Amid all of this, there’s one aspect that keeps coming up every now and then—foundational models. In February, Ashwini Vaishnaw, the Union information technology minister, said that India will build and showcase its own foundational AI models by the end of this year. Many took this as a knee-jerk reaction to the hype around Chinese…
“Some Nobel Prize-winning economists estimate AI’s impact on GDP in the low single digits, while others expect double-digit growth. That’s how uncertain things are,” Chatterji told Mint in an interview during his India visit on Tuesday. The effect of AI on jobs is similarly debated. “Some studies suggest AI will affect only a small fraction…
Ashwini Vaishnaw, Union Minister for Electronics and Information Technology, launched the AI Compute Portal in New Delhi on Thursday. The platform is designed to provide researchers, startups, and government agencies with access to high-powered computing resources, including advanced Graphics Processing Units (GPUs), for artificial intelligence (AI) applications. At the launch, Vaishnaw announced that the government…
