NEW DELHI : The Union cabinet has approved a ₹10,372-crore India AI Mission that will provide funding for deep-tech AI startups as well as seek to develop an open-source database that can be used to train artificial intelligence models and other applications. The mission will also provide a framework for developing graphic processing units (GPUs) under public-private partnerships as well as multi-model, domain-specific large language models that power generative AI platforms.
“A multi-faceted comprehensive framework has been created to bolster an AI-based solutions ecosystem in India," Union minister of commerce Piyush Goyal said at a briefing following the cabinet approval on Thursday. “The Mission listed seven key objectives—building compute capacity…; innovation centres to build LLMs that will cater to singular industries; a datasets platform to offer non-personal data for all interested parties; an ‘application development initiative’ that will create a marketplace for AI services that will be commercially marketed; a ‘FutureSkills’ initiative that will create AI courses in undergraduate, postgraduate and research divisions; a startup funding initiative that will “support and accelerate deep-tech AI startups and provide them streamlined access to funding to enable futuristic AI projects," Goyal said.
It will also recognize “the need for adequate guardrails to advance the responsible development, deployment, and adoption of AI"—in order to build what the government refers to as ‘safe and trusted AI’. The government will create two or three innovation centres to develop domain-specific LLMs, Goyal said.
Read more on livemint.com