What is India's goal regarding artificial intelligence?

India aims to build global consensus on the ethical and proper use of AI to benefit humanity and contain harms from improper use.

How much investment does India expect in the AI sector?

India expects investments totaling $200 billion across the AI stack over the next two years.

What is the projected number of deeptech startups in India?

It is projected that 50 deeptech startups will emerge from India in the coming years.

Home / Technology / India Targets AI for Global Good, $200B Investment Eyed

India Targets AI for Global Good, $200B Investment Eyed

17 Feb

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Summary

India aims to foster global consensus on ethical AI use.
The nation anticipates $200 billion in AI stack investments.
Fifty deeptech startups are expected to emerge from India.

India Targets AI for Global Good, $200B Investment Eyed

India is actively working to establish a global consensus among leaders regarding the ethical and proper application of artificial intelligence. The objective is to harness AI for the betterment of humanity and to proactively address potential harms from its misuse. This initiative was highlighted by Union IT minister Ashwini Vaishnaw.

The nation is poised for substantial growth in the AI sector, with projections indicating an investment of $200 billion over the next two years. This investment is expected to span across five crucial layers of the artificial intelligence stack. Furthermore, a significant increase in deeptech startups is anticipated, with estimates suggesting the emergence of around 50 such companies from India.

To support this ambitious agenda, the government plans to significantly expand its computing resources. Orders for an additional 20,000 GPUs are to be placed shortly, supplementing the existing infrastructure. These new resources are slated for deployment within the next six months, bolstering capabilities for startups, researchers, and students and ensuring technology accessibility.

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