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Paytm To Lead India’s Growth As A Superpower In The Artificial General Intelligence Realm: Vijay Shekhar Sharma

Inc42 · 1y

During Paytm's annual general meeting (AGM), founder and CEO Vijay Shekhar Sharma emphasized the company's commitment to becoming a global superpower in artificial general intelligence (AGI). Sharma highlighted the potential of Paytm's AGI stack to lower costs, enhance financial system security, and serve the needs of India's financial services ecosystem for decades. Paytm aims to serve half a billion Indians with technology and achieve free cash flow positivity despite significant investments in product development and distribution expansion. The company has been actively launching new products and reducing losses while navigating regulatory challenges.