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Karnataka is set to launch a "Government First" policy, aiming to streamline the procurement of innovative solutions from startups for public sector needs and bypass traditional tender complexities. This initiative seeks to provide emerging tech firms with vital government contracts, fostering local innovation and market access.
The Karnataka government is set to release a draft of its comprehensive 'Responsible AI' policy by the end of August, aiming to guide the safe, ethical, and transparent adoption of artificial intelligence across government systems and public services.
The Karnataka government has signed a Memorandum of Understanding (MoU) with FICCI FLO Bengaluru and the FLO Bengaluru Industrial Park Association to significantly enhance support for women entrepreneurs in both the startup and manufacturing sectors. This partnership aims to provide greater access to government programs, mentorship, funding, and crucial infrastructure.
Sarvam AI, an artificial intelligence startup based in Bengaluru, is poised to raise ₹700 crore ($74 million) in an extended Series B funding round, with Nvidia leading the investment. This significant capital injection will fuel the company's ambition to develop indigenous large language models and is further bolstered by government support through the IndiaAI Mission.