Technology AI, Science and New Things
India has the potential to become an AI superpower. It’s home to one of the world's largest AI talent pools, explained not just by its population but by a strong network of higher education institutions and its global position as an IT outsourcing powerhouse. For now, the data shows that much of this AI talent, particularly specialists, moves overseas, while fewer people make the switch from academia to industry. Also, India’s success in AI hasn’t yet translated into computing capacity and high private investment levels: it ranks 21st on the Tortoise Global AI Index in terms of semiconductor manufacturing and has only 4 of the top 500 supercomputers, and in Q2 of 2024 only 0.3 per cent of global AI private funding went into Indian AI companies. But it scores so highly on talent that in the latest update of the rankings, released tomorrow, India enters the top ten for the first time.
