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Summary:

India, a key player in the global computer industry, is predicted to experience a 20-fold growth in computing capacity by 2024, with the goal of exporting major artificial intelligence (AI) solutions. At the Nvidia AI Summit 2024, CEO Jensen Huang emphasized Nvidia's commitment to expanding its ecosystem in India, describing the country as critical to the IT industry for many global corporations.

 

He highlighted the revolutionary shifts in the sector brought about by AI developments, claiming that India is on track to become a leader in AI exports rather than primarily a software exporter. He noted that AI will alter how work is executed rather than eliminate jobs, stating, "AI will not take away a job, but the person who uses AI to do a job better will.”

 

Source: IBEF 

 

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