• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Launch of India AI Mission

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


Launch of India's AI Mission

The announcement of the Indian Rupees 10,000 crore India AI Mission by Union IT Minister Ashwini Vaishnaw has garnered significant attention. The mission, set to commence in the next two to three months, aims to enhance artificial intelligence (AI) capabilities nationwide.

During the Global IndiaAI Summit 2024, Vaishnaw revealed key details of the initiative. One of the core components is the acquisition of over 10,000 GPUs through collaborative efforts between the public and private sectors to enhance industrial efficiency. Furthermore, the strategic plan includes the establishment of an AI innovation hub and the provision of high-quality datasets to support emerging startups.

In conjunction with the infrastructural advancements, an initiative focusing on application development is underway to address socio-economic challenges. This initiative is coupled with a strong emphasis on skills development to nurture a proficient AI workforce.

Earlier this year, the IndiaAI Mission received approval from the Union Cabinet prior to the Lok Sabha elections. Although still in the blueprint stage, the mission has the potential to catalyze investments in AI infrastructure, potentially leading to the establishment of data centers.

The primary objective of the mission is to promote research and development in the field of AI, aiming to foster innovation and enhance competitiveness, thereby contributing to overall economic growth.

Vaishnaw stressed the importance of making technology accessible to all, citing concerns regarding escalating costs and its concentration within a limited number of entities such as government-operated industries and major tech corporations. He reiterated India's dedication to ensuring widespread access to technology, drawing parallels with the country's initiatives in digital public infrastructure.

Moreover, Vaishnaw highlighted the significance of international regulatory frameworks in addressing AI-related challenges, referencing initiatives like the AI Act in the European Union and presidential directives in the United States as noteworthy examples. He emphasized the relevance of global endeavors in properly regulating the societal impacts of AI.

The minister underlined the universal importance of global regulatory efforts in managing AI-related challenges, emphasizing the necessity for collective support, especially from the global south.

While acknowledging the considerable growth in the use of artificial intelligence over the past year, Vaishnaw also raised awareness about the potential risks AI poses to societal structures. He specifically noted the amplified threat of misinformation and disinformation during the recent Lok Sabha elections, highlighting this as a global issue affecting nations worldwide.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

BNB Chain's BEP675 Proposal Remains in Draft Status

chest

BEP675 is currently a draft proposal and not yet active on the BNB Chain mainnet.

user avatarJesper Sørensen

BEP675 Aims to Address Blockchain Efficiency Issues

chest

BEP675 aims to address inefficiencies in blockchain systems by changing the block submission and verification process to improve throughput.

user avatarSatoshi Nakamura

BNB Chain Proposes BEP675 to Enhance Network Throughput

chest

BNB Chain has introduced BEP675, a draft proposal aimed at improving network throughput by reducing block reexecution in the validator process.

user avatarRajesh Kumar

Xora Finance Integrates Native Stellar Settlement on XRP Ledger

chest

Xora Finance has integrated native Stellar settlement on the XRP Ledger, enhancing interoperability between the XLM and XRPL ecosystems.

user avatarLucas Weissmann

TRON's Daily Transactions Rise Significantly

chest

The latest report from Messari indicates that average daily transactions on the TRON network have risen significantly from 87 million to 118 million in the second quarter of 2026.

user avatarFilippo Romano

TRON Dominates USDT Transfers in Q2 2026

chest

TRON processed 21 trillion in USDT transfers in Q2 2026, surpassing Ethereum in circulating USDT supply.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.