Global Public Interest Initiative on Artificial Intelligence
A global initiative led by countries like France, India, Germany, and Finland focuses on developing accountable and open AI models. The initiative is expected to start with an initial corpus of approximately $495 million.
Funding and Commitments
- France has committed around $60 million towards the initiative.
- India, which recently co-hosted the Paris AI Action Summit, is contemplating its funding contribution, with a decision due by June 30. India’s support could be through direct funding or aligned national schemes such as the India AI mission.
- The initiative's corpus is expected to grow as international collaboration increases.
International AI Developments
- The US announced Stargate, a $500 billion AI infrastructure project involving OpenAI and SoftBank.
- France plans to invest $113 billion in AI projects over the next few years.
- India has approved a ₹10,371.92 crore (~$1.2 billion) mission to develop public AI compute infrastructure, clarifying that this is direct government funding unlike private sector investments in other countries.
Goals and Endorsements
- During the Paris Summit, India and nine other countries endorsed the public interest AI initiative focused on supporting digital public goods, capacity building, financing, and creating a trustworthy AI ecosystem.
- The Paris Charter on AI emphasizes the need for a resilient ecosystem to support open model development and establish standards, tooling, and best practices.