Skip to content
Search

Latest Stories

Potential of AI in India's tech ecosystem vast, says Modi after meeting OpenAI chief

OpenAI deals with artificial intelligence technologies and has created ChatGPT

Potential of AI in India's tech ecosystem vast, says Modi after meeting OpenAI chief

THE chief executive officer of OpenAI, Sam Altman, met Indian prime minister Narendra Modi in New Delhi and discussed various aspects of AI including the need for global regulation.

Besides India, Altman is on a six-nation tour this week, including Israel, Jordan, Qatar, the UAE, and South Korea.


In a tweet, after meeting Altman, Modi wrote that the potential of AI in India's tech ecosystem is vast -- among the youth in particular.

"We welcome all collaborations that can accelerate our digital transformation for empowering our citizens," Modi wrote.

During a session at IIIT Delhi, Altman said they discussed about the opportunities in front of the country and what the country should do in AI.

"We also felt the need to think about global regulation, which prevents some of the downsides from happening," Altman said.

Altman said that his company was currently doing self-regulation.

"We spent almost eight months on GPT for making sure that it was safe enough to release. We build the technology, we have worked with organisations to figure out what the limits should be and tested them all. We do think that coordination is important. So self-regulation is important. It is something that we want to offer. The world should not be left entirely in the hands of the companies," Altman said at the session.

Talking about his plan for India, Altman said that the first thing he will do in India is to fund startups.

"We were always amazed and quite grateful for the quality of Indian startups," he said, adding that he had met some startups in India.

Given India's strong IT industry and a large set of data, AI-based utilities can leverage huge potential in the country. Though AI is still in its early stages.

The government, quoting Nasscom data in February, said the overall AI employment in India is estimated at about 416,000 professionals and the growth rate for the sector is estimated at about 20-25 per cent.

Further, AI is expected to contribute an additional $957 billion to India's economy by 2035.

Many nations the world over have been using AI technologies for better service delivery and to reduce human intervention but fears of job cuts remain as the technology evolves.

(ANI)

More For You

 Biman Bangladesh Airlines

Bangladesh's state-run carrier Biman Bangladesh Airlines is currently reviewing additional proposals from both manufacturers.

iStock

Bangladesh orders 25 Boeing aircraft as part of US tariff deal

Highlights
  • Bangladesh orders 25 Boeing wide-body aircraft, first delivery expected in 2029.
  • Biman Bangladesh Airlines evaluating additional offers from Boeing and Airbus.
  • Deal part of broader US trade agreement reducing tariffs from 37 per cent to 20 per cent.


Bangladesh has ordered 25 wide-body aircraft from Boeing as part of a tariff agreement with the United States, a senior commerce ministry official confirmed on Thursday, whilst the country evaluates competing proposals from European manufacturer Airbus.

"We made a commitment and ordered 25 wide-bodies, and we expect to receive the first one in 2029," official Mahbubur Rahman told AFP. "It's part of the tariff deal with the US."

Keep ReadingShow less