Infrastructure layer alone to attract $200 billion in AI investments: Vaishnaw

Vaishnaw said investments are coming across all five layers of the AI stack, including compute, models and applications.

Union IT minister Ashwini Vaishnaw on February 17 clarified that the $200 billion investment he projected for the next two years will be concentrated primarily in the infrastructure layer of the artificial intelligence ecosystem.

He added that an additional $17 billion investment is expected in the deeptech and application layers, over and above the infrastructure spending.

Vaishnaw said investments are coming across all five layers of the AI stack, including compute, models and applications.

He also pointed out that IndiaAI Mission 1.0 has demonstrated how AI compute can be made accessible to a large population, unlike in other countries where it remains in the hands of a few players.

The government will place orders for another 20,000 GPUs within the next week to further expand national AI capacity, he said.

“There is a growing global consensus that AI must be used for good and that its harms should be addressed through techno-legal measures,” Vaishnaw added.