Home » World » India’s Ministry of Information Technology Invests in AI Startups to Boost Industry Growth and Future Potential, Says Deputy Minister Rajiv Chandrasekhar

India’s Ministry of Information Technology Invests in AI Startups to Boost Industry Growth and Future Potential, Says Deputy Minister Rajiv Chandrasekhar

AFP news agency Report from Mumbai India on March 10 that the Ministry of Information Technology of India stated in a statement that The funds will be used to build computing infrastructure. and provide financial assistance to AI startup companies

Mr. Rajiv Chandrasekhar, Deputy Minister of Information Technology of 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. which is created by hiring an outside person or organization that is growing rapidly around the world Since the 1990s, which many people consider AI software is both an opportunity and threats to many jobs.

while OpenAI Chief Executive Officer Sam Altman told an audience in New Delhi. Last year that Entrepreneurs and Companies in India There will be difficulties in creating AI products. without significant financial support.

Photo credit: AFP

#India #plans #invest #million #baht #infrastructure #startups #Daily #News
2024-03-10 08:30:17

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