AI revolution being led by India

LiveWire

2024-11-07

Source: IBM, Statista The global AI market is projected to grow at an impressive annual rate of 37% from 2024 to 2030, signalling a major transformation across economies worldwide. India’s rapid AI ...

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India’s rapid AI ...</p>\n\n<a href=\"https://www.livewiremarkets.com/wires/ai-revolution-being-led-by-india\">网页链接</a>\n\n</div>\n","source":"livewire_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AI revolution being led by India</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAI revolution being led by India\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.livewiremarkets.com/wires/ai-revolution-being-led-by-india><strong>LiveWire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Source: IBM, Statista\nThe global AI market is projected to grow at an impressive annual rate of 37% from 2024 to 2030, signalling a major transformation across economies worldwide. India’s rapid AI ...</p>\n\n<a href=\"https://www.livewiremarkets.com/wires/ai-revolution-being-led-by-india\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BABA","symbol_name":"阿里巴巴","start_time":0,"source_url":"https://www.livewiremarkets.com/wires/ai-revolution-being-led-by-india","article_id":"2481219956","we_media_id":null,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/ai-revolution-being-led-by-india","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2481219956","pubTimestamp":1730930411,"columns":[],"sourceInfo":{"source_id":"livewire_stock","name":"Livewire Markets"},"weMediaInfo":null,"summary":"The global AI market is projected to grow at an impressive annual rate of 37% from 2024 to 2030, signalling a major transformation across economies worldwide. 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With support from global chipmakers like Nvidia, which recently partnered with Indian cloud services company Yotta, India is ra","collect":0,"end_time":0,"defaultTopTitle":"livewiremarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BABA":"阿里巴巴","NVDA":"英伟达","BK4576":"AR","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","MSFT":"微软","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4535":"淡马锡持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","BK4077":"互动媒体与服务","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4561":"索罗斯持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4573":"虚拟现实","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","TCS":"The Container Store","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","BK4504":"桥水持仓","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4548":"巴美列捷福持仓","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU0080751232.USD":"富达环球多元动力基金A","BK4516":"特朗普概念","TCEHY":"腾讯控股ADR","BK4532":"文艺复兴科技持仓","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC"},"translate_title":"印度引领的人工智能革命","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":0.6,"MSFT":0.8,"NVDA":0.9,"TCEHY":0.7,"TCS":1},"content_text":"Source: IBM, Statista\nThe global AI market is projected to grow at an impressive annual rate of 37% from 2024 to 2030, signalling a major transformation across economies worldwide. India’s rapid AI adoption positions it uniquely within this trend, making it a country to watch closely for investors seeking exposure to AI-driven growth. \nIndia’s swift deployment of AI is driven by several distinct factors, including AI optimism in the workforce, strategic government initiatives and private sector investments. These elements create a high-growth AI environment that would be difficult to replicate elsewhere, suggesting India may capture substantial economic and corporate gains from the AI boom.\nAI in the workforce\nIndia’s\nrapid AI adoption is notable, with 92% of Indian knowledge workers already\nusing generative AI—significantly higher than the global average of 75%.\n\n\n\n\n\n\n\n\n\nSource: Microsoft, LinkedIn\nIndia’s workforce is very optimistic about AI. According to Puneet Chandok, President of Microsoft India, this high adoption rate reflects India’s readiness to integrate AI at scale. Microsoft and other tech leaders are supporting training initiatives to prepare 2 million people with AI skills by 2025, further strengthening India’s AI capabilities. This proactive approach highlights India’s unique advantage in a world increasingly reliant on AI talent and technology integration.\nGovernment-Led “Bottom-Up” Approach\nIndia’s government has been instrumental in fostering AI, deploying a “bottom-up” approach by building digital public infrastructure (DPI). Combining technology with public services, DPI has created broad access for over 900 million internet users, improving governance and payment systems, and providing a robust foundation for AI development. \nIndia’s AI strategy is ambitious; in March 2024, it allocated $1.25 billion toward the India AI Mission to support start-ups and computing infrastructure, further boosting its competitive edge in the global AI race. Additionally, the government is developing targeted language models for public services, demonstrating India’s commitment to creating AI solutions that cater to its diverse population and that could serve as blueprints for similar challenges globally.\nIndia’s Growing AI Infrastructure and Private Sector Investments\nThe spotlight on India comes at a time when many countries around the globe are keen to foster their own competing AI systems rather than turning to the U.S. or China. In the last few years, the Indian government has nurtured an ecosystem where global players like Google and Meta, Indian businesses like Reliance Jio and Tata Consulting Services, and homegrown start-ups can take advantage of its cost-efficient technological landscape.\nThe demand for computing infrastructure has also led the Indian government to procure 1,000 GPUs to power AI innovations. With support from global chipmakers like Nvidia, which recently partnered with Indian cloud services company Yotta, India is rapidly expanding its AI infrastructure. \nPrivate sector giants are also racing to develop AI projects. Tata Consultancy Services (TCS) and Adani Group have announced major investments in generative AI, further cementing India’s AI ambitions. Reliance’s collaboration with Indian academia to launch \"Bharat GPT,\" a Chat GPT-style service tailored for India’s linguistic diversity, shows how Indian companies are embracing AI to drive productivity and innovation across sectors.\nWhat Does this Mean for Investors?\nAs mentioned earlier, these unique factors place India in a strong position to benefit from the AI boom. The adoption of AI in India is being used in almost every industry in the country, potentially contributing to a massive economic boost. \nAccording to EY, Gen AI’s contribution would translate to US$1.2 trillion to US$1.5 trillion cumulated GDP by 2030, representing an additional CAGR of 0.9% to 1.1% to its GDP growth. This is on top of an already impressive growth trend for the Indian economy, accelerating its potential as a stand-alone investment region for investors, deserving a place in every growth investors portfolio.\n\n \n\n\nNever miss an update\n\n    Enjoy this wire? Hit the ‘like’ button to let us know. \n    Stay up to date with my current content by \n    following me below and you’ll be notified every time I post a wire","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}