World News: Prime Minister Narendra Modi recently expressed his enthusiasm following a meeting with Aravind Srinivas, the Chief Executive Officer of Perplexity AI. The discussion revolved around the transformative power of artificial intelligence (AI), its applications, and its ongoing evolution. In a post shared on social media platform X, Modi stated, It was great to meet you and discuss AI, its uses and its evolution. Good to see you doing great work with @perplexity_ai. Wish you all the best for your future endeavours.Insights from the MeetingIn a reciprocal post, Srinivas reflected on the significance of their conversation, stating, Had the honour to meet Prime Minister @narendramodi ji. We had a great conversation about the potential for AI adoption in India and across the world. Really inspired by Modi Ji&#39s dedication to staying updated on the topic and his remarkable vision for the future. This exchange highlights a growing recognition of AI&#39s potential in enhancing various sectors within India and globally.Perplexity AI: Innovating Conversational IntelligenceFounded in 2022, Perplexity AI is a San Francisco-based conversational AI search engine that leverages large language models (LLMs) to provide accurate responses to user queries. The company was established by a team including Srinivas, Johnny Ho, Denis Yarats, and Andy Konwinski.Notably, Perplexity is backed by influential figures such as Jeff Bezos and Susan Wojcicki, among others. According to Srinivas&#39s LinkedIn profile, Perplexity AI aims to create the world&#39s first generally available conversational answer engine capable of addressing questions on any topic. The company&#39s mission is clear: to build the most knowledge-centric organization globally.IndiaAI Mission: A Major Investment in AIIn a related development, the Indian government has allocated over ₹10,300 crore for the IndiaAI Mission. This initiative represents a significant stride towards strengthening India&#39s AI ecosystem. The mission focuses on fostering innovation by democratizing access to computing resources, improving data quality, developing indigenous AI capabilities, and attracting top talent in the field.The financial commitment is set to catalyze various components of the IndiaAI Mission over the next five years. Key initiatives include establishing the IndiaAI Compute Capacity and Innovation Centre (IAIC), creating an IndiaAI Datasets Platform, and promoting Safe & Trusted AI practices.Supporting Startups and Social ImpactThe funding under the IndiaAI Mission is designed to enhance access to capital for emerging AI startups, facilitating their growth from product development to commercialization. Additionally, it includes provisions for industry-led projects that aim to create social impact through innovative solutions.This strategic approach underscores India&#39s commitment to nurturing an ecosystem that not only promotes technological advancement but also emphasizes ethical considerations in AI development.
