Startups

India Will Spend Rs 10,000 Crore To Procure 10,000+ AI Processors For Unleashing AI Revolution! – Trak.in

Union IT Minister Ashwini Vaishnaw announced the upcoming rollout of the Rs 10,000 crore India AI Mission within the next two to three months. Speaking at the Global IndiaAI Summit 2024, Vaishnaw outlined the mission’s goals, which include procuring over 10,000 graphics processing units (GPUs) through a public-private partnership. This initiative aims to leverage industry efficiencies for broader societal benefits.

India Will Spend Rs 10,000 Crore To Procure 10,000+ AI Processors For Unleashing AI Revolution!

“We will procure 10,000 or more graphics processing units (GPUs) under a public-private partnership so that the efficiencies of the industry can be harnessed for a bigger cause. We will also have an AI innovation centre, high quality data sets which can add more value to the efforts of startups, and an application development initiative where apps relevant to our socio-economic problems can be developed. We will have a huge focus on skill development,” Vaishnaw said.

Government and Private Sector Collaboration

The India AI Mission, approved by the previous Union Cabinet, aims to boost investments in the AI sector by encouraging private companies to establish data centers in India. This would provide startups with the resources needed to test and develop generative AI models. The initiative underscores the government’s commitment to making advanced technology accessible to all, rather than being confined to a few major tech companies or government entities.

Addressing Global AI Challenges

Vaishnaw highlighted the global challenges posed by AI, including misinformation and disinformation, as seen during recent elections. He acknowledged the relevance of international interventions like the European Union’s AI Act and the United States’ executive order on AI. These measures aim to regulate and mitigate the risks associated with AI, ensuring that its benefits are widely accessible.

“These are very relevant for all of us. We are all facing the same challenges, the global south is looking at universal support, thought process…” Vaishnaw said. He emphasized the need for a collective approach to managing AI’s impact on society and businesses.

Focus on Skill Development and Innovation

A key component of the India AI Mission is skill development. The government plans to establish an AI innovation center and create high-quality data sets to support startups. The mission will also promote the development of applications that address socio-economic problems, ensuring that AI technology contributes to the broader public good.

Conclusion: Democratizing AI for Societal Benefits

The India AI Mission represents a significant step towards democratizing access to advanced AI technology in India. By fostering collaboration between the government and private sector, and focusing on skill development and innovation, the mission aims to harness AI’s potential for addressing socio-economic challenges. As India embarks on this ambitious initiative, it sets the stage for a more inclusive and technologically advanced future.

The launch of the India AI Mission is a testament to the government’s vision of leveraging AI to drive societal progress and economic growth. With its focus on accessibility, innovation, and skill development, the mission has the potential to transform the AI landscape in India and beyond.

Image Source


Show More

Related Articles

Back to top button