Global IndiaAI Summit 2024: Shaping Future of AI Innovation

The Global IndiaAI Summit 2024, organized by the Ministry of Electronics and Information Technology, aims to foster collaboration and knowledge exchange in AI, with a focus on responsible development, deployment, and adoption.

Summit Overview and Objectives

Organized by the Ministry of Electronics and Information Technology
Scheduled for July 3-4, 2024, in New Delhi
Aims to foster collaboration and knowledge exchange in AI
Platform for international AI experts from various sectors
Focus on responsible development, deployment, and adoption of AI
India's role as lead chair of the Global Partnership on Artificial Intelligence (GPAI)
Goal to establish India as a global leader in AI innovation

Seven Pillars of the IndiaAI Mission

IndiaAI Compute Capacity: Creating a scalable AI computing ecosystem with 10,000+ GPUs
IndiaAI Innovation Centre: Developing indigenous large multimodal models and foundational models
IndiaAI Datasets Platform: Providing access to high-quality non-personal datasets
IndiaAI Application Development Initiative: Promoting AI applications in critical sectors
IndiaAI FutureSkills: Expanding AI education and establishing Data and AI Labs nationwide
IndiaAI Startup Financing: Supporting deep-tech AI startups with funding access
Safe & Trusted AI: Ensuring responsible AI development through ethical frameworks and guidelines

India's AI Landscape and Future Prospects

IndiaAI Mission approved with a budget of Rs 10,371.92 crore
Vision of "Making AI in India" and "Making AI work for India"
Hurun Research Institute predicts 11 AI unicorns in India over the next five years
Current lack of specific AI-related regulatory/governance framework in India
Focus on AI readiness and infrastructure development for developing countries
Potential for AI to benefit average citizens in India and other developing nations
India's significant global population share (18%) underscores the importance of inclusive AI development

With a focus on infrastructure, skills, and ethical practices, the Global IndiaAI Summit 2024 seeks to reflect India's aspirations in AI while also spearheading discussions that could change the AI landscape globally.

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