Small companies can now chase India’s giant AI dreams

The government has halved the revenue threshold for companies seeking to bid for the Rs 10,000 crore graphics processing units (GPUs) tender, conceding a key demand of the industry that will allow even small enterprises to participate.

The threshold has been cut to Rs 50 crore from Rs 100 crore, the Ministry of Electronics and Information Technology (MeitY) said in a clarification issued on Friday after heeding suggestions from several small cloud companies. The earlier threshold would have required smaller companies to partner with others, some in the industry had complained.