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By EquityPandit

TECHNOLOGY

OpenAI CEO: India Poised to Lead AI Revolution

OpenAI CEO Sam Altman stated that India is OpenAI’s second-largest market.

During his visit to India, OpenAI CEO Sam Altman met with Union IT Minister Ashwini Vaishnaw to discuss India’s growing role in AI development, focusing on AI adoption, cost reduction, and opportunities for Indian startups.

OpenAI CEO Sam Altman stated that India is OpenAI’s second-largest market, with user numbers tripling in the past year. He highlighted India’s growing role in AI innovation.

Union IT Minister Ashwini Vaishnaw compared AI development in India to the country’s low-cost moon mission, noting a 10x cost reduction in innovation each year.

The Indian government is integrating AI in agriculture, weather forecasting, and traffic management sectors.

Altman mentioned the potential for transformative AI applications, such as AI-powered tutors and medical diagnosis tools, but stressed AI is still in the research phase.

Both leaders acknowledged the need to stay ahead of AI’s societal impact, with Altman emphasising the importance of focusing on positive outcomes.

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