked on similar initiatives, the proposed endeavour may be led by the IndiaAI Innovation Centre. This centre is expected to be established under the Rs 10,000 crore IndiaAI Mission.
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