Indian Economy News

Prime Minister Mr. Narendra Modi’s AI initiative empowers startups with enhanced computing capabilities to fuel innovation and growth

  • IBEF
  • December 13, 2023

Prime Minister Mr. Narendra Modi revealed plans for an imminent AI Mission launch in India, aimed at fostering artificial intelligence computing capabilities nationwide. Speaking at the inauguration of the Global Partnership on Artificial Intelligence (GPAI) Summit at Bharat Mandapam, he articulated the mission's core objective: maximizing AI computing potential within India. The envisioned mission is strategically designed to offer enhanced opportunities for Indian startups and innovators, aligning with the nation's commitment to technological advancement. This initiative underscores India's proactive stance in harnessing the transformative power of artificial intelligence for the benefit of its entrepreneurial ecosystem and overall innovation landscape.

The event will serve as a platform for discussions and collaborations focused on developing, deploying, and adopting open, safe, secure, and accountable AI. New Delhi, serving as the host city, is abuzz with anticipation, preparing to welcome key stakeholders, experts, and enthusiasts in the AI field. The inaugural ceremony will set the stage for three days of insightful discussions, deliberations, and collaborations.

Prime Minister Mr. Narendra Modi announced the launch of an AI Mission to promote artificial intelligence applications in sectors like agriculture, healthcare, and education. Leveraging the existing network of Industrial Training Institutes (ITIs) in tier-II and tier-III cities, the mission aims to enhance AI skills. He emphasized the need for a global ethical framework for AI, highlighting potential risks. He called for a cautious approach, stressing transparency in data and algorithms to democratize AI while addressing challenges and preventing misuse, emphasizing the transformative yet responsible nature of AI for sustainable development goals.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.