Author: QH team
QH team
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India’s artificial intelligence (AI) market is valued at $6.4 billion, with expenditure expected to reach $11.78 billion by 2025, Shanti Ekambaram, deputy managing director of Kotak Mahindra Bank, said in her address at ET Conversations.”India leads globally in AI skill penetration and ranks second in generative AI = adoption. Initiatives like the ‘IndiaAI Mission’ and investments from Nvidia are fostering a thriving AI ecosystem,” Ekambaram said. She said the AI investments in India could potentially add nearly $500 billion to the GDP.”Over 100 GenAI startups have raised more than $600 million since 2019, and educational initiatives are upskilling nearly half…
The long-awaited administrative rules providing specifics of the legislation governing personal data and its protection are likely to be notified soon, a top lawmaker told ET.This could happen “well before” the Maharashtra assembly elections to be held on November 20, the person added.The Digital Personal Data Protection (DPDP) Act was enacted in August 2023 but it is yet to become operational.“The approvals take time. There is nothing to worry about. Only the home ministry’s approval is pending. The regulations will be notified soon, well before the Maharashtra elections,” said the government official cited above.The Act aims to regulate the storage,…
India’s artificial intelligence (AI) market is valued at $6.4 billion, with expenditure expected to reach $11.78 billion by 2025, Shanti Ekambaram, deputy managing director of Kotak Mahindra Bank, said in her address at ET Conversations.”India leads globally in AI skill penetration and ranks second in generative AI = adoption. Initiatives like the ‘IndiaAI Mission’ and investments from Nvidia are fostering a thriving AI ecosystem,” Ekambaram said. She said the AI investments in India could potentially add nearly $500 billion to the GDP.”Over 100 GenAI startups have raised more than $600 million since 2019, and educational initiatives are upskilling nearly half…
India’s artificial intelligence (AI) market is valued at $6.4 billion, with expenditure expected to reach $11.78 billion by 2025, Shanti Ekambaram, deputy managing director of Kotak Mahindra Bank, said in her address at ET Conversations.”India leads globally in AI skill penetration and ranks second in generative AI = adoption. Initiatives like the ‘IndiaAI Mission’ and investments from Nvidia are fostering a thriving AI ecosystem,” Ekambaram said. She said the AI investments in India could potentially add nearly $500 billion to the GDP.”Over 100 GenAI startups have raised more than $600 million since 2019, and educational initiatives are upskilling nearly half…
India’s artificial intelligence (AI) market is valued at $6.4 billion, with expenditure expected to reach $11.78 billion by 2025, Shanti Ekambaram, deputy managing director of Kotak Mahindra Bank, said in her address at ET Conversations.”India leads globally in AI skill penetration and ranks second in generative AI = adoption. Initiatives like the ‘IndiaAI Mission’ and investments from Nvidia are fostering a thriving AI ecosystem,” Ekambaram said. She said the AI investments in India could potentially add nearly $500 billion to the GDP.”Over 100 GenAI startups have raised more than $600 million since 2019, and educational initiatives are upskilling nearly half…