Agence France-Presse reported from Mumbai, India on March 10 that India's Ministry of Information Technology stated in a statement that the funds would be used to build computing infrastructure. Providing financial assistance to startups in the field of artificial intelligence
Mr. Rajeev Chandrasekhar, Deputy Minister for IT, India, said that the above investments will stimulate the Indian AI ecosystem. And position the country as an important force in shaping the future of AI for India and the world
The National Association of Software and Services Companies (NASCOM), an Indian IT industry body, said India's new AI market will be worth US$17 billion (about 600 billion baht) by 2027.
India has a large software services industry. AI software, which is created by contracting with an external person or organization, has been growing rapidly around the world since the 1990s, and is considered by many people to be both an opportunity and a threat to many jobs.
While Sam Altman, CEO of OpenAI, told an audience in New Delhi. Last year, entrepreneurs and companies in India said there would be difficulties in creating artificial intelligence products. Without significant financial support.
Image source: Agence France-Presse
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