Goyal announced outlay of Rs 10,371.92 crore to fund an ambitious IndiaAI Mission.
Goyal stated that a comprehensive framework for India's AI mission has been developed to foster the AI ecosystem. Additionally, over 10,000 GPUs will be acquired through public-private partnerships to support a robust AI computing system, facilitating the establishment of an AI marketplace.
The release said IndiaAI Compute Capacity, the compute pillar, will build a high-end scalable AI computing ecosystem to cater to the increasing demands from India's rapidly expanding AI start-ups and research ecosystem.
IndiaAI Innovation Centre will undertake the development and deployment of indigenous Large Multimodal Models (LMMs) and domain-specific foundational models in critical sectors.
IndiaAI FutureSkills is conceptualized to mitigate barriers to entry into AI programmes and will increase AI courses in undergraduate, master-level, and PhD programmes. Further, Data and AI Labs will be set-up in Tier 2 and Tier 3 cities across India to impart foundational-level courses.
“It will also create highly skilled employment opportunities to harness the demographic dividend of the country. IndiaAI Mission will help India demonstrate to the world how this transformative technology can be used for social good and enhance its global competitiveness,” the release said.
