What is IndiaAI Mission, announced by govt to ‘bolster’ country's AI ecosystem?
9 months, 2 weeks ago

What is IndiaAI Mission, announced by govt to ‘bolster’ country's AI ecosystem?

Hindustan Times  

The government on Thursday announced the national-level IndiaAI Mission with a budget outlay of ₹10,371.92 crore. Here is all you need to know about IndiaAI Mission: The IndiaAI Mission has various components, namely IndiaAI Compute Capacity, IndiaAI Innovation Centre, IndiaAI Datasets Platform, IndiaAI Application Development Initiative, IndiaAI FutureSkills, IndiaAI Startup Financing, and Safe & Trusted AI. Under IndiaAI Compute Capacity, a cutting-edge, scalable AI computing infrastructure will be erected by deploying more than 10,000 Graphics Processing Units through strategic public-private collaborations. Also, the outlay will ensure a structured implementation of the IndiaAI Mission through a public-private partnership model.

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History of this topic

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada
2 weeks ago

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada

Live Mint  

New Delhi, Dec 9 Union Minister Jitin Prasada on Monday asserted the vision to develop artificial intelligence in India, for India, and all, and said the country is poised for an AI revolution. Prasada, Minister of State for Electronics & Information Technology, in a keynote address at the India Internet Governance Forum 2024, said India is not only the largest …

Navigating a way beside the Dragon's den: India's tightrope walk
2 weeks, 6 days ago

Navigating a way beside the Dragon's den: India's tightrope walk

Firstpost  

India must continue strengthening its military and economic independence, pursuing regional partnerships that offer security and economic alternatives to counter China Fortunately, India’s Vision 2030 places a strong emphasis on stability, strategic autonomy, and regional cooperation, and these principles are central to how India approaches its relationship with China, particularly in the context of the long-standing Himalayan border conflict and …

New mission to make Tamil Nadu leading AI hub in five years
1 month, 2 weeks ago

New mission to make Tamil Nadu leading AI hub in five years

New Indian Express  

CHENNAI: The state government will be implementing the Tamil Nadu Artificial Intelligence Mission to position the state as one of the leading AI hubs in the next five years. The TNAIM document is prepared by Tamil Nadu e-Governance Agency in association with ELCOT, iTNT and ICT Academy, said Chief Minister MK Stalin, who will head the TNAIM and have members …

Meta and Indian Govt. Sign Deal to Promote Open-Source AI in India
1 month, 3 weeks ago

Meta and Indian Govt. Sign Deal to Promote Open-Source AI in India

India Today  

Meta and the Indian government have signed a deal to promote open-source Artificial Intelligence (AI) in India. The collaboration will focus on establishing a Centre for Generative AI, Srijan, at IIT Jodhpur and launching a 'YuvAI Initiative for Skilling and Capacity Building' in partnership with AICTE.

Nvidia and Reliance to Build AI Infrastructure in India, Boosting Local Capabilities and Global Leadership
1 month, 4 weeks ago

Nvidia and Reliance to Build AI Infrastructure in India, Boosting Local Capabilities and Global Leadership

The Hindu  

Nvidia and Reliance Industries announce a major partnership to build an AI computing infrastructure in India. The partnership will include the construction of a new major data center using Nvidia's Blackwell AI chips, as well as the creation of an innovation center in the country. The collaboration aims to enhance local capabilities and position India as a significant player in …

India: A Crucial Hub for AI Innovation
Top News
1 month, 4 weeks ago

India: A Crucial Hub for AI Innovation

Firstpost  

NVIDIA CEO Jensen Huang highlights India's crucial role in the future of artificial intelligence (AI). The company is forging partnerships with some of the nation's biggest corporate players to build AI infrastructure in India, with a rapidly growing digital economy and burgeoning tech ambitions, India is emerging as a strategic hub for NVIDIA's global AI goals.

Centre convenes roundtable on how to finance AI start-ups
3 months, 3 weeks ago

Centre convenes roundtable on how to finance AI start-ups

Hindustan Times  

The ministry of electronics and information technology on Tuesday held a roundtable on how to finance AI start-ups under the ‘INDIAai’ mission, during which venture capitalists, angel investors, and AI start-ups told government officials that giving grants alone do not work, and that funds should be given to entities that are actually working in the AI space, three people aware …

Government invites bids to empanel AI infra providers under ₹10,372 crore India AI mission
4 months ago

Government invites bids to empanel AI infra providers under ₹10,372 crore India AI mission

The Hindu  

The government has invited bids for the empanelment of entities for providing Artificial Intelligence services on cloud under the ₹10,372-crore India AI mission, which was approved by the Cabinet in March this year. The empanelled agencies, such as data centres and cloud service providers, will have to provide access to high-speed computing AI infrastructure such as graphics processing unit, accelerators, …

AI, AI Captain: India Tops Global Rankings in Skills, GitHub Projects, 40th in Readiness: MoS IT to Parliament
4 months, 2 weeks ago

AI, AI Captain: India Tops Global Rankings in Skills, GitHub Projects, 40th in Readiness: MoS IT to Parliament

News 18  

While India ranks first in Artificial Intelligence Skill Penetration and first in the number of GitHub AI Projects in the Stanford AI Index report 2024, in the Oxford AI Readiness Index, India is ranked 40th, reflecting the country’s ongoing efforts to strengthen its AI infrastructure, Jitin Prasada, Minister of State for Electronics and Information Technology, recently told Parliament. Prasada emphasised …

Union budget 2024-25 should prioritise AI research: Experts
5 months ago

Union budget 2024-25 should prioritise AI research: Experts

New Indian Express  

BENGALURU: As IT companies are increasingly focusing on Artificial Intelligence and Generative AI use cases, experts say the upcoming Budget should promote AI research and implementation apart from focusing on upskilling programmes. In the interim Budget, finance minister Nirmala Sitharaman had announced that three centres of excellence for Artificial Intelligence would be set-up in top educational institutions. “With the increasing …

Centre earmarks ₹5k-cr in AI plan for computing power
5 months, 2 weeks ago

Centre earmarks ₹5k-cr in AI plan for computing power

Hindustan Times  

The Indian government has earmarked about ₹5,000 crore to provide over 10,000 Graphics Processing Units as part of its ₹10,000 crore-plus IndiaAI Mission, a senior official announced on Thursday. Centre earmarks ₹ 5k-cr in AI plan for computing power Speaking at the Global IndiaAI Summit, Abhishek Singh, additional secretary in the ministry of electronics and information technology, said the funds …

We Are Keeping India In Mind In Whatever Important Decisions We Make: OpenAI VP At Global India AI Summit
5 months, 2 weeks ago

We Are Keeping India In Mind In Whatever Important Decisions We Make: OpenAI VP At Global India AI Summit

ABP News  

Global India AI Summit was held in Delhi on July 3 during which ChatGPT maker OpenAI said that it has been developing a growing habit on a leadership team to keep learning from India. While addressing the Global India AI Summit, Open AI VP Srinivas Narayanan said, "We have been developing a growing habit on a leadership team to keep …

Global IndiaAI Summit 2024 to be inaugurated by Union Minister Ashwini Vaishnaw today: Details
5 months, 2 weeks ago

Global IndiaAI Summit 2024 to be inaugurated by Union Minister Ashwini Vaishnaw today: Details

India TV News  

The two-day 'Global IndiaAI Summit 2024' is set to take place today from the national capital region on July 3-4. Notable sessions will include 'IndiaAI: Large Language Models', and will be exploring on how advanced AI models could navigate India's linguistic diversity while upholding ethical standards. Concurrently, the 'GPAI Convening on Global Health and AI' will further gather insights into …

MeitY to hold Global India AI Summit-2024 on June 3 and 4 in New Delhi
5 months, 3 weeks ago

MeitY to hold Global India AI Summit-2024 on June 3 and 4 in New Delhi

Deccan Chronicle  

Hyderabad: Global India AI Summit-2024 is scheduled to be held on July 3 and 4 as the Ministry of Electronics and Information Technology is all set to host an esteemed gathering of international delegates, AI experts, and policymakers at the summit. The summit will be inaugurated by Ashwini Vaishnaw, Union Minister for Ministry of Electronics and Information Technology, Railways, and …

AI Mission launched, offers up to 2 lakh fellowship to students: Check eligibility
6 months ago

AI Mission launched, offers up to 2 lakh fellowship to students: Check eligibility

India TV News  

The Ministry of Electronics and Information Technology has initiated the IndiaAI Mission with a budget of Rs 10,372 crore. Which institutes are eligible Engineering students enrolled in B.Tech or M.Tech programs at colleges ranked among the top 50 in the National Institutional Ranking Framework are eligible for AI fellowships. Fellowship amount As per the reports, B.Tech students will receive Rs …

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report
7 months, 1 week ago

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report

News 18  

Intel and IDC have unveiled a joint report assessing the Artificial Intelligence maturity level across eight markets, including India. The report highlighted that India’s AI spending is forecasted to experience the swiftest expansion among the examined markets, with a projected Compound Annual Growth Rate of 31.5 per cent from 2023, reaching $5.1 billion by 2027. According to the report, India, …

We will have AI models designed and built in India: Rajeev Chandrasekhar
9 months, 1 week ago

We will have AI models designed and built in India: Rajeev Chandrasekhar

Hindustan Times  

The recently announced IndiaAI Mission will help create artificial intelligence models that are wholly designed and built in the country, Union minister Rajeev Chandrasekhar asserted on Monday. “They have access to this kind of infrastructure, and as part of building digital infrastructure, IndiaAI will build this AI Compute infrastructure,” Chandrasekhar, who was speaking in Kerala's Thiruvananathapuram, explained. These are IndiaAI …

India’s AI leap: bridging the gap
9 months, 1 week ago

India’s AI leap: bridging the gap

Live Mint  

Though Prime Minister Narendra Modi and the Union government have been talking about ‘Making AI in India’ and ‘Making AI Work for India’ for some time now, there was a worry that the lack of powerful AI compute infrastructure could hold India’s AI ambitions back. The money allocated to help build the all-critical GPU infrastructure through a public-private partnership model …

Mission possible for Battlefield AI
9 months, 2 weeks ago

Mission possible for Battlefield AI

Hindustan Times  

The India AI Mission, approved by the Cabinet on Wednesday, could give Artificial Intelligence development in the country the quantum leap it needs. The mission eyes a comprehensive bolstering of the AI ecosystem — from setting up adequate computing power to facilitating access to anonymised datasets, even establishing a pipeline for AI talent. India’s size and diversity make it imperative …

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race
9 months, 2 weeks ago

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race

Hindustan Times  

India will invest $1.2 billion in a wide range of artificial intelligence projects as the world's most populous country stakes a claim to the burgeoning sector. Junior minister Rajeev Chandrasekhar said the investment "will catalyze India's AI ecosystem and position it as a force shaping the future of AI for India and for the world". OpenAI chief executive Sam Altman …

Cabinet clears AI mission with ₹10,372 crore outlay
9 months, 2 weeks ago

Cabinet clears AI mission with ₹10,372 crore outlay

Hindustan Times  

The Cabinet on Thursday approved the national IndiaAI mission with a budget outlay of ₹10,371.92 crore in a major push for the country to become an artificial intelligence hub by developing large language models, building AI infrastructure and upskilling its workforce. The IndiaAI Mission aims to establish the country as a leader in AI through initiatives like developing computing infrastructure …

India Launches Rs 10,300 Crore AI Mission
9 months, 2 weeks ago

India Launches Rs 10,300 Crore AI Mission

Deccan Chronicle  

New Delhi: The Union Cabinet on Thursday cleared “India artificial intelligence or AI Mission” with an outlay of over Rs 10,300 crore for five years. After the Cabinet meeting Union minister Piyush Goyal told reporters that the Cabinet approved the India AI Mission with an outlay of Rs 10,372 crore for five years to encourage AI development in the country. …

Union Cabinet approves over ₹10,300 crore for IndiaAI Mission
9 months, 2 weeks ago

Union Cabinet approves over ₹10,300 crore for IndiaAI Mission

Op India  

The Union Cabinet on 7th March approved an allocation of ₹10,371.92 crore for the IndiaAI Mission, marking a significant step towards bolstering India’s AI ecosystem, and to further the vision of Making AI in India and Making AI Work for India. This substantial financial infusion of over ₹10,300 crore, slated over the next five years, is poised to catalyse various …

Government approves IndiaAI Mission with outlay of Rs 10,372 crore: Here's everything you need to know
9 months, 2 weeks ago

Government approves IndiaAI Mission with outlay of Rs 10,372 crore: Here's everything you need to know

India TV News  

In order to encourage the development of artificial intelligence in India, the Union Cabinet on Thursday approved a national-level IndiaAI mission with a budget outlay of Rs 10,371.92 crore. As per the cabinet press note, “The IndiaAI mission will establish a comprehensive ecosystem catalysing AI innovation through strategic programs and partnerships across the public and private sectors”. The press note …

India's AI market to reach USD 17 billion by 2027: Nasscom
10 months ago

India's AI market to reach USD 17 billion by 2027: Nasscom

India TV News  

India’s artificial intelligence market is booming, and it is likely to grow at a 25 per cent compound annual growth rate to reach USD 17 billion by 2027, with similar growth in artificial intelligence investments. This growth has been fueled by multiple factors which include increasing enterprise tech spending, India’s growing AI talent base and a significant increase in AI …

India Needs 10 Lakh AI Experts, Says Rajanna
10 months, 1 week ago

India Needs 10 Lakh AI Experts, Says Rajanna

Deccan Chronicle  

Hyderabad: India needs 10 lakh people trained in artificial intelligence by 2026 and the technology industry is making significant investments in this, said V. Rajanna, president, of technology, services, and software, TCS. Delivering the keynote address at the annual event of Hyderabad Software Enterprises Association here on Wednesday, he said Hyderabad was a pioneer in launching digital citizen services in …

Union Budget and navigating the AI path
10 months, 3 weeks ago

Union Budget and navigating the AI path

Live Mint  

In the Union Budget for fiscal year 2023-24, finance minister Nirmala Sitharaman introduced the government's artificial intelligence plans, announcing three AI centres of excellence in top educational institutes. This initiative, aimed at realizing the 'Make AI in India' and 'Make AI Work for India' vision, was expected to see partnerships with industry leaders for interdisciplinary research and developing advanced applications …

India must grab the AI opportunity to speed up growth
11 months, 3 weeks ago

India must grab the AI opportunity to speed up growth

Live Mint  

In August, Chandrayan-3’s landing on the moon signified more than India’s advancement in science and technology. This allows us to move away from ‘narrow AI’ that can accomplish specific tasks to a future where AI agents will be able to accomplish several different tasks based on our interests and preferences. From enabling faster detection of diseases and driving cutting-edge innovations …

How India's tryst with Artificial Intelligence will ensure its developed status by 2047
1 year ago

How India's tryst with Artificial Intelligence will ensure its developed status by 2047

Firstpost  

Under Prime Minister Modi’s tech-focused policies, India has shifted from being a follower to a leader. Hosting the Global Partnership on Artificial Intelligence summit and leading GPAI in 2024 marks a significant leap In 1956, when John McCarthy introduced the term “Artificial Intelligence”, the idea that the 21st century would become synonymous with AI dominance was beyond anyone’s imagination. The …

AI summit adopts New Delhi declaration on inclusiveness, collaboration
1 year ago

AI summit adopts New Delhi declaration on inclusiveness, collaboration

The Hindu  

Following several hours of deliberations, representatives from 28 countries and the European Union adopted the ‘New Delhi Declaration’ of the Global Partnership on Artificial Intelligence. The ministerial declaration affirms the countries’ commitment to “principles for responsible stewardship of trustworthy AI … rooted in democratic values and human rights … and promoting trustworthy, responsible, sustainable and human-centred use of AI.” GPAI …

‘India to soon launch AI missions for agriculture, healthcare’: PM Modi at GPAI Summit 2023
1 year ago

‘India to soon launch AI missions for agriculture, healthcare’: PM Modi at GPAI Summit 2023

Firstpost  

While inaugurating the GPAI or Global Partnership on Artificial Intelligence Summit, 2023, Prime Minister Narendra Modi announced that the government will soon launch AI missions, focussing on healthcare and agriculture, supporting them with faster and easier to access computing India is set to embark on a new mission that will combine the powers of AI with healthcare and agriculture. Speaking …

India to host Global Partnership on Artificial Intelligence Summit from Dec 12
1 year ago

India to host Global Partnership on Artificial Intelligence Summit from Dec 12

Hindustan Times  

NEW DELHI: India will host the Global Partnership on Artificial Intelligence Summit from December 12 to December 14. The GPAI is a forum of 28 nations and the European Union that is working together to understand the challenges and opportunities of artificial intelligence, or AI, and to promote its responsible evolution. The GPAI brings along 28 Member countries and the …

‘India did in few years what took others generations’: PM Modi ahead of Global Partnership AI Summit
1 year ago

‘India did in few years what took others generations’: PM Modi ahead of Global Partnership AI Summit

Firstpost  

Emphasizing India’s rapid technological advancement, Prime Minister Narendra Modi stated that the country has achieved in just a few years what took others an entire generation and announced India’s ambitious plans to take a significant leap forward in AI Prime Minister Narendra Modi, announced India’s ambitious plans to take a significant leap forward in the realm of AI to empower …

India achieved in a few years with technology what took others a generation: PM Modi
1 year ago

India achieved in a few years with technology what took others a generation: PM Modi

The Hindu  

Prime Minister Narendra Modi Friday, December 8, 2023, said India is looking to take a giant leap in Artificial Intelligence to empower its citizens and asserted that it won't be an exaggeration to say the country achieved in a few years with technology what took others a generation. In a LinkedIn post inviting people to the Global Partnership on Artificial …

India aims to become global robotics hub with new national strategy: Check details here
1 year, 2 months ago

India aims to become global robotics hub with new national strategy: Check details here

India TV News  

India has taken significant strides in the realm of robotics, and according to Union Minister Rajeev Chandrasekhar, the national strategy on robotics policy is poised to offer substantial opportunities for the manufacturing sector, Industry 4.0, and cyber-physical systems. During the unveiling of the draft national strategy on robotics for public consultation, Minister Chandrasekhar expressed the aim for India to become …

India\'s AI Programme to Drive $1 Trillion Digital Economy by 2026: MoS Rajeev
1 year, 2 months ago

India\'s AI Programme to Drive $1 Trillion Digital Economy by 2026: MoS Rajeev

Deccan Chronicle  

NEW DELHI: The government is hopeful that India's artificial intelligence programme is likely to be a kinetic enabler for India to achieve the goal of a $1-trillion digital economy by 2026. “This is a deep, multi-year roadmap to make Indian AI work for being a kinetic enabler of the trillion dollar digital economy,” Chandrasekhar said. “Äpart from supporting the startup …

Data | India tops AI projects in GitHub
1 year, 4 months ago

Data | India tops AI projects in GitHub

The Hindu  

In 2022, software developers in India contributed to over 24% of AI related projects in GitHub, the most in the world, according to Stanford’s latest Artificial Intelligence Index Report. Journal publication share The chart shows the distribution of AI journal publications over the last 12 years, sorted by geographic region. In fact, all the top nine out of the ten …

Confident that India-US partnership will shape the future of AI, says Rajeev Chandrasekhar
1 year, 6 months ago

Confident that India-US partnership will shape the future of AI, says Rajeev Chandrasekhar

Firstpost  

IT Minister Rajeev Chandrasekhar has stated that he is confident that following PM Modi’s US visit, India-US relations have become so strong especially considering tech, that the two countries will shape the way AI takes shape in the future Prime Minister Narendra Modi’s visit to the United States has been highly significant. Chandrasekhar sees the investments by Micron, Lam Research, …

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar
1 year, 6 months ago

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar

The Hindu  

The Indian Government has set a goal of making technology 20-25% of the country’s GDP by 2025, India’s IT Minister Rajeev Chandrasekhar has told Indian American entrepreneurs and asked them to be part of this story of India. “Over the last nine years, the digital economy has expanded, diversified and currently there isn’t a slice or space in the tech …

AI's potential in enhancing India's tech ecosystem vast: PM Modi
1 year, 6 months ago

AI's potential in enhancing India's tech ecosystem vast: PM Modi

The Hindu  

Prime Minister Narendra Modi held a meeting with OpenAI CEO Sam Altman on June 9 and said that artificial intelligence's potential in enhancing India's tech ecosystem is vast, among the youth in particular. Earlier, Mr. Altman said in a tweet, "Great conversation with @narendramodi discussing india's incredible tech ecosystem and how the country can benefit from ai. The potential of …

A word of caution about India and the AI wagon
1 year, 6 months ago

A word of caution about India and the AI wagon

The Hindu  

There has been a rise in warnings against Artificial Intelligence by technology leaders, researchers and experts, including Geoffrey Hinton, Elon Musk, Emad Mostaque, Cathy O’Neil, Stuart J. Russell, and many others. Both commercial and government players in India are already evolving from Big Data towards AI for better targeting, efficiency, profits, as well as ‘perceived and intended’ social welfare. Furthermore, …

An ‘atmanirbhar’ AI will benefit India. Here’s why
1 year, 7 months ago

An ‘atmanirbhar’ AI will benefit India. Here’s why

Hindustan Times  

ChatGPT may represent a point of inflection in public consciousness about the power of Artificial Intelligence and its key role in society. But the problem is that RBI has shortlisted seven foreign companies, one of which would eventually develop and likely run its AI operations. When applied to the supervision of India’s financial systems, what comes out of such foreign-sourced …

Make AI Work For India: What The Future Holds For Artificial Intelligence
1 year, 9 months ago

Make AI Work For India: What The Future Holds For Artificial Intelligence

ABP News  

As India stands at the threshold of leaving China behind to be the most populous country in the world, it now holds immense responsibility to decide the future of education, employment, and skill development of nearly one-fifth of the global population. Projects like Digital India BHASHINI and Digi Yatra can be the stepping-stone for large-scale AI implementation across all major …

India’s AI focus on problem solving for agriculture, health and smart cities
1 year, 10 months ago

India’s AI focus on problem solving for agriculture, health and smart cities

Hindustan Times  

The Union Budget 2023 highlighted the government’s focus on building localised applications for artificial intelligence, announcing that the country will set up three new centres in top educational institutions with the intention of finding scalable solutions across sectors, including agriculture, health, and sustainable cities. “The three new planned, dedicated AI Centres of Excellence will help accelerate the adoption and mainstreaming …

Union Budget 2023 AI Nirmala Sitharaman Artificial Intelligence Make India Work
1 year, 10 months ago

Union Budget 2023 AI Nirmala Sitharaman Artificial Intelligence Make India Work

ABP News  

Artificial Intelligence is slowly taking over the world, and it appears that India is wholeheartedly looking to tap into the sector, with plans to set up "centres of excellence" to develop AI technology. Sitharaman announced that in order to help realise the vision of "Make AI In India and Make AI work for India," three centres of excellence for artificial …

Budget 2023: 3 AI centres of excellence to be set up, FM Sitharaman announces
1 year, 10 months ago

Budget 2023: 3 AI centres of excellence to be set up, FM Sitharaman announces

Hindustan Times  

Finance Minister Nirmala Sitharaman, while presenting Budget 2023, announced establishment of three centres of excellence for Artificial Intelligence in top educational institutions noting that 'Make AI in India' and to 'Make AI work for India' is the focus area of Modi government. In her budget speech in parliament on Wednesday, Sitharaman also stated that the government will implement a national …

IIT-Madras gets $1 million to study AI
2 years ago

IIT-Madras gets $1 million to study AI

The Hindu  

The Indian Institute of Technology Madras has received a grant of $1 million to set up a new multidisciplinary centre for research and development on responsible artificial intelligence. The Centre for Responsible AI is under the aegis of the Robert Bosch Centre for Data Science and Artificial Intelligence. Head of the centre B. Ravindran said the grant would help to …

AI Adoption Could Add $500 Billion to India's GDP By 2025: Nasscom
2 years, 6 months ago

AI Adoption Could Add $500 Billion to India's GDP By 2025: Nasscom

News 18  

The adoption of artificial intelligence and data utilisation strategy can add $500 billion to India’s GDP by 2025, a new Nasscom report showed on Thursday. The AI adoption in four key sectors — BFSI, consumer packaged goods and retail, healthcare, and industrials/automotive — can contribute 60 per cent of the total $ 500 billion opportunities, according to “AI Adoption Index” …

‘India expected to invest $1 billion in AI by 2023’
3 years, 7 months ago

‘India expected to invest $1 billion in AI by 2023’

The Hindu  

Global enterprises are expected to invest $98 billion in artificial intelligence by 2023 and India’s share in it will be about $1 billion, said Project Management Institute, a Philadelphia-based non-profit organisation with about 28,000 individual members in India. However, some $54 billion — 55% of this proposed global investment — may go waste due to lack of familiarity or understanding …

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