Foundational models, which form the basis of AI systems such as ChatGPT, are algorithms that train on vast amounts of data.

ChatGPT creator OpenAI's CEO Sam Altman is likely to visit India on February 5, sources said on Monday, adding that the high-profile founder is expected to meet top government officials and engage in an industry fireside chat during his trip.

India should be a leader in building small models, especially reasoning models,” Altman said, emphasising that while AI training costs will continue to rise exponentially, the returns in intelligence and revenue will also grow significantly.