India takes the local track in its AI race

India takes the local track in its AI race

AI’s integration into the enterprise sector in India has matured significantly, becoming a cornerstone for businesses seeking to enhance product efficiency, streamline supply chains, and reduce time-to-market. Recent research underscores the growing adoption of AI within the Indian enterprise landscape. A study conducted by Morning Consult, commissioned by IBM, found that approximately 59% of enterprise-scale … Read more

Industry welcomes govt’s move to amend GenAI advisory

Industry welcomes govt's move to amend GenAI advisory

NEW DELHI : The government’s move to amend its 1 March advisory mandating companies developing GenAI- and AI-based tools and features to take explicit government consent before releasing them in the market was welcomed by industry players, as they wouldn’t now need to take any permissions. The amended advisory was issued on 15 March, which … Read more

India’s AI market to reach $17 bn by 2027: Report

India's AI market to reach $17 bn by 2027: Report

Mumbai: India’s AI market is expected to grow at a compound annual growth rate (CAGR) of 25-35% to $17 billion by 2027, according to a report by Nasscom and the Boston Consulting Group. This growth will be fuelled by multiple factors, including increasing enterprise tech spending, India’s growing AI talent base and a significant increase … Read more

We can’t help but be excited by generative AI: Apple’s Greg Joswiak

We can’t help but be excited by generative AI: Apple's Greg Joswiak

“One of the things we see constantly indicative of this generation is (that) they are always trying to make the world better,” says Joswiak, who was in India last month. “Each of them had a purpose that was bigger in scope than just making something that was entertaining or beautiful… I feel this incredible sense … Read more