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Investing in AI

Govt should focus on enabling environment

artificial intelligence machine learning
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Illustration: Binay Sinha

Business Standard Editorial Comment Mumbai

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The Union Cabinet last week cleared a Rs 10,371.92 crore package for the National AI (artificial intelligence) Mission, which will be focused on the creation of computing capacity in the country. This follows up on the earlier announcement that the government was considering setting up a three-tier computing structure. The details for the Mission budgeting, insofar as they are known, consist of viability-gap funding for the creation of high-end computing infrastructure by the private sector. A certain amount is also earmarked for investment in relevant startups as well as support to research and development (R&D) in academic institutions, including the

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