Why in the News?

In a recent development, INDIAai and Meta India entered into a memorandum of understanding (MoU) to create a collaborative framework for cooperation and partnership in the realm of artificial intelligence (AI) and emerging technologies.

About INDIAai:

• INDIAai, the National artificial intelligence Portal of India, was launched on 28th May 2020 as a comprehensive platform.
• It serves as a knowledge portal, research organization, and ecosystem-building initiative.
• Its primary aim is to foster unity and encourage collaborations within India's AI ecosystem by bringing together various entities.
• This joint initiative is supported by the Ministry of Electronics and IT (MeitY), the National e-Governance Division (NeGD), and NASSCOM.
• NeGD, established in 2009 under the Digital India Corporation (a not-for-profit company set up by MeitY), plays a crucial role in this venture.
• NASSCOM, a prominent not-for-profit industry association, serves as the apex body for India's IT and IT-enabled products and services sector.
• INDIAai functions as the central knowledge hub for artificial intelligence and related fields, catering to aspiring entrepreneurs, students, professionals, academics, and all other stakeholders in the domain.

What is Artificial intelligence (AI)?

• Artificial Intelligence (AI) is a branch of computer science: It involves the development of intelligent machines that can perform tasks typically requiring human intelligence.
• Machine Learning and Algorithms: AI systems utilize machine learning algorithms to process vast amounts of data, learn from it, and improve their performance over time without explicit programming.
• Applications in various fields: AI finds applications in diverse domains, including natural language processing, image recognition, robotics, healthcare, finance, and autonomous vehicles, among others. Its goal is to mimic human cognitive abilities, such as problem-solving, reasoning, and decision-making.