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Global IndiaAI Summit 2024
Context:
The Global IndiaAI Summit 2024, organised by the Ministry of Electronics and Information Technology in New Delhi, aims to advance the responsible development, deployment, and adoption of artificial intelligence (AI) in India.
Global IndiaAI Summit 2024:
- Objective: Foster collaboration and knowledge exchange among international AI experts from science, industry, civil society, governments, international organisations, and academia.
- Focus: Ethical and inclusive growth of AI technologies, positioning India as a global leader in AI innovation for socio-economic development.
- Host Role: India will host member countries and experts as the lead chair of the Global Partnership on Artificial Intelligence (GPAI), focusing on safe, secure, and trustworthy AI.
IndiaAI Mission:
- Purpose: Build a comprehensive AI ecosystem fostering innovation through democratising computing access, enhancing data quality, and developing indigenous AI capabilities.
- Seven Pillars:
- IndiaAI Compute Capacity: Establishing a scalable AI computing ecosystem with over 10,000 GPUs, offering AI as a service and pre-trained models.
- IndiaAI Innovation Centre: Developing indigenous large multimodal models (LMMs) and domain-specific foundational models.
- IndiaAI Datasets Platform: Streamlining access to high-quality non-personal datasets to support AI innovation.
- IndiaAI Application Development Initiative: Promoting AI applications in critical sectors for socio-economic transformation.
- IndiaAI FutureSkills: Increasing AI education accessibility and establishing Data and AI Labs in Tier 2 and 3 cities.
- IndiaAI Startup Financing: Supporting deep-tech AI startups with funding and risk capital.
- Safe & Trusted AI: Ensuring responsible AI development through Responsible AI projects, indigenous tools, and ethical guidelines.
Significance of India AI Mission:
- The mission aims to bolster global AI leadership, foster technological self-reliance, and ensure ethical AI deployment.
- Plans include establishing an AI innovation centre, providing high-quality datasets, and developing apps for socio-economic challenges.
- Mission targets investments in the AI sector with private companies setting up data centres for AI model development.
- AI is crucial for transformative growth in businesses and societies.
AI Infrastructure and Readiness Challenges:
- Infrastructure Needs: Developing countries face challenges in meeting AI infrastructure requirements for growth.
- Energy Consumption: IEA predicts a doubling of electricity consumption by data centres, AI, and cryptocurrency sectors by 2026.
- Global AI Preparedness: IMF shows India’s AI preparedness at 0.49, China at 0.64, and the US at 0.77.
- Future Prospects: India is expected to see 11 new AI unicorns in the next five years.