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    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

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    RBI Eases Rupee Trading Curbs Withdraws Offshore Derivative Rules to Support Rupee Stability

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    Bihar Govt Approves Upgradation of 75 ITIs into Advanced Skill Centres, Boosts Employment Push

    Bihar Govt Approves Upgradation of 75 ITIs into Advanced Skill Centres under PM- SETU, Boosts Employment Push

    PadhaiWithAI: How IAS Saumya Jha Used AI to Improve Learning Outcomes in Government Schools of Tonk

    PadhaiWithAI: How IAS Dr. Saumya Jha Used AI to Improve Learning Outcomes in Government Schools of Tonk

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    Ahmedabad Launches AI-Powered Traffic Control System to Ease Congestion

    Students Deploy Robot to Boost Voter Awareness in Tamil Nadu Assembly Elections

    Students Deploy Robot to Boost Voter Awareness in Tamil Nadu Assembly Elections

    Maharashtra Govt Approves Rs 2.56 Lakh Cr Mega Projects to Boost Jobs, Industrial Growth

    Maharashtra Govt Approves Rs 2.56 Lakh Cr Mega Projects to Boost Jobs, Industrial Growth

    Andhra Pradesh CM to Launch Rs 5,400 Cr Solar Manufacturing Facility, Strengthen Clean Energy Ecosystem

    Andhra Pradesh CM to Launch Rs 5,400 Cr Solar Manufacturing Facility, Strengthen Clean Energy Ecosystem

    Ministry of Jal Shakti to Host International Water Week 2026 Focused on Climate-Resilient Water Management

    Ministry of Jal Shakti to Host International Water Week 2026 Focused on Climate-Resilient Water Management

    Centre Announces Key Appointments; IAS Awanish Kumar Made Director of Census Operations for Lakshadweep

    Centre Announces Key Appointments; IAS Awanish Kumar Made Director of Census Operations for Lakshadweep

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    Infosys Shares Drop 4% Post Q4 Results; Equirus Maintains ‘Long’, Sees Rs 1,460 Target

    Infosys Shares Drop 4% Post Q4 Results; Equirus Maintains ‘Long’, Sees Rs 1,460 Target

    Infosys Q4 Results: Net Profit Jumps 21% YoY to Rs 8,501 Crore; Rs 25 Dividend Announced

    Infosys Q4 Results: Net Profit Jumps 21% YoY to Rs 8,501 Crore; Rs 25 Dividend Announced

    Jio Financial Services, Allianz to Set Up 50:50 Insurance JV to Expand Coverage in India

    Jio Financial Services, Allianz to Set Up 50:50 Insurance JV to Expand Coverage in India

    France Ends Airport Transit Visa Requirement for Indian Nationals at French Airports

    France Ends Airport Transit Visa Requirement for Indian Nationals at French Airports

    Union Bank Q4 Results: PAT Rises 6.7% to Rs 5,316 Cr; NII Slips 1.13%, Announces Rs 5 Dividend

    Union Bank Q4 Results: PAT Rises 6.7% to Rs 5,316 Cr; NII Slips 1.13%, Announces Rs 5 Dividend

    Pay Point India Becomes First Fintech to Access RBI’s Centralised Payment System Directly

    Pay Point India Becomes First Fintech to Access RBI’s Centralised Payment System Directly

    LTTS Q4 FY26 Net Profit Rises 23.6% YoY to Rs 347 Crore; Revenue Up 14%, Declares Rs 40 Dividend

    LTTS Q4 FY26 Net Profit Rises 23.6% YoY to Rs 347 Crore; Revenue Up 14%, Declares Rs 40 Dividend

    SBI Life Q4 FY26 Earnings: Profit Dips 1.1% YoY to Rs 804.6 Cr, Premium Income Rises 16%

    SBI Life Q4 FY26 Earnings: Profit Dips 1.1% YoY to Rs 804.6 Cr, Premium Income Rises 16%

    Tech Mahindra Q4 Results FY26: Net Profit Jumps 16% to Rs 1,353.8 Crore; Declares Rs 15 Per Share Dividend

    Tech Mahindra Q4 Results FY26: Net Profit Jumps 16% to Rs 1,353.8 Crore; Declares Rs 15 Per Share Dividend

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    Stock Market Today: Sensex Crashes 852 Points, Nifty Slides 205; Rupee Hits 94.11 on Global Tensions

    Stock Market Today: Sensex Crashes 852 Points, Nifty Slides 205; Rupee Hits 94.11 on Global Tensions

    Gold Drops on Inflation Fears as Oil Surges, US-Iran Tensions

    Gold Drops on Inflation Fears as Oil Surges, US-Iran Tensions

    Trent Q4 Results FY26: Net Profit Jumps 33% to Rs 413 Crore; 1:2 Bonus Shares, Rs 6 Dividend

    Trent Q4 Results FY26: Net Profit Jumps 33% to Rs 413 Crore; 1:2 Bonus Shares, Rs 6 Dividend

    Stock Market Today: Sensex Falls 831 Points, Nifty Dips as IT Stocks Crash Nearly 4%, Banks Drag

    Stock Market Today: Sensex Falls 831 Points, Nifty Dips as IT Stocks Crash Nearly 4%, Banks Drag

    MCX Gold Price Today in India: City-Wise 24K, 22K Gold, 999 Silver Rates Amid US Dollar Index Swings

    MCX Gold Price Today in India: City-Wise 24K, 22K Gold, 999 Silver Rates Amid US Dollar Index Swings

    Rupee Falls 32 Paise to 93.48 Against USD on Strong Dollar Demand, Market Pressure

    Rupee Falls 32 Paise to 93.48 Against USD on Strong Dollar Demand, Market Pressure

    Gold Price Today in India: 24K, 22K, 18K, 999 Silver Rates Across Cities; US–Iran Talks Drive Market Risk

    Gold Price Today in India: 24K, 22K, 18K, 999 Silver Rates Across Cities; US–Iran Talks Drive Market Risk

    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

    RBI Eases Rupee Trading Curbs Withdraws Offshore Derivative Rules to Support Rupee Stability

    RBI Eases Rupee Trading Curbs Withdraws Offshore Derivative Rules to Support Rupee Stability

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Sarvam AI, Soket AI Labs Among First to Be Backed Under Rs 10,000 Cr IndiaAI Mission

By: Editorial Desk

by Editorial Desk
April 25, 2025
in Technology
Reading Time: 2 mins read
IIT Madras Director V. Kamakoti emphasises the importance of AI education for job relevance, stating that while AI won't eliminate jobs, lack of AI knowledge will disadvantage professionals.

IIT Madras Director V. Kamakoti emphasises the importance of AI education for job relevance, stating that while AI won't eliminate jobs, lack of AI knowledge will disadvantage professionals.

Summarize with:

New Delhi: The Ministry of Electronics and IT (MeitY) is set to support four startups, Sarvam AI, Soket AI Labs, Gnani.ai and Gan.ai, as the first batch of companies selected under the ambitious Rs 10,000 crore IndiaAI Mission, aimed at bolstering the indigenous development of foundational AI models, according to recent reports.

It was stated that Soket AI Labs has proposed developing a massive 120-billion parameter open-source Indic large language model (LLM) under its ‘EKA Project’. While the funding details remain undisclosed, the model is expected to be trained on two trillion tokens. Sarvam AI, which has already begun work on a 70-billion parameter multimodal model supporting Indian languages and English, is likely to receive GPU computing resources worth Rs 200 crore instead of direct funding.

Meanwhile, Bengaluru-based Gnani.ai and Gan.ai have submitted proposals for smaller-scale language models. Gnani.ai has prior experience in building speech-to-speech models for Indic languages, and its co-founder, Ananth Nagaraj was involved in drafting the IndiaAI Mission’s policy framework.

An official announcement naming the selected firms is expected soon, likely to be made by Union IT Minister Ashwini Vaishnaw. The initiative gained urgency following China’s DeepSeek AI launch, pushing India to accelerate the development of homegrown AI capabilities.

MeitY had earlier announced a Rs 1,500 crore incentive fund for individuals and organisations building AI models from scratch. As of mid-February, 67 proposals had been received, followed by another 120 in March. In addition, the ministry has partnered with 10 GPU-as-a-service providers, including Jio, Yotta, CtrlS, Tata Communications, and NxtGen, to offer AI developers compute access at rates below $1 per hour, positioning it among the most cost-effective globally.

Also read –
IndiaAI Innovation Initiative Phase 3 Deadline Extended to 22 April Amid Overwhelming Response
Summarize with:
Tags: artificial intelligence (AI)IndiaAI MissionMeitY AI Policy
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