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India to become AI use case capital of the world: Nandan Nilekani
Economic Times
ยท
1y ago
Medial
People+ai, an initiative of Nandan Nilekani's EkStep Foundation, has unveiled its vision for the future of AI in India called Adbhut India, along with the launch of the Open Cloud Compute (OCC) project. The project aims to build a platform for AI startups in India to discover, demonstrate, and disseminate population-scale use cases. Nilekani highlighted India's advantage of its population and aspirations and the need to build scalable and cost-effective AI solutions to deliver to a billion people. The OCC project aims to establish an open network for computing resources, addressing the growing demand for AI infrastructure.
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Infosys Chairman pushes for India as AI โUse Case Capitalโ over LLM development
Livemint
ยท
9m ago
Medial
Infosys Chairman and co-founder Nandan Nilekani has urged Indian AI companies to focus on practical AI applications rather than developing large language models (LLMs). He emphasized the need to build an infrastructure for data gathering and utilization to drive innovation across various sectors. Nilekani believes that India should prioritize synthetic data generation, small language models, and training that address real-world challenges. He encouraged Indian tech firms to establish robust systems for collecting and curating data, aiming for India to become the global capital for AI use cases. Nilekani praised Meta for making its Llama models open source and highlighted the importance of practical AI deployments in addressing real-world issues.
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Ashwini Vaishnaw On TIMEโs List Of Most Influential People In AI
Inc42
ยท
11m ago
Medial
Indian minister Ravi Shankar Prasad has been recognized for his efforts in advancing artificial intelligence (AI) in India. Prasad has been leading the country's push to become a major player in the world of AI. Other notable Indian figures on the list include Nandan Nilekani, Anil Kapoor, Satya Nadella, Sundar Pichai, and Aravind Srinivas. Nilekani was recognized for his non-profit organization Adbhut India, while Kapoor's legal victory over unauthorized AI use of his likeness earned him a spot.
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Infosys cofounder Nandan Nilekani on AI commoditisation, data, and the rise of Indian startups
Economic Times
ยท
5m ago
Medial
Infosys cofounder Nandan Nilekani emphasized the commoditization of AI models, suggesting the real challenge lies in applying AI to create value. He praised China's cost-effective, open AI model-building approach and noted that quality data, like AI4Bharatโs Indian language data, is crucial for progress. Nilekani highlighted India's startup boom, with numbers rising from 1,000 in 2016 to 150,000, powered by innovative use and increased capital. Rohini Nilekani stressed equal public and private AI infrastructure.
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AI will lead to concentration of wealth, power; must use AI for solving social challenges: Nilekani - The Economic Times
Economic Times
ยท
7d ago
Medial
Infosys co-founder Nandan Nilekani emphasizes the potential of AI to concentrate wealth and power but advocates using it to address pressing social issues in healthcare and education for a billion people. He suggests India focus on applying AI to solve these real-world challenges rather than entering an expensive AI race. Nilekani also expresses reservations about universal basic income, promoting AI's role in enhancing human potential and delivering high-quality citizen services innovatively and efficiently.
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India needs to grow beyond being AI 'use case' capital: Bhavish
Inshorts
ยท
1y ago
Medial
Entrepreneur Bhavish Aggarwal said India needs "to grow beyond just being the AI 'use case' capital of the world". "We became the social media use case capital of the world with the highest number of users for global platforms," he stated. "Everyone knows the strategic risk we have because of this and not having our...tech [and] platforms," he added.
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Infosys cofounder Nandan Nilekani predicts that India will have one million startups by 2035
Economic Times
ยท
4m ago
Medial
Infosys cofounder Nandan Nilekani predicts that India will have one million startups by 2035, driven by a 20% annual growth in the startup ecosystem. Addressing economic disparities, Nilekani emphasizes leveraging AI, capital, entrepreneurship, and economic formalization. He highlights initiatives like the Open Agri Network and AI-driven education to empower sectors like farming. He also stresses enhancing credit access through the Account Aggregator system and proposes measures to boost formalization and market access for MSMEs to achieve an $8 trillion economy.
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India uniquely poised to combine sprawling DPI with power of AI: Nandan Nilekani
YourStory
ยท
3m ago
Medial
India is well-positioned to integrate its digital public infrastructure (DPI) with AI for transformative applications, says Infosys chairman Nandan Nilekani. Speaking at Carnegie India's Global Technology Summit, Nilekani discussed the challenges of scaling AI, emphasizing its potential to enhance DPI and improve lives affordably. He highlighted the importance of safe, secure, and responsible AI, noting that while AI adoption globally is accelerating, India could lead in scalable, low-cost AI implementations, leveraging its existing digital foundation.
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Google Research India head disagrees with Nandan Nilekani, says India must build LLMs
Economic Times
ยท
8m ago
Medial
Google Research India head, Manish Gupta, has disagreed with Infosys chairman Nandan Nilekani's view that India should not invest in building foundational AI models. Gupta emphasized the importance of investing in Large Language Models (LLMs) and contradicted Nilekani's suggestion to focus solely on use cases. Gupta argued that India should follow the same approach as Nilekani did with Aadhaar, starting with foundational models. Gupta also highlighted the contributions of Indian researchers in developing global AI advancements and cited examples of innovative AI models developed by his team.
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One Million Start-Ups, Full AI Adoption: Nilekaniโs Blueprint for $8 Trillion Indian Economy
OutlookIndia
ยท
4m ago
Medial
Infosys cofounder Nandan Nilekani outlined a vision for India to reach a GDP growth of 8% and an $8 trillion economy by 2035. He anticipates one million start-ups will emerge, primarily from non-metro areas, growing at 20% annually. Key strategies include full adoption of AI, land monetization, easing regulations, and empowering MSMEs. Nilekani emphasizes using AI in priority sectors to boost efficiency and unlock economic potential, highlighting the importance of Gen Z in this transformation.
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AI to amplify India's Digital Public Infrastructure and boost inclusion, says Nandan Nilekani
YourStory
ยท
9m ago
Medial
Artificial intelligence (AI) has the potential to enhance India's Digital Public Infrastructure (DPI) and promote inclusivity in the country, according to Nandan Nilekani, non-executive chairman of Infosys. Speaking at the Build with AI Summit, Nilekani emphasized that AI will strengthen and accelerate the existing infrastructure, enabling greater inclusion. He highlighted the impact of AI on agriculture and education, illustrating how it can revolutionize access to information and learning. Nilekani also discussed the importance of leveraging India's digital infrastructure to advance AI technologies and promote inclusion at scale.
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