India’s AI ambitions could add half a trillion dollars to its economy or deepen inequality if cannot train up its workforce fast enough
Delhi is seeking to leverage its experience in building large-scale digital public infrastructure and its vast pool of tech talent as the foundation for this transformation.
That sales pitch certainly appears to be drawing attention. The five-day AI summit, which ran to February 20, produced a wave of investment pledges. India’s minister for electronics and IT, Ashwini Vaishnaw, announced more than US$200 billion in AI and deep-tech commitments over the next two years.
Reliance Group, the Indian conglomerate, pledged US$110 billion into data centres and related infrastructure, while domestic rival Adani Group said it would invest US$100 billion in renewable energy-powered AI data centres by 2035.