In 2023, India was ranked 10th globally for private investments in AI

Current Context: The 2025 Technology and Innovation Report, released by the United Nations Conference on Trade and Development (UNCTAD) on April 4, 2025, highlighted India's growing prominence in Artificial Intelligence (AI).

India ranked 10th globally for private AI investments in 2023, with a total of $1.4 billion, making it one of only two developing countries, alongside China, in the top 10.
The United States secured the 1st position, contributing 70% of global AI funding with investments totaling $67 billion.
The report reflects India's advancements in AI innovation and infrastructure, driven by initiatives like the India AI Mission and research centers at IITs.
It also underscores concerns over automation-related job displacement, as the global AI market value is expected to reach $4.8 trillion by 2033.
Additionally, India improved its rank on the Frontier Technologies Readiness Index, moving from 48th in 2022 to 36th in 2024, showcasing its steady progress in research and industrial capacity.

Question:

Q.1 According to the 2025 United Nations Conference on Trade and Development (UNCTAD) Technology and Innovation Report, what was India's global rank in private AI investments in 2023?
a) 5th
b) 10th
c) 15th
d) 20th

Answer: b) India ranked 10th globally in private AI investments in 2023, showcasing its rising prominence in AI on a global scale.