Tech Entrepreneurs Association of Mumbai (TEAM)’s Post

AI Summit India 2024 focused on the latest advancements in artificial intelligence, highlighting innovations across various sectors such as healthcare, finance, and manufacturing. Keynote speakers included industry leaders and policymakers who discussed ethical considerations, regulatory frameworks, and the future of AI in India. The summit featured panel discussions, workshops, and networking opportunities, aiming to foster collaboration between businesses, startups, and research institutions. The event emphasized the importance of AI in driving economic growth and social impact in the region. #AISummit #India #Nvidia

Can AI Truly Solve The Problems That Plague MSMEs? w/ Harish, Monu, Raj & Saurabh At The Rizing Equality Entrepreneurship Forum - The Hyderabad Chapter, Harish Chandra, Founder of SarvM.AI, Monu Mahali, Head Of AI & Data Science at SmatBot, Raj Samala, Founder of Pushpak.ai, Saurabh Gupta, CEO & Co-Founder of VeriSmart.ai are seen engaging in a meaningful panel in Hyderabad, where these entrepreneurs shared personal journeys and practical solutions revolutionizing industries. From empowering small vendors with voice-based billing to creating AI-powered tools for safer workplaces and smarter document processing, the discussion showcased how technology is solving real-world problems in India. The panelists also opened up about challenges, including funding struggles, infrastructure gaps, and balancing affordability with innovation and more. Listen in to the full conversation to understand more about the potential of artificial intelligence and how startups are capitalizing on this wave. Harish Chandra of SarvM.AI Monu Mahali of SmatBot - AI Chatbot Solutions Raj Samala of Pushpak AI Saurabh Gupta of VeriSmart.ai #artificialintelligence #entrepreneurship #hyderabadtech #startupindia

#ai | #artificialintelligence | #productivity : The slowdown in growth is largely due to falling productivity. AI has the potential to reverse this trend – International Monetary Fund's Managing Director , Kristalina Georgieva at the #IMFmeetings. India leads the world in AI’s skill penetration but lags behind when it comes to #investments - Stanford Institute for Human-Centered Artificial Intelligence (HAI) 2024 Report . The Union Cabinet has granted approval for the IndiaAI Mission, allocating more than Rs 10,300 Crore. This initiative aims to bolster AI #startups and enhance accessibility to compute infrastructure. The primary objective of this financial allocation is to facilitate a systematic execution of the IndiaAI Mission, employing a partnership model between the public and private sectors to foster India's AI #innovation ecosystem. EmpowerEdge Ventures

As the government approves India AI mission, tech including deep-tech firms see a way to grow The government’s announcement of the India AI Mission on Thursday backed by an investment worth Rs 10,372 crore seems to have hit the right cord across businesses. Experts believe that this can encourage the development of artificial intelligence (AI) in the country. The approved corpus will be used to build a high-end scalable AI ecosystem in public-private partnership mode. Collaboration with industry experts and international partners has the potential to leverage practices and expertise in AI development. It can also be an integral part and one of the fundamental bases of Industry 4.0. “This initiative underscores the government’s aim to drive innovation, foster talent, and ensure accessibility in the AI space. With transparency and strategic planning, this mission holds the promise of upgrading various sectors and bringing India as a global AI leader,” Rakesh Raghuvanshi, founder and CEO, Sekel Tech, a hyperlocal digital service provider, told FE-TrasformX. #technology #tech #innovation #engineering #business #technews #science

Get ready for India's Premier Event for shaping the AI future landscape.  Elets India AI Summit – the nation's premier gathering on Artificial Intelligence development, landscape and ecosystem. With the IT BT Department, Karnataka, and K-tech Biotechnology Facilitation Cell Karnataka Innovation and Technology Society (KITS) as the Host Partners, the event will be a premier platform bringing together thought leaders, innovators, industry experts, and policymakers to delve into the transformative power of Artificial Intelligence across various sectors and propel India towards its 2047 vision. The event will witness leading names across the country that are advancing the current state of AI in India. From witnessing leading Policy makers, AI and analytics leading companies, investors, startups and soonicorns innovating the AI frontier. The event will witness: -> 100+ Speakers -> 400+ delegates -> 18+ Hours of Networking Get ready to witness the biggest platform which will shape the AI landscape. Express Interest:- www.indiaaisummit.in Startup Karnataka #IndiaAISummit #AI #AISummit #ArtificialIntelligence

Srijan’s core mission is to empower emerging #AI #innovators and #entrepreneurs, mainly through #LargeLanguageModels (LLMs). Shri S. Krishnan, Secretary of #MeitY , highlighted that this partnership will establish a "robust #ecosystem for groundbreaking #research, skill development, and open-source #innovation ,” reflecting the government’s commitment to responsible, ethical AI development. Meta 's INR 750 lakh investment will support research that promotes social impact across healthcare, education, and mobility, bridging India's AI talent gap and positioning the country as a leader in #GenerativeAI . https://lnkd.in/gQbpbnt3

🚀 Exciting news! 🌟 The India AI Mission has been greenlit by the Cabinet, marking a pivotal moment for Artificial Intelligence (AI) development in our country. 🇮🇳💡 With a focus on both innovation and regulation, this mission aims to create a robust AI ecosystem. From ramping up computing power to ensuring access to anonymized datasets and nurturing AI talent, every aspect is meticulously planned. 🖥️📊 What's truly remarkable is the collaborative approach - the government is not just a regulator but also a facilitator, working hand in hand with the private sector. 💼✨ Key highlights include: - Catalyzing the setup of 10,000-30,000 GPUs with 50% viability gap funding for private players. - Leveraging government datasets for training foundational models with over 100 billion parameters. - Providing seed funding to boost AI startups. 🌱💰 This mission sets the stage for a quantum leap in AI development, paving the way for groundbreaking innovations that will shape the future. Let's make this mission possible! 💪🚀 #AI #IndiaAIMission #Innovation #Regulation #FutureReady

AI is the growth engine for an empowered India. IDC India innovation and entrepreneurship development council shares the values talked about by the Honorable prime minister Sh Narendra Modi ji EI@AI empowered India with artificial intelligence www.idcindia.net

#IndustryUpdate India has launched a $1.25 billion initiative to boost its AI capabilities! What does this massive investment mean for the industry? 👉 𝗕𝗼𝗼𝘀𝘁 𝗶𝗻 𝗔𝗜 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: Major funding will drive R&D and advancements in AI technologies. 👉 𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝗜 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴: Strengthens India's role as a global leader in the AI space. 👉 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: Will create a robust AI ecosystem, promoting collaboration between academia, industry, and government. 👉 𝗧𝗮𝗹𝗲𝗻𝘁 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: Supports AI education and training to upskill the workforce. 👉 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: Enhances AI adoption across sectors like healthcare, agriculture, and defense.. India's AI market is likely to grow at a CAGR of 25-35% to reach $17 billion by 2027. Recognizing the need to promote responsible development and use of AI, the IndiaAI Mission will also work towards the development of indigenous tools and frameworks. For more such updates, follow AI Bharat Expo! . . . #Aibharat #CI2025 #SCI2025 #Technews #Policynews #AI #Artificialintelligence #Techinnovation #Digitalindia #AIInvestment #Globalai #AIinfra #AINews

AI is the growth engine for an empowered India. IDC India innovation and entrepreneurship development council shares the values talked about by the Honorable prime minister Sh Narendra Modi ji EI@AI empowered India with artificial intelligence www.idcindia.net