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The IndiaAI Mission just had one of its biggest weeks. Avataar.ai launched Varya — India's first distilled video AI model at just 50 paise per second, nearly 20x cheaper than global rivals. Saurabh Vijay (UIDAI CEO) was appointed the new head of the IndiaAI Mission. Indian AI startups crossed $50 billion in global funding. And IndiaAI Mission 2.0 was announced — shifting focus to sovereign R&D, MSME AI tools, and inclusive adoption at scale.

India's AI story took major strides this week. 600+ founders and investors gathered at the Inc42 AI Summit 2026 in Bengaluru. Sarvam AI's Sarvam-30B and Sarvam-105B foundational models are now live on AIKosh. India's AI market is projected at $126Bn by 2030. And 170+ AI startups have collectively raised $2.6 billion. Here's the full IndiaAI Mission update for May 2026.

The IndiaAI Mission 2026 is accelerating fast. From a fresh MoU with Karya for inclusive datasets, to India's first Sovereign AI Park in Tamil Nadu and 12 government-backed indigenous AI models now live — here's everything happening right now in India's AI revolution.