Cabinet Sanctions India AI Mission with Outlay of Rs 10,372 Crore By CIOTechOutlook Team

Cabinet Sanctions India AI Mission with Outlay of Rs 10,372 Crore

CIOTechOutlook Team | Friday, 08 March 2024, 04:49 IST

The Union Cabinet Sanctioned the 'India AI mission' with an expense of Rs 10,371.92 crore for a time of five years, to give a further push for AI in India. The declaration was made by Union Minister Piyush Goyal at a cabinet preparation, where he emphasized the need to have a robust environment for advancing the tech in the nation.

"The IndiaAI mission will establish a comprehensive ecosystem catalyzing AI innovation through strategic programs and partnerships across the public and private sectors. By democratizing computing access, improving data quality, developing indigenous AI capabilities, attracting top AI talent, enabling industry collaboration, providing startup risk capital, ensuring socially impactful AI projects and bolstering ethical AI, it will drive responsible, inclusive growth of India's AI ecosystem," the government said in a release.

All set to be executed by the 'IndiaAI' Independent Business Division (IBD) under Digital India Corporation (DIC), this mission is set to have eight parts including IndiaAI Figure Limit, IndiaAI Development Center, a dataset stage among others.

The public authority additionally plans to produce highly skilled employment opportunities with this mission. As a component of building a uber registering office, the public authority means to add AI compute infrastructure of at least 10,000 Graphics Processing Units (GPUs), worked through public-private agreement.

"Further, an AI marketplace will be designed to offer AI as a service and pre-trained models to AI innovators. It will act as a one-stop solution for resources critical for AI innovation," the government said.

Also, the advancement places will attempt the turn of events and arrangement of indigenous Large Multimodal Models (LMMs) and space explicit central models in basic areas.