Published 20:46 IST, March 7th 2024

Govt nods allocation of Rs 10,372 crore for India AI mission in next 5 years

Under the India AI Mission, startups, academic institutions, researchers, and industries will gain access to this cutting-edge AI supercomputing infrastructure.

Reported by: Business Desk
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Union Minister Piyush Goyal | Image: ANI
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India AI Mission: The Cabinet has greenlit the India AI Mission, allocating Rs 10,372 crore over five years, announced Union Minister Piyush Goyal on Thursday.

The earmarked funds will be directed towards establishing a robust computing infrastructure. Goyal elaborated that this initiative will entail the provision of supercomputing capacity, boasting over 10,000 GPUs, to facilitate the development of an extensive AI ecosystem.

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Under the India AI Mission, startups, academic institutions, researchers, and industries will gain access to this cutting-edge AI supercomputing infrastructure, Goyal added during a press briefing post the Cabinet meeting.

Furthermore, the mission will establish a National Data Management Officer, tasked with collaborating with various government departments and ministries to enhance data quality and accessibility for AI development and deployment efforts. 

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(With PTI inputs)

20:46 IST, March 7th 2024