Chip behemoth Nvidia introduced a lightweight artificial intelligence model for India's widely spoken Hindi language on Thursday, aiming to capitalize on a booming market for AI technologies.

Chief Executive Jensen Huang is scheduled to meet with Mukesh Ambani, chairman of conglomerate Reliance Industries and Asia's richest man, during a conference in Mumbai, the California-based company said.

Nvidia is releasing its new small language model, Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for businesses to utilize in constructing their own AI models, the company announced.

"The model was pruned, distilled and trained with a combination of real-world Hindi data, synthetic Hindi data and an equal amount of English data," according to a statement from the company.

Tech Mahindra, an Indian IT services and consultancy company, is the first to leverage Nvidia's technology to construct a unique AI model called Indus 2.0, which is focused on Hindi and dozens of its dialects, according to the US company.

It stated that hardly one-tenth of India's 1.4 billion people speak English, despite the fact that the constitution recognizes 22 languages. Access to qualified talent is a major hurdle in unlocking the full potential of artificial intelligence (AI). India, with one of the largest AI talent pools, is also facing this issue.

Businesses in India, ranging from huge corporations to startups, have concentrated on developing AI models based on their different languages in order to increase consumer appeal and drive activities like as customer service AI assistants and content translations.

Unlike large-language models, such as OpenAI's GPT-4, which powers ChatGPT, tiny language models are trained on considerably smaller and more particular datasets.

They are often less expensive, making them more appealing for businesses with limited resources.

Global chip corporations are investing in India and establishing facilities to extend their presence as the country strives to develop its semiconductor industry and compete with key hubs such as Taiwan, though analysts predict the endeavor will take years.

Nvidia, which first established itself in India about two decades ago, now has engineering and design facilities as well as offices in important cities such as Bengaluru, the southern tech hub, and Hyderabad.