India AI and Meta sign MoU for collaboration in AI and emerging technologies

Share via:

Government-backed India AI has entered into a Memorandum of Understanding (MoU) with social media giant Meta to facilitate collaboration in the realms of artificial intelligence (AI) and other emerging technologies. India AI, operating as an independent business unit under the Digital India Corporation, aims to bolster research and development (R&D) in the burgeoning AI space through this strategic partnership.

Framework for Cooperation and Support for Indian Startups

The agreement between India AI and Meta entails the establishment of a framework for cooperation in the domain of emerging technologies. As part of the collaboration, Meta’s open-source AI model will be made available to Indian AI startups, providing them with valuable resources and cutting-edge technology. The MoU also paves the way for the potential creation of a Centre of Excellence to nurture homegrown startups in the emerging technologies sector.

Enhancing AI Accessibility and Advancing Language Models

India AI and Meta collaborate to improve Indian startups’ access to AI resources and Meta’s advanced models. They’ll use AI to develop datasets in Indian languages and foster innovation for ‘social inclusion’ and better government service delivery.

Raising Awareness and Promoting Responsible AI Practices

An essential aspect of the MoU is the joint effort to raise awareness about AI and promote responsible AI practices. India AI and Meta plan to develop comprehensive tools and guidelines to ensure responsible AI use across various sectors. This aligns with their commitment to harnessing AI’s potential for societal benefit and growth.

Implications of the Collaboration for India’s Digital Leadership

During a recent event, India signed an MoU marking a significant step in strengthening its digital leadership. Nick Clegg, President of Global Affairs at Meta, highlighted the partnership between government and industry. This partnership has the potential to unlock social and economic opportunities. By granting access to cutting-edge AI technologies for businesses, startups, and researchers. Meta’s collaboration in India builds upon previous AI-related initiatives. It emphasizing the importance of nurturing the homegrown AI ecosystem. And also scaling up AI technology to meet the nation’s unique needs.

Also Read The Latest News:
WhatsApp rolls out video messaging feature with 60-second limit
Government shortlists 22 accelerators to support 175 startups under SAMRIDH Scheme

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

India AI and Meta sign MoU for collaboration in AI and emerging technologies

Government-backed India AI has entered into a Memorandum of Understanding (MoU) with social media giant Meta to facilitate collaboration in the realms of artificial intelligence (AI) and other emerging technologies. India AI, operating as an independent business unit under the Digital India Corporation, aims to bolster research and development (R&D) in the burgeoning AI space through this strategic partnership.

Framework for Cooperation and Support for Indian Startups

The agreement between India AI and Meta entails the establishment of a framework for cooperation in the domain of emerging technologies. As part of the collaboration, Meta’s open-source AI model will be made available to Indian AI startups, providing them with valuable resources and cutting-edge technology. The MoU also paves the way for the potential creation of a Centre of Excellence to nurture homegrown startups in the emerging technologies sector.

Enhancing AI Accessibility and Advancing Language Models

India AI and Meta collaborate to improve Indian startups’ access to AI resources and Meta’s advanced models. They’ll use AI to develop datasets in Indian languages and foster innovation for ‘social inclusion’ and better government service delivery.

Raising Awareness and Promoting Responsible AI Practices

An essential aspect of the MoU is the joint effort to raise awareness about AI and promote responsible AI practices. India AI and Meta plan to develop comprehensive tools and guidelines to ensure responsible AI use across various sectors. This aligns with their commitment to harnessing AI’s potential for societal benefit and growth.

Implications of the Collaboration for India’s Digital Leadership

During a recent event, India signed an MoU marking a significant step in strengthening its digital leadership. Nick Clegg, President of Global Affairs at Meta, highlighted the partnership between government and industry. This partnership has the potential to unlock social and economic opportunities. By granting access to cutting-edge AI technologies for businesses, startups, and researchers. Meta’s collaboration in India builds upon previous AI-related initiatives. It emphasizing the importance of nurturing the homegrown AI ecosystem. And also scaling up AI technology to meet the nation’s unique needs.

Also Read The Latest News:
WhatsApp rolls out video messaging feature with 60-second limit
Government shortlists 22 accelerators to support 175 startups under SAMRIDH Scheme

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Naxatra Labs Bags Seed Funding To Capitalise On EV...

SUMMARY The funding round also saw participation from Rainmatter...

M-Cap Of 32 New-Age Tech Stocks Crosses $100 Bn...

The cumulative market capitalisation of 19 new-age tech...

MobiKwik Shares Surge 18.8% To Reach All-Time High

SUMMARY However, the stock pared some gains, closing the...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!