The Indian Cabinet, led by Prime Minister Shri Narendra Modi, has greenlit the ambitious IndiaAI mission, allocating a substantial budget of Rs. 10,371.92 crore. This initiative aligns with the vision of bolstering AI innovation within India and leveraging AI for the nation’s advancement. The mission aims to establish a robust AI ecosystem through a strategic public-private partnership approach.
Establishment of India AI Innovation Centre (IAIC)
- IAIC will serve as a premier academic institution, facilitating efficient implementation and retention of top research talent.
- Focus on developing and deploying foundational AI models, particularly emphasizing indigenous Large Multimodal Models (LMMs) and domain-specific models.
- Leveraging edge and distributed computing to optimize efficiency.
Enhancing AI Startup Financing Mechanism
- Provision of funds to fortify the India AI Startup Financing mechanism, easing access to funding for budding AI startups.
- Catalyzing the journey of startups from product development to commercialization.
National Data Management Office Setup
- Coordination with government departments and ministries to enhance data quality and availability for AI development and deployment.
- Aims to streamline data management processes to support AI initiatives effectively.
Scaling AI Computing Infrastructure
- Proposal includes setting up best-in-class AI computing infrastructure at five locations.
- Targeting 3,000 AI Petaflops computing power, significantly surpassing current capacities.
- Inference Farm (2,500 AI PF) and Edge Compute (500 AI PF) systems to be established.
