ICAI plans to provide financial data for India’s sovereign AI model

Chartered accountants’ apex body ICAI is in discussions with the ministry of electronics and information technology (MeitY) to provide financial and economic data of listed companies for India‘s sovereign Artificial Intelligence (AI) model.

The ministry is working to develop the country’s own large language models (LLMs).

A senior functionary at the Institute of Chartered Accountants of India (ICAI) said the institute plans to provide financial and economic data of listed companies to the LLMs (large language models) that will be developed in…