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Indian GenAI startups secure $700 million investments, defying global funding winter. Growing confidence in India's AI ecosystem, with 100+ startups thriving.
SAP pushes for bias-free GenAI solutions and responsible AI regulation. Through synthetic data and responsible AI guidelines, the company aims to eliminate biases and promote transparency in AI development.
Indian Government to Fund and Support AI Startups to Boost Ecosystem. India plans to provide funding and incentives to AI startups, modeled after the semiconductor industry. The government will also allocate resources for building foundational AI models and exploring synergies with the semiconductor industry. Minister Chandrasekhar emphasized the need for a global framework to regulate AI and highlighted its potential to propel India's digital economy. The move comes as generative AI gains momentum among Indian entrepreneurs, with the adoption of the technology expected to increase.
Discover the concerns raised by experts at the Fintech is Dead. Long Live FinAI summit about the uncontrolled growth of AI and its potential impact on the finance sector. Learn why effective regulation is crucial in this evolving landscape.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?