IndiaAI Mission: AI Mission CEO pegs funding window for models at Rs 1500 crore

Developers of foundation artificial intelligence models can access Rs 1,500 crore of funds under the IndiaAI Mission, said Abhishek Singh, its chief executive and an additional secretary at the Ministry of Electronics and Information Technology (MeitY).Singh said this on Tuesday while addressing a meeting of the IndiaAI Mission, attended by close to 300 startups, researchers, academics and students.

The corpus is meant for a period of five years. When asked about the funds available at the request for proposal stage, Singh said: “It depends on your…