The India AI Mission is a roughly $1.2 billion initiative in which selected startups get subsidized GPU compute in exchange for publicly releasing their models. Twelve startups were chosen to develop AI models under the program.
Government investors have gone further: a $1.1 billion state-backed fund-of-funds was cleared in February, and a larger deep-tech push could reach about $25 billion with private matching. CNBC also reported that critics call existing programs too slow and too small to make a large impact.
Source: CNBC