IndiaAI Mission: AI Mission CEO pegs funding window for models at Rs 1500 crore

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Developers of foundation artificial intelligence models can access Rs 1,500 crore of funds under the IndiaAI Mission, said Abhishek Singh, its chief executive and an additional secretary at the Ministry of Electronics and Information Technology (MeitY).Singh said this on Tuesday while addressing a meeting of the IndiaAI Mission, attended by close to 300 startups, researchers, academics and students.

The corpus is meant for a period of five years. When asked about the funds available at the request for proposal stage, Singh said: “It depends on your…



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IndiaAI Mission: AI Mission CEO pegs funding window for models at Rs 1500 crore


Developers of foundation artificial intelligence models can access Rs 1,500 crore of funds under the IndiaAI Mission, said Abhishek Singh, its chief executive and an additional secretary at the Ministry of Electronics and Information Technology (MeitY).Singh said this on Tuesday while addressing a meeting of the IndiaAI Mission, attended by close to 300 startups, researchers, academics and students.

The corpus is meant for a period of five years. When asked about the funds available at the request for proposal stage, Singh said: “It depends on your…



Source link

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.

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