The federal government on Saturday introduced it has selected homegrown startup Sarvam AI to build the nation’s first artificial intelligence (AI) foundational model.
Out of the 67 proposals, Sarvam AI has been shortlisted to build India’s first indigenous foundational model, mentioned Union IT Minister Ashwini Vaishnaw at an occasion to launch the rules for the Electronics Elements Manufacturing Scheme (ECMS) scheme right here, including that there’ll quickly be 2-3 extra startups that may be part of the programme.
“The ECMS is a horizontal scheme. It’ll feed into numerous sectors, digital, automotive and so forth,” the minister mentioned.
In December 2023, Sarvam AI, based by Vivek Raghavan and Pratyush Kumar, raised $41 million in its Collection A spherical led by Lightspeed and supported by Peak XV Companions and Vinod Khosla-run Khosla Ventures.
Marking a big step in direction of bolstering India’s AI ecosystem, the Prime Minister Narendra Modi authorities in 2024 accredited the India AI Mission with the allocation of Rs 10,300 crore. This funding, slated over the following 5 years, is poised to catalyse numerous elements of the IndiaAI mission.
In a bid to make entry to high quality datasets simpler for growing AI applied sciences, the federal government lately took an enormous step in its India AI Mission by launching AIKosha, the nation’s sovereign datasets platform, and an AI Compute Portal.
The federal government has additionally set a goal of growing GPUs domestically inside the subsequent three to 5 years. That is a part of the bigger Rs 10,000-crore IndiaAI Mission. The AI Compute Portal will permit corporations to entry subsidised GPUs for analysis and growth. As of now, about 14,000 GPUs have gone stay, with one other 4,000 within the pipeline.
Earlier, the Ministry of Electronics and Data Expertise (MeitY) had introduced the procurement of 18,693 GPUs from selected distributors.
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