India is hosting a four-day AI Impact Summit aiming to attract AI investment, featuring major AI labs and Big Tech executives from companies like OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, along with global leaders. The summit, expecting 250,000 visitors, includes notable attendees like Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Reliance Chairman Mukesh Ambani, and Google DeepMind CEO Demis Hassabis. Prime Minister Narendra Modi and French President Emmanuel Macron will speak on Thursday.
Key updates:
– India has allocated $1.1 billion for a state venture capital fund aimed at AI and manufacturing startups.
– Sam Altman revealed India hosts over 100 million weekly ChatGPT users, second to the U.S., and leads in student usage.
– Blackstone gained a majority in Neysa through a $600 million equity funding, with another $600 million planned for GPU deployment.
– C2i in Bengaluru raised $15 million for data center power solutions.
– HCL CEO Vineet Nayyar emphasized profit over job creation in the AI boom context.
– Vinod Khosla predicted the IT and BPO services could disappear in five years due to AI.
– AMD and TCS partnered to develop AI infrastructure using AMD’s “Helios” platform.
– Anthropic is opening its first Indian office in Bengaluru, given India is the second biggest user of Claude outside the U.S.
– Anthropic and Infosys are working together on AI tools for telecommunications.
– Sarvam teased its Sarvam Kaze smart glasses and released various AI models.
– Adani plans to invest $100 billion in AI data centers using renewable energy by 2035.
– Cartesia and Blue Machines are joining forces for local data residency voice solutions.
– Cohere Labs introduced multilingual models supporting over 70 languages for local devices.
– OpenAI announced new offices in Bengaluru and Mumbai, and a partnership with Tata for AI compute capacity.
– India aims to attract over $200 billion in AI infrastructure investment within two years.
– Emergent reached $100 million ARR and launched a mobile app.
– Sarvam launched open-sourced models Sarvam 30B and 105B and partnered with Qualcomm, HMD, and Bosch for device deployment.
– Gnani released the Vachana voice cloning model in 12 languages.
– BharatGen released a 17 billion parameter model, Param 2, for 22 languages.
– JioHotstar will use ChatGPT for content discovery.
– Sarvam launched Indus, a ChatGPT competitor for multiple Indian languages.
– OpenAI stated that 18-24-year-olds make up nearly 50% of ChatGPT’s Indian user base.
– Tech Mahindra released an 8 billion parameter model for education.
– UAE’s G42, Cerebras, MBZUAI, and C-DAC collaborate to deploy 8 exaflops of compute in India.
– Sam Altman downplayed AI water usage concerns but acknowledged data center cooling challenges while suggesting human energy consumption comparisons are less fair.
– Over 88 countries and organizations, including the U.S., China, and Russia, signed the New Delhi AI declaration for social and economic AI use.
– India joined the Pax Silica group with the U.S. for efficient AI infrastructure material supply networks with other participating countries.