Team Blitz India
NEW DELHI: The Government is planning to chart its own course in the field of artificial intelligence (AI) by laying the groundwork for a bespoke foundational model tailored to the needs of Indian companies, entrepreneurs, academics, and researchers, reported The Economic Timesciting sources.
This ambitious initiative will start with an initial investment of Rs 2,000 crore, slated for launch after the ongoing 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 India AI Mission.
“The Government will likely tap eminent higher education institutes and prominent researchers working on AI in the private sector to work on a foundational model,” a senior official said.
