AIInc42about 1 hour ago
India Weighs ₹20,000 Cr Frontier AI Fund
5 min read
India is considering a ₹15,000 Cr to ₹20,000 Cr anchor investment in a proposed National Frontier AI & Compute Fund to finance frontier AI startups, GPU clusters and specialised data centres. The fund could be a SEBI-regulated Category I AIF with a 50:50 government-private capital model. A closed-door Delhi meeting yesterday gathered Sarvam, Peak XV, E2E Networks and MeitY officials.
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