Defence minister Rajnath Singh expressed confidence that Bengaluru will lead the development of a homegrown AI foundational model, emphasizing the government's efforts to eliminate bureaucratic hurdles for investors. The four-day Invest Karnataka 2025 summit aims to attract Rs 10 lakh crore in investments and showcases the state's role as a global innovation hub. Anand Mahindra, chairman of Mahindra Group, plans to invest Rs 40,000 crore in Karnataka, while JSW Group chairman Sajjan Jindal has lined up a Rs 99,000 crore investment, including in the renewable space and an advanced steel plant.
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Original article source: https://timesofindia.indiatimes.com/city/bengaluru/red-carpet-for-investors-bluru-will-incubate-ai-model-rajnath-singh/articleshow/118156194.cms
Source Id: 8543185671