{"id":11447,"date":"2024-03-09T13:38:24","date_gmt":"2024-03-09T11:38:24","guid":{"rendered":"https:\/\/forklog.com\/en\/india-allocates-1-25-billion-for-ai-development\/"},"modified":"2024-03-09T13:38:24","modified_gmt":"2024-03-09T11:38:24","slug":"india-allocates-1-25-billion-for-ai-development","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/india-allocates-1-25-billion-for-ai-development\/","title":{"rendered":"India Allocates $1.25 Billion for AI Development"},"content":{"rendered":"<p>The Indian Cabinet has approved the allocation of over 103 billion rupees (approximately $1.25 billion) for the IndiaAI initiative, which aims to &#8220;empower AI startups and expand access to computing infrastructure.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A landmark day for tech and innovation! The Cabinet\u2019s approval for the IndiaAI Mission will empower AI startups and expand access to compute infrastructure, marking a giant leap in our journey towards becoming a global leader in AI innovation. <a href=\"https:\/\/t.co\/NyCAiMLoHs\">https:\/\/t.co\/NyCAiMLoHs<\/a> <a href=\"https:\/\/t.co\/bXfb6PwpgK\">https:\/\/t.co\/bXfb6PwpgK<\/a><\/p>\n<p>\u2014 Narendra Modi (@narendramodi) <a href=\"https:\/\/twitter.com\/narendramodi\/status\/1765793972461420888?ref_src=twsrc%5Etfw\">March 7, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Indian Prime Minister Narendra Modi described it as a &#8220;landmark day for tech and innovation.&#8221; According to him, the decision &#8220;marks a giant leap in the country&#8217;s journey towards becoming a global leader in AI innovation.&#8221;<\/p>\n<p>The collaboration between the government and private companies involves deploying over 10,000 computing processors to scale AI infrastructure in the country.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;The initiative will catalyze the development of the AI ecosystem in India and make it a force shaping the future of the industry for the country and the world,&#8221; stated local Minister of Electronics and Information Technology Rajeev Chandrasekhar.<\/cite><\/p><\/blockquote>\n<p>According to a press release, IndiaAI will facilitate access to funding for budding AI startups and accelerate their journey from product development to commercial operations.<\/p>\n<p>The broader mission of the country is to strengthen India&#8217;s global leadership in artificial intelligence, promote technological self-reliance, and democratize the benefits of AI for all segments of society.<\/p>\n<p>In November 2022, Chandrasekhar called for the development of global standards to ensure AI safety for humans.<\/p>\n<p>In March 2024, the United Kingdom and France announced the allocation of \u00a3800,000 for joint research in the field of artificial intelligence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian Cabinet has approved the allocation of over 103 billion rupees (approximately $1.25 billion) for the IndiaAI initiative, which aims to &#8220;empower AI startups and expand access to computing infrastructure.&#8221; A landmark day for tech and innovation! The Cabinet\u2019s approval for the IndiaAI Mission will empower AI startups and expand access to compute infrastructure, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,278],"class_list":["post-11447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-india"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=11447"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/11446"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=11447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=11447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=11447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}