Artificial Intelligence to become the $100 Bn sector by 2025. AI sector has seen investment between $45-58 Bn globally, in 2019. AI startups have garnered upto $14 Bn investments last year. Including India, 28 countries are currently drafting AI policies and strategies. Findings were revealed at AI Application & Digi-Tech summit & Expo in Bengaluru.
India has over 4 Mn tech professionals who can steer forward the AI revolution. As per Tractia research, global AI market revenue will shoot to $118 Bn by 2025. India lags behind China in terms of research in AI. India requires to focus on education and framework in AI to boost the sector. AI can benefit agriculture, smart cities, skilling, governance and healthcare in India.
