[Market Trends] Microsoft and Google Look to India to Fuel AI Push | Firstpost
๐ India's AI Ascent: Silicon Valley Giants Bet Big on Tech Talent
Microsoft and Google are turning their attention to India to boost their artificial intelligence (AI) initiatives, signifying the country's emerging role as a key hub for AI development. With visits from Microsoft CEO Satya Nadella and Google's Chief Scientist Jeff Dean to Bengaluru, the companies are highlighting the opportunities in AI through talks and meetings with tech leaders and startups. India's robust tech growth, coupled with a talent pool of 5 million programmers, including half a million specialists in AI and data sciences, underscores the nation's global reputation in technology. Recognizing the potential, Microsoft aims to train 100,000 developers in AI, while Indian IT giants Infosys and Tata Consultancy Services are also initiating AI training programs. This move, supported by the Indian government's investment in tech innovation, including a significant financial corpus for young tech entrepreneurs, positions India as a pivotal player in the global AI landscape, poised to significantly contribute to global GDP growth.