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India AI and Meta sign MoU for collaboration in AI and emerging technologies

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Government-backed India AI has entered into a Memorandum of Understanding (MoU) with social media giant Meta to facilitate collaboration in the realms of artificial intelligence (AI) and other emerging technologies. India AI, operating as an independent business unit under the Digital India Corporation, aims to bolster research and development (R&D) in the burgeoning AI space through this strategic partnership.

Framework for Cooperation and Support for Indian Startups

The agreement between India AI and Meta entails the establishment of a framework for cooperation in the domain of emerging technologies. As part of the collaboration, Meta’s open-source AI model will be made available to Indian AI startups, providing them with valuable resources and cutting-edge technology. The MoU also paves the way for the potential creation of a Centre of Excellence to nurture homegrown startups in the emerging technologies sector.

Enhancing AI Accessibility and Advancing Language Models

India AI and Meta collaborate to improve Indian startups’ access to AI resources and Meta’s advanced models. They’ll use AI to develop datasets in Indian languages and foster innovation for ‘social inclusion’ and better government service delivery.

Raising Awareness and Promoting Responsible AI Practices

An essential aspect of the MoU is the joint effort to raise awareness about AI and promote responsible AI practices. India AI and Meta plan to develop comprehensive tools and guidelines to ensure responsible AI use across various sectors. This aligns with their commitment to harnessing AI’s potential for societal benefit and growth.

Implications of the Collaboration for India’s Digital Leadership

During a recent event, India signed an MoU marking a significant step in strengthening its digital leadership. Nick Clegg, President of Global Affairs at Meta, highlighted the partnership between government and industry. This partnership has the potential to unlock social and economic opportunities. By granting access to cutting-edge AI technologies for businesses, startups, and researchers. Meta’s collaboration in India builds upon previous AI-related initiatives. It emphasizing the importance of nurturing the homegrown AI ecosystem. And also scaling up AI technology to meet the nation’s unique needs.

Also Read The Latest News:
WhatsApp rolls out video messaging feature with 60-second limit
Government shortlists 22 accelerators to support 175 startups under SAMRIDH Scheme

The post India AI and Meta sign MoU for collaboration in AI and emerging technologies appeared first on StartupNews.fyi.

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