- As per a recent report, Global AI investments have doubled in the last year, but India’s share in global investment remains at 1.5%.
- AI will aggregate a value-add worth $450-500 billion to India’s GDP by 2025.
- The study has also found that around 65% of the organizations have defined AI strategy either at a functional, or enterprise level.
- Chatbots are the most widely-implemented AI applications in the country.
- Personal Data Protection Bill acts as a major change in policy.
- It has been suggested that companies should consider data sanitization and removal of personal identifiers for complying with the proposed norms.
Question:
Ques: 1. As per the NASSCOM report investments in AI to cross $880 mn by which of the following year?A.2024
B.2026
C.2023
D.2030