The government is willing to cover up to 50% of the anticipated cost to establish a computing capacity of around 10,000 graphic processing units (GPUs) as part of the National Artificial Intelligence (AI) mission. S. Krishnan, Secretary of the Ministry of Electronics and Information Technology, announced this at the CII Annual Business Summit 2024.
The plan is to collaborate with private institutions to expedite the process and make the capacity available in India. While the private sector will be responsible for creating the computing capacity, it will be accessible at a subsidized rate for specific use cases, research institutions, startups, and small to medium-sized industries. The government may fund the project through viability gap funding or a voucher-based system.
Source link
