TurboML, a San Francisco-based machine learning platform is planning to invest $12 million in developing an AI foundational model for India.

Siddharth Bhatia, TurboML co-founder revealed that they have discussed this investment plan with the MeitY (Ministry of Electronics and Information Technology). They have already engaged with the Indian government including the discussion with Union Minister Ashwini Vaishnaw.

The core objective of this initiative is to build an AI (artificial intelligence) foundational model proficient in Indian languages. This initiative will address a critical need for AI to understand and process India’s linguistic diversity.

This effort brings together Indian-origin AI researchers across the world to contribute to this goal.

The primary driver of this initiative is the need for AI that can correctly process and understand India’s diverse linguistic ecosystem. This includes tackling the complexities of multiple dialects, languages, and code-switching.

This initiative aligns with the Indian government’s actions to promote a robust AI landscape. This includes GPUs (Graphics Processing Units) availability for AI development and the IndiaAI mission that seeks proposals for foundational model development.

Source: https://www.business-standard.com/technology/tech-news/turboml-plans-to-initiate-12-million-ai-foundational-model-in-india-125030301170_1.html