TurboML plans to initiate $12 million AI foundational model in India

Bhatia says the investment cost accounts for the current commercial rate for one hour of GPU usage, though this could decrease under the Meity subsidy scheme to $1 per hour

The founders of San Francisco-based TurboML, a real-time machine learning platform, have launched a strategic initiative to bring together artificial intelligence (AI) researchers of Indian origin from around the world for building an AI foundational model for Indian languages.

 

Siddharth Bhatia, the company’s cofounder, revealed that they have discussed their plan with the Ministry of Electronics and Information Technology (MeitY) and recently met MeitY Minister Ashwini Vaishnaw as well. The team aims to develop the AI foundational model within 8 months at a budget of under $12 million.

 

“Indians have been on the forefront of AI innovation, right from the