<ul><li>The Indian government plans to finalize the “first set” of proposals for building indigenous foundational AI models within the next two weeks.</li><li>Over 200 proposals have been received by the government from companies looking to build homegrown large language models (LLMs).</li><li>The government aims to develop a voice-based LLM to reach the masses and increase India's research and development funding from 0.5% to match the 3% spent by China and the US.</li><li>Efforts are being made to accelerate investments in Indian AI startups and strengthen partnerships between academic institutions and startups.</li></ul>

First Set Of Proposals For Building AI Models To Be Finalised In 2 Weeks

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