Union Budget 2024 Could Redefine AI

The interim budget laid down several broad points on improving support for research in the fields of AI and machine learning.
Union Budget 2024 Could Redefine AI
Amidst rapid advancements within the AI industry in India, finance minister Nirmala Sitharaman is set to present the 2024 Union Budget on July 23.  Expectations are high this year, especially as the government has taken multiple strides in partnering with industry leaders, including NVIDIA, to improve the sector as a whole. This includes the IndiaAI Mission, under which the focus has been the procurement and rental of GPUs for the benefit of Indian startups. In February this year, Sitharaman had presented the interim Union Budget. This iteration of the budget laid down several broad points on improving support for research in the fields of AI and machine learning, introducing policies for data governance, and the overall improvement of infrastructure to support the rapidly growi
Subscribe or log in to Continue Reading

Uncompromising innovation. Timeless influence. Your support powers the future of independent tech journalism.

Already have an account? Sign In.

📣 Want to advertise in AIM? Book here

Picture of Donna Eva
Donna Eva
Donna is a technology journalist at AIM, hoping to explore AI and its implications in local communities, as well as its intersections with the space, defence, education and civil sectors.
Related Posts
AIM Print and TV
Don’t Miss the Next Big Shift in AI.
Get one year subscription for ₹5999
Download the easiest way to
stay informed