Active Stocks
Fri Apr 19 2024 15:56:00
  1. Tata Steel share price
  2. 162.10 1.31%
  1. Tata Motors share price
  2. 963.20 -0.84%
  1. NTPC share price
  2. 350.90 -0.14%
  1. ITC share price
  2. 424.80 1.40%
  1. Power Grid Corporation Of India share price
  2. 281.70 0.54%
Business News/ Technology / News/  India is building a database for companies to train AI models: Rajeev Chandrasekhar
BackBack

India is building a database for companies to train AI models: Rajeev Chandrasekhar

Chandrasekhar said it will be ‘one of the largest datasets programs where anonymized non-personal data will be available for the entire AI ecosystem’

Union Minister Rajeev Chandrasekhar. (PTI)Premium
Union Minister Rajeev Chandrasekhar. (PTI)

NEW DELHI : India is building a large database of anonymized non-personal data for Indian companies and startups that are using artificial intelligence (AI), said Rajeev Chandrasekhar, minister of state (MoS) for Electronics and Information Technology, at the Global Fintech Fest (GFF), an industry event, held in Mumbai on Wednesday. 

Chandrasekhar said it will be “one of the largest datasets programs where anonymized non-personal data will be available for the entire AI ecosystem."

Though the database is primarily meant for the use of Indian companies, Chandrasekhar noted that an exception can be made for foreign companies that want to “come and create opportunities" in India. He also said that the government is weighing in favor of partnerships between Indian and foreign companies, particularly in deep tech. To encourage such partnerships, the government will also provide capital access including government contracts, he added.

Deep Tech is a classification used for startups or companies that are working on cutting-edge technologies for the future. 

Large databases play a key role in training machine learning (ML) models. Globally, there are various open-source datasets such as MySQL and Apache Cassandra, which are available to AI researchers and are being used by small and large companies across the world. 

Chandrasekhar further said that the government will soon introduce a Digital India Act, replacing the Information Technology (IT) Act 2000. 

Last month, the government withdrew the Personal Data Protection Bill, which received backlash from privacy advocates and tech companies for giving broad access to data to government agencies and for diluting it by bringing non-personal data under it. 

“We withdrew the Data Protection Bill 2021 because it had become too complex," Chandrasekhar added. He reiterated that the government will soon bring a Digital Personal Data Protection Bill, which will be a “contemporary modern global standard framework of laws."

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

ABOUT THE AUTHOR
Abhijit Ahaskar
Abhijit writes on tech policy, gaming, security, AI, robotics, electronics and startups. He has been in the media industry for over 12 years.
Catch all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 21 Sep 2022, 08:12 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App