Industry analysts stated on Wednesday that India has a great chance to accelerate its AI objectives by strengthening its relationships with the United States through the $500 billion Stargate Project, which is the brainchild of OpenAI, Softbank, Oracle, and others.
This may be accomplished by utilizing India’s participation in the Indo-Pacific Economic Framework for Prosperity (IPEF) and the Critical and Emerging Technology (iCET) agreement between the two countries—co-developing innovative technologies and expanding its domestic capabilities.
“Proactive diplomacy, leveraging India’s role in iCET and IPEF, strategic investments, and collaborative approaches will be key to ensuring that India not only benefits from the global advancements in AI but also establishes itself as a formidable player in the international AI landscape,” said Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA).
India has possibilities to benefit from the Stargate Project, even if its main goal is to strengthen US supremacy in the AI ecosystem.
Nvidia, Arm, Microsoft, Softbank, Oracle, and OpenAI are just a few of the big businesses that are actively using Indian expertise and already have a sizable presence in India.
“This offers Indian professionals opportunities to contribute to this monumental project, helping them enhance their expertise in cutting-edge AI technologies,” Chandak added.
During the 120-day review process, there is cautious hope that the US administration would take industry input into account and loosen its restrictions on AI exports, particularly with regard to India and other key allies.
This initiative demonstrates serious intent by the United States to maintain strong control over AI, in addition to dominating the ownership of large language models (LLMs), said Dr. Ajai Chowdhry, creator of HCL and chairman of the National Quantum Mission.
“For strategic autonomy, we must create our own AI doctrine and start controlling our own data strongly. Also, we must develop domestic hardware for data centers, as it will be increasingly difficult to control our data otherwise,” Chowdhry emphasized.
He went on to say that in order to develop a new AI policy, the government and industry must collaborate.
Last year, India started the IndiaAI Mission to further the nation’s AI-related advancements. An important step towards strengthening the nation’s AI ecosystem was taken when the Union Cabinet, led by Prime Minister Narendra Modi, authorized an allocation of more than Rs 10,300 crore for the IndiaAI Mission.
The government claims that about 8.6 lakh applicants have signed up for the IndiaAI “Future Skills” program, which was created in partnership with business partners to offer training in line with the most recent standards.
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