IndiaAI Mission boosts AI development with full subsidies
India is rolling out a 100% subsidy on computing costs for startups building foundational AI models—basically, the government will cover their GPU bills.
This is part of the IndiaAI Mission and goes beyond the usual 40% subsidy for other AI projects, making it a big deal for anyone looking to build serious new tech.
Four startups in; over ₹111 crore already handed out
So far, four startups—Sarvam, Gnan.AI, GAN.ai, and Socket—are in. Sarvam's co-founder even scored the largest allocation yet: 4,096 NVIDIA H100 GPUs.
The government has already handed out over ₹111 crore in subsidies and set aside 18,693 GPUs to keep research moving.
Aims to boost homegrown AI talent
This move is all about boosting homegrown AI talent and helping Indian startups compete globally.
It's a strong push to make sure local innovators have what they need without always relying on big private cloud companies.
If you're into tech or thinking about your own startup one day, this could be a game-changer.