AI mission projects may get 50% subsidy, says Meity secy

The government is looking to fund up to 50% of the cost of creating artificial intelligence (AI) compute infrastructure in the country under the Rs 10,372 crore IndiaAI mission, ministry of electronics and IT (MeitY) secretary S Krishnan said on Friday.

The AI mission basically pertains to bringing AI compute capacity under the public-private partnership (PPP) mode through GPU-based servers, allocating early-stage funding to deeptech startups, setting up of innovation centres and developing broader AI sovereign infrastructure in the country.