Cabinet Approves Over Rs 10,300 Crore for India AI Mission

• The Cabinet has greenlit an ambitious financial allocation of over Rs 10,300 crore for the IndiaAI Mission, aimed at fortifying India’s AI innovation ecosystem. Spearheaded by a public-private partnership model, this significant investment over the next five years is poised to catalyze various strategic initiatives, including compute infrastructure expansion, startup empowerment, and ethical AI deployment.
• The IndiaAI FutureSkills program aims to expand AI education by increasing accessibility to graduate and post-graduate AI programs. By establishing Data and AI Labs across major cities and smaller towns, this initiative seeks to impart foundational-level courses in Data and AI, democratizing AI education.
• Aligned with the broader vision of the IndiaAI Mission, these initiatives are poised to propel India’s global leadership in AI, ensure ethical AI deployment, and democratize the benefits of AI across all segments of society.

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Published date : 23 May 2024 03:35PM