2 months, 2 weeks ago

Funds allocated for integration of AI in various fields

New Delhi: Union finance Minister Nirmala Sitharaman on Saturday unveiled new and emerging technologies in its eighteenth Cabinet’s plans for funding the integration of artificial intelligence or AI in various fields. A new fund of funds, with expanded scope and a fresh contribution of additional Rs 10,000 crore is also on anvil,” Sitharaman said, while presenting her Budget in Parliament. Besides, there is good news for startups as a new ‘Fund of Funds’ with expanded scope and a fresh contribution of additional Rs 10,000 crore will be set up. Now, a new fund of funds, with expanded scope and a fresh contribution of another Rs 10,000 crore will be set up,” she said.

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