Viability gap funding for startups to procure GPUs

In a bid to create the much needed compute infrastructure in the country, the government is banking on the private sector to create the capacity of graphic processing units (GPUs) and central processing units (CPUs).

This means that instead of directly procuring the GPUs and giving it to startups, the government has finalised a viability gap funding model, wherein it will subsidise compute costs up to 50% for startups who want to utilise GPUs or CPUs.