India’s ambition for global leadership in artificial intelligence (AI) faces significant challenges, primarily due to a funding crunch and a talent deficit. Despite robust potential in tech innovation, the lack of adequate financial resources stifles startups and established companies alike, limiting their capacity to develop cutting-edge AI solutions. Additionally, the scarcity of skilled professionals in the AI sector hampers progress, as there is an increasing demand for expertise in machine learning and data science. This talent gap poses a critical threat to India’s competitiveness against other leading nations in the AI landscape. To maintain its aspirations for AI leadership, India must address these issues head-on by enhancing investment in AI research and fostering education in technology-related fields. By overcoming these obstacles, India can position itself as a key player in the global AI ecosystem, driving innovation and contributing to economic growth.
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Funding Shortages and Talent Gaps: Major Challenges to India’s Aspiration for Global AI Leadership | Today News – Mint

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