India announces Rs 103.7 crore investment in AI, intensifies development of big language models

The Indian government has announced that it has approved the national-level "IndiaAI Mission" program, which aims to achieve the two goals of "making AI take root in India" and "making AI work for India", with a budget of Rs. 103,719.2 crore (currently about Rs. 9,013.0 crore). The program aims to achieve the two goals of "making AI take root in India" and "making AI work for India", with a budget of Rs. 103,719.2 million (currently about 9,013 million yuan). By 2027, the Indian artificial intelligence market is expected to reach $17 billion (currently about 122.4 billion yuan), with a compound annual growth rate of 25%~35% from 2024 to 2027.(IT Home)

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