HomeNewsBusinessNvidia in talks to co-develop AI chip with India: Report

Nvidia in talks to co-develop AI chip with India: Report

Discussions are on with Nvidia, IT minister Ashwini Vaishnaw has said. Nvidia founder and CEO Jensen Huang is visiting India this week

October 22, 2024 / 14:47 IST
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PM Modi meets CEO of Nvidia, discusses 'rich potential' India offers in world of AI
PM Modi and CEO of Nvidia, Jensen Huang, discussing 'rich potential' India offers in world of AI

American chip-maker Nvidia has proposed a collaboration with India to co-develop an artificial intelligence (AI) chip, The Economic Times has reported.

The chip-making giant is looking to tap into India’s strong semiconductor design talent and fast-growing market. The proposal was initiated by Nvidia founder and CEO Jensen Huang in a meeting with Prime Minister Narendra Modi in the US earlier this year, the report said. Huang is expected to visit Indian this week.

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IT minister Ashwini Vaishnaw confirmed the development. "Yes, we are discussing with Nvidia the development of an AI chip; discussions are at a preliminary stage," the report quoted the minister as saying.

Nvidia is looking to leverage India's vast chip-designing base for a chip tailored to Indian needs. “The government is currently thrashing out the details such as costing, benefits, and use cases of such a co-developed chip,” the report quoted a source as saying.