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India approves a ~$1.25B investment in AI projects over five years, including for optimizing compute infrastructure, LLM development, and education in AI (The Economic Times)
https://economictimes.indiati…

Cabinet approves 'India AI Mission' with an outlay of Rs 10,371.92 cr for five years
The Union Cabinet has approved a Rs 10,371.92 crore 'India AI mission' for five years to promote Artificial Intelligence in India. The mission aims to establish a comprehensive ecosystem for AI innovation, democratize computing access, improve data quality, develop indigenous AI capabilities, attract top talent, enable industry collaboration, provide startup risk capital, ensure socially impactful AI projects, and bolster ethical AI.