Artificial Intelligence (AI) driven technology startups in India will be able to showcase their innovative solutions in fields like healthcare, education, agriculture and more, as a part of a new challenge taken up by the government.
An AI Solution Challenge is being organized for Indian startups by the Ministry of Electronics and Information Technology (MeitY) in the field of artificial intelligence to promote and showcase the new AI solutions developed by entrepreneurs.
The applications would be invited through Innovate Platform of MyGov and promoted on MeitY Startup Hub and Atal Innovation Mission, NITI Aayog. A jury of experts from industry, academia and government would select fifteen best AI startups for an AI Showcase on 6th October, 2020.
The challenge would remain open for those startups that provide innovative solutions in healthcare, education, natural language processing, transportation, smart mobility and agriculture. The applications can be submitted till 24th September and the top winners of each category would get cash awards of around Rs.20 lakh.
MeitY will also organise RAISE 2020 – Responsible AI for Social Empowerment 2020 which will be a Global Summit on Artificial Intelligence and held virtually from 5th to 9th October, 2020. Experts from industry, academia and government from all around the world would take part in this global summit and it will bring all stakeholders on AI together in one platform.
The event is planned in partnership with the industry and would provide platform for the best of AI startups to showcase their products. The need for this challenge has came up because the digital transformation has accelerated manifold as a result of the Covid-19 pandemic in the last few months. The pandemic has brought forward the importance of technologies like AI to address healthcare crisis, restarting supply chains, enabling online education in every aspect of the economy.
The government is of the opinion that the power of AI can easily solve the societal challenges and be the enabler for inclusion.