The Ministry of Electronics and Information Technology (MeitY) is set to host the Global IndiaAI Summit in New Delhi on July 3-4, aiming to bolster international collaboration and position India as a leader in the ethical advancement of artificial intelligence (AI) technologies.
According to a statement from MeitY, the summit will convene a diverse array of global AI experts, including representatives from science, industry, civil society, governments, international organizations, and academia. This gathering is intended to serve as a pivotal platform for exchanging insights on critical AI issues and challenges.
Key focal points at the upcoming Global IndiaAI Summit 2024 include expanding compute capacity, advancing foundational AI models, enhancing datasets, accelerating application development, fostering future AI skills, facilitating startup funding, and ensuring the deployment of safe AI technologies.
India aims to assert its global leadership in AI innovation through this summit, emphasizing equitable access to AI benefits and driving socio-economic development nationwide.
Additionally, the summit will host member countries and experts to reinforce commitments under the Global Partnership on Artificial Intelligence (GPAI), with a particular emphasis on promoting secure, trustworthy, and responsible AI frameworks on a global scale.
This initiative follows a recent review of India’s ambitious INR 10,372 Cr India AI Mission, which seeks to establish a robust AI ecosystem within the country.
In May, S Krishnan, Secretary of MeitY, underscored the government’s approach to AI regulation, stressing the need to foster innovation while ensuring responsible AI development.
The IndiaAI Mission is structured around several pivotal pillars, including:
- IndiaAI Compute Capacity: Establishing scalable AI computing infrastructure with over 10,000 GPUs through a Public-Private Partnership (PPP) model.
- IndiaAI Innovation Centre (IAIC): Creating a premier academic institution aimed at nurturing top research talent and developing indigenous large multimodal models (LMMs) and domain-specific AI models.
- IndiaAI Datasets Platform: Enhancing accessibility, quality, and utility of public sector datasets crucial for AI research and development.
- IndiaAI FutureSkills: Expanding access to AI education programs and establishing AI Labs to provide foundational courses in AI.
The summit’s focus on advancing AI capabilities coincides with a surge in AI adoption by businesses and growing investor interest in AI startups. Recent developments include partnerships like Pocket FM’s collaboration with ElevenLabs to convert text stories into audio series, and funding rounds for startups such as Maxim AI and Ayna, aimed at enhancing their AI capabilities.
The Global IndiaAI Summit underscores India’s commitment to shaping the future of AI responsibly and inclusively, harnessing its potential for transformative impact across various sectors.
