Wingify’s Paras Chopra eyes India's new tech subsidy to bootstrap his new AI venture
Subscribe to enjoy similar stories. Wingify founder Paras Chopra has set his sights on getting access to subsidised graphic processing units (GPUs) from the government to help with his next big idea, a foundational artificial intelligence model. Last week, electronics and information technology minister Ashwini Vaishnaw announced at a press briefing that 10,000 GPUs at a common compute facility will soon go online.
The facility will be available to startups, academia, and developers through an online portal. The Centre will review requests for access to the GPUs based on requirements. GPUs are a critical electronic circuit that help speed up processing of images and videos in computing.
“Building a foundational model has to be government supported, because it’s really about capacity building and lifting the ecosystem," Chopra told Mint. The entrepreneur's new company, Lossfunk, comes at a time when discussion about foundational AI models has reached fever pitch. China’s DeepSeek recently revealed its own open-source model, R1, which is quite cost-effective, posing a challenge to other top AI models like OpenAI’s ChatGPT.
However, privacy experts have suggested that DeepSeek may not be as secure as other models, with most pointing to potential data leaks to the Chinese government. DeepSeek's privacy policy states that all user data is stored in China. In fact, Italy has instituted a complete ban on the company's app across the Google Play and Apple App stores in the country.
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