India will rank among the world’s largest intelligence markets, according to Reliance Industries Chairman Mukesh Ambani.
“India will be one of the biggest intelligence markets. It is not only our aspirations, but I think it is just the raw gene pool and the row gene power that exists in India, the youth power that exists in India that drives intelligence….” Ambani stated this during Thursday’s NVIDIA AI Summit. He hopes the intelligence will be used outside of the country’s marketplaces.
“And Indians now will not only export CEOs to the world’s largest companies but hundreds of millions of Indians. And hundreds of millions will deliver AI services to help a better world,” Ambani said.
NVIDIA CEO Jensen Huang agreed with Ambani’s statement, “India used to be a country that produced software. You exported software. In the future, India is going to export AI. I hope to partner with all of you to enable India to be at the centre of this new industrial revolution.”
NVIDIA CEO Jensen Huang revealed a collaboration between Reliance and NVIDIA to develop AI infrastructure in India during the NVIDIA AI Summit in Mumbai.
“In order to lead an artificial intelligence, you need to have AI model technology that India has; you need to have data, and the last thing you need to have is AI infrastructure, and we are announcing that Reliance and NVIDIA are partnering to build AI infrastructure here in India,” Huang said.
Huang enumerated the benefits of developing AI infrastructure in India when he announced the alliance.
“One of the great advantages that India has, which is a very large population of users. And so now you have the fundamental ingredients… AI, data, and AI infrastructure, and you have a large population of users that ultimately creates your AI flywheel,” Huang said.
Ambani also appreciated Huang’s efforts in initiating the knowledge revolution. “What you are driving is the knowledge revolution, converting into what I call the intelligence revolution, and that drives prosperity across the world for all the 8 billion people, and I think what we are at the door steps of is the new intelligence age,” Ambani said.
He also quoted PM Modi and lauded his efforts, saying, “As our Prime Minister has said, this is a new aspirational India. What we have today is that we are among the only countries in the world where the average age of 1.4 billion Indians is below 35.”
“So, what is driving our economy is not only new technology, AI, but also aspirations. And I believe that his (PM) leadership in terms of converting India to a premier digital society has been vital and continues to drive activity at the ground level,” Ambani added.
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