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    Govt Sets Six-Month Deadline for Banking Reforms in India Ahead of Viksit Bharat 2047

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    Reliance Industries Q2 Results: Net Profit Jumps 27% to Rs 29,250 Crore, Revenue Rises 28%

    Reliance Industries Q2 Results: Net Profit Jumps 27% to Rs 29,250 Crore, Revenue Rises 28%

    Bank of Baroda Q2 Results: Net Profit Jumps 35.8% YoY to Rs 6,532 Crore; NII Rises 9%

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MeitY to seek cabinet nod for Rs 10,000 crore India AI program

By: Editorial Desk

by Editorial Desk
January 24, 2024
in Technology
Reading Time: 1 min read
MeitY to seek cabinet nod for Rs 10,000 crore India AI program

MeitY to seek cabinet nod for Rs 10,000 crore India AI program

Summarize with:

New Delhi: The Ministry of Electronics and Information Technology (MeitY) is set to seek the cabinet’s approval for the India AI program, the Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, recently revealed. The program, valued at over Rs 10,000 crore, involves the establishment of GPU-based servers in Public-Private Partnership (PPP) mode.

At the inauguration of the Synopsys chip design centre in Noida, Chandrasekhar highlighted that the India AI program proposal would be presented to the cabinet for approval. The PPP model will see computer infrastructure capacity development in private data centres and those operated by the Centre for Development of Advanced Computing (CDAC).

In addition to the AI program announcement, Chandrasekhar inaugurated Synopsys’ semiconductor chip design centre at DLF Tech Park in Noida. This centre, the company’s second-largest in India, is anticipated to employ 6,000 engineers, constituting 27% of Synopsys’ global design workforce.

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  • Navigating the Dual Nature of AI: A Symphony of Innovation and Ethical Dilemmas in the Modern World
Summarize with:
Tags: CDACCentre for Development of Advanced ComputingIndia AI programIndia AI program newsMeityMeitY to seek cabinet nod for Rs 10000 crore India AI programMinistry of Electronics and Information TechnologySynopsys chip design centre in NoidaUnion Minister of State for Electronics and IT Rajeev Chandrasekhar
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