India reportedly weighs Rs 20,000 crore fund for frontier AI and compute
The Economic Times, citing people aware of the discussions, says the proposed fund under the IndiaAI Mission is still under consultation. Its final size, structure, governance and the role of government capital remain undecided.
TLDR
India's government is considering a Rs 20,000 crore fund for frontier AI and compute, The Economic Times reports. The proposed National Frontier AI & Compute Fund would sit under the IndiaAI Mission. People aware of the discussions told ET that consultations are ongoing, with the final size, structure, governance and role of government capital yet to be decided.
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