Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks


India doesn’t want to get left behind in the AI (artificial intelliengece) race globally. While the United States (US) and China have made the most major breakthroughs in the world of AI, India wants to catch up fast. The Indian government is in the final stages of evaluating the AI large language models (LLM). Union minister Ashwini Vaishnaw said that very soon, the government will start awarding the first few LLMs and then these LLMs will start getting funding under the AI Mission.
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India wants its own foundational AI LLM model. This is an expensive affair, and the government is ready to fund the initiative. For the AI Mission, around Rs 10,000 crores were allocated last year. The government wants to host an open-source LLM model like how some other countries have managed to do.
According to an ANI report, Ashwini Vaishnaw, on Monday said, “A large number of industries have started creating AI applications and many of them have been recognised by the AI mission.”
He further added, “We see huge adoption of AI technology by industries. My interaction with education, healthcare and industrial organisations shows that people are adapting AI in a very big way for multiple uses. So that’s a very positive thing, and that also means we will be able to get the most productive advantage out of this AI revolution.”
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