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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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