Stage Set For Global IndiaAI Summit 2024

India to host member countries and experts as the lead chair of the Global Partnership on Artificial Intelligence (GPAI); Summit to feature a diverse array of sessions designed to delve deep into critical aspects of AI application, governance and for nurturing talent and scaling AI innovations

FinTech BizNews Service

Mumbai, July 2, 2024: Global IndiaAI Summit 2024 is scheduled to be held on July 3rd and 4th, 2024 as the Ministry of Electronics and Information Technology (MeitY) is all set to host an esteemed gathering of international delegates, AI experts, and policymakers at the summit. This summit marks a pivotal moment for India as it underscores its commitment to fostering responsible artificial intelligence (AI) development on a global scale.

The Global IndiaAI Summit will be inaugurated by Shri Ashwini Vaishnaw, Union Minister for Ministry of Electronics and Information Technology , Railways, and Information & Broadcasting and Shri Jitin Prasad, Minister of State for Electronics and IT, Commerce and Industry will also be speaking at the inauguration.

A commitment to responsible AI development

Organized against the backdrop of India's leadership role in the Global Partnership on Artificial Intelligence (GPAI), the summit aims to set new benchmarks in addressing the multifaceted challenges and opportunities presented by AI. With a thematic focus on Compute Capacity, Foundational Models, Datasets, Application Development, Future Skills, Startup Financing, and Safe and Trusted AI, the event promises comprehensive discussions that span the entire AI spectrum.

Day 1: Setting the Stage

The Day 1 of the summit will feature a diverse array of sessions designed to delve deep into critical aspects of AI application and governance. Notable sessions include "IndiaAI: Large Language Models" exploring how advanced AI models can navigate India's linguistic diversity while upholding ethical standards. Concurrently, the GPAI Convening on Global Health and AI will gather insights into leveraging AI for healthcare in underserved regions, positioning India as a catalyst for inclusive healthcare innovation.

“Real World AI Solutions" and "India’s Infrastructure Readiness for AI" will spotlight practical AI implementations and the foundational infrastructure needed to support AI-driven initiatives across sectors. Meanwhile, discussions on "Ensuring Safety, Trust, and Governance in the AI Age" will underscore India's commitment to ethical AI deployment, emphasizing global cooperation and regulatory frameworks.

Day 2: Empowering the Future

The second day will pivot towards nurturing talent and scaling AI innovations. "Empowering Talent through AI Education & Skilling" aims to bridge the AI skills gap by spotlighting educational strategies and career pathways. Simultaneously, "AI for Global Good: Empowering the Global South" will facilitate dialogues on inclusive AI development, echoing India’s advocacy for equitable global AI access.

"From Seed to Scale—Empowering India’s Startup Ecosystem" will highlight initiatives that foster AI entrepreneurship, crucial for propelling India’s startup ecosystem onto the global stage. Discussions on "Data Ecosystem" and "AI Competency Framework for Public Sector" will explore robust data governance and AI readiness in public administration, which are essential for effective policy formulation and implementation.

Charting the course for responsible AI

The Global IndiaAI Summit 2024 serves as a pivotal platform for global stakeholders to collaborate, innovate, and shape the future of AI. India reiterates its commitment to harnessing AI’s transformative potential by prioritizing responsible AI development while safeguarding ethical standards and inclusivity. As the summit unfolds, it is poised to reinforce India’s leadership in the global AI landscape, paving the way for a future where AI benefits are accessible to all and contribute significantly to socio-economic advancement worldwide.

Key Pillars of the IndiaAI Mission

1. IndiaAI Compute Capacity: Establishing a scalable AI computing ecosystem with over 10,000 GPUs through public-private partnerships. An AI marketplace will provide AI as a service and pre-trained models, acting as a central hub for essential AI resources.
2. IndiaAI Innovation Centre: Focused on developing and deploying indigenous large multimodal models (LMMs) and domain-specific foundational models. These models will cater to the unique needs of India's diverse industries and sectors.
3. IndiaAI Datasets Platform: Streamlining access to high-quality non-personal datasets for AI innovation. A unified data platform will provide seamless access for Indian startups and researchers, aiding in the development of robust AI models.
4. IndiaAI Application Development Initiative: Promoting AI applications in critical sectors by addressing problem statements from Central Ministries, State Departments, and other institutions. This initiative focuses on developing impactful AI solutions for large-scale socio-economic transformation.
5. IndiaAI FutureSkills: Reducing barriers to AI education by increasing AI courses at various academic levels and establishing Data and AI Labs in Tier 2 and 3 cities. This ensures a steady pipeline of skilled AI professionals nationwide.
6. IndiaAI Startup Financing: Supporting deep-tech AI startups with streamlined access to funding. By providing risk capital and financial support, the mission aims to nurture a vibrant ecosystem of AI startups driving technological advancements and economic growth.
7. Safe & Trusted AI: Ensuring responsible AI development through implementing Responsible AI projects, developing indigenous tools and frameworks, and establishing guidelines for ethical, transparent, and trustworthy AI technologies.