At the same time, India is hosting the world’s first large-scale four-day AI Impact Summit. This annual convening has consistently attracted a deep roster of notable leaders in the AI and tech space. Here’s how the event will play out in Bengaluru. It will feature executives from the dominant AI labs and Big Tech firms including OpenAI, Anthropic, Nvidia, Microsoft, Google and Cloudflare. Further elevating the global significance of the summit, high-level heads of state are expected to be in attendance.
Over 250,000 visitors are expected to visit the AI Impact Summit. This remarkable toonie demonstrates India’s strengthening and global-leading position in the AI industry. Perhaps the most recognizable names to sign on are Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, and Anthropic CEO Dario Amodei. Next to them is Mukesh Ambani, Chairman of Reliance Industries, next to Google DeepMind CEO Demis Hassabis. Their participation showcases the combined effort to stay ahead of developments in AI technology and how it may impact all industries.
Particularly interesting is India’s breakthrough exploration of AI. The country with the largest weekly active ChatGPT users—over 100 million—is the United States. This makes it second only to the US in number of users. Learners from India make up the biggest group of ChatGPT users in the world. Today, young people are more eager than ever to discover AI. Our call to redesign This exciting trend is evidence of the appetite for ingenuity that exists among our nation’s educational systems.
In comparison, India has committed $1.1 billion to its state-backed venture capital fund. This funding will engage directly with AI projects, even as the summit is held. This long-term financial commitment is intended to support the development of new technologies and draw additional investment into the region’s emerging tech sector. In other startup funding news, Bengaluru-based C2i has closed $15 million in a Series A funding round—continuing the wave of funding for diagnostics startups. The round was led by prominent investors like Peak XV (formerly known as Sequoia Capital India), Yali Deeptech, and TDK Ventures. C2i is committed to developing a data-centric power solution. This new initiative is a direct response to the alarming and increasing demand for cost-effective energy solutions in an age of accelerating technological advancement.
The AI Impact Summit is your chance to connect with industry leaders, policymakers, and innovators. They quickly began to have deep and meaningful debates about the role of emerging artificial intelligence in shaping international development. Over the next four days, registrants will take a deep dive into these discussions. They’ll dive deep into the ethical use of AI and how it can transform different sectors.