INDIA FOCUSED ON BECOMING AI APPLICATION CAPITAL OF THE WORLD : ASHWINI VAISHNAW

What happened: Union Electronics and Information Technology Minister Ashwini Vaishnaw said India is focused on becoming the AI "application capital" of the world, speaking at the launch of the Semicon 2.0 Web Application Portal. Key numbers: 50% of the units approved are SMEs or MSMEs. Why it matters: Vaishnaw said the global AI industry is seeing significant turbulence and rapid changes, and that industry focus is on applying AI models across agriculture, healthcare and education. He also said the roadmap for an indigenous GPU chip is getting finalised.

Union Electronics and Information Technology Minister Ashwini Vaishnaw said India is focused on becoming the AI "application capital" of the world, speaking at the launch of the Semicon 2.0 Web Application Portal.

Vaishnaw said the global AI industry is seeing significant turbulence and rapid changes, and that industry focus is on applying AI models across agriculture, healthcare and education. He also said the roadmap for an indigenous GPU chip is getting finalised.