wordpress blog stats
Connect with us

Hi, what are you looking for?

India AI Summit to focus on computing AI chips and LLMs: MeitY Minister Rajeev Chandrasekhar

The Union Minister spoke about the central government’s vision for AI in India and the need to set-up guardrails to prevent misuse of the technology

What’s the news: The Indian government will be launching an ‘India AI Summit’ programme on January 10, 2024 to focus on Artificial Intelligence compute, AI chips, Large Language Models (LLMs), etc., said Rajeev Chandrasekhar, Minister of Electronics and Information Technology (MeitY).

Chandrasekhar spoke during a fireside chat at the Bengaluru Tech Summit on November 20, 2023. While answering questions related to the future of tech industry, the Minister voiced plans for the January event that will be “very much designed like the SEMICON India structure.”

“…we will focus on talent, we will focus on AI compute, we will focus on AI chips, we are focused on the models, the LLMs and the foundational models,” said Chandrasekhar.

AI is a kinetic enabler for India’s digital economy: Speaking about Indian government’s vision for AI, the Minister said AI has the potential to act as a “kinetic enabler for the $1 billion digital economy goal” and thus is a “very big deal” for the government.

AI can transform healthcare and other sectors: Listing AI’s various capabilities Chandrasekhar said that AI, if harnessed correctly, can transform healthcare, agriculture, governance, language translation and inclusion. The Summit mentioned earlier thus seeks to build these data sets, AI compute and training capacities.

Need for a legislative guardrail around AI: The MeitY Minister also talked about the need for guardrails of safety and trust for AI to ensure the technology is not misused or used by bad actors to cause harm. Elaborating on the nature of these guardrails, Chandrasekhar said, “We prefer using the word safe and trusted. Responsible is still interpreted individually. What I consider responsible may not be what you consider responsible, but safety and trust have very unambiguous definitions of trust.”

Advertisement. Scroll to continue reading.

Start-ups are an important part of India’s socio-economic fabric: According to Chandrasekhar, start-ups are an important part of India’s technological as well as economic vision as it influences the country’s social fabric, economic fabric and “the heart and soul of digital economy.” He gave the example of how a large amount of the economic activity today and GVA and value added comes from start-ups.

“We have 102 unicorns [with] 65 billion dollars of FDI that have come into start-ups. In terms of technology, I think you’ve seen the Infosys of the world. Bangalore is home to Infosys to Wipro. You have seen these 102 unicorns. Many of them are for Bangalore. Very successful, many not so successful. I think as we expand the envelope to the new envelope of technology, move to AI, move to semiconductor, move to electronics, move to Web3, move to systems, the next-generation electronic system, more and more start-ups will emerge that are valued and very valuable to the IP,” he said.

Also Read:


STAY ON TOP OF TECH NEWS: Our daily newsletter with the top story of the day from MediaNama, delivered to your inbox before 9 AM. Click here to sign up today!


 

Written By

I'm interested in the shaping and strengthening of rights in the digital space. I cover cybersecurity, platform regulation, gig worker economy. In my free time, I'm either binge-watching an anime or off on a hike.

Free Reads

News

Vaishnaw said that in the next five years, there will be significant disruptions in the way telecom technology operates.

News

Microsoft has partnered with Indian institute iCreate to select AI innovators under the iMPEL-AI programme. Under this, 100 startups from across the country will...

News

Back in June 2023, Reddit had changed its application programming interface (API) policy introducing a new premium access point to Reddit’s Data API for...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

News

RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ