India is emerging as a key player in the global generative artificial intelligence (GenAI) ecosystem, now ranked sixth. The US leads the global chart among major economies for its startup ecosystem in this space. Other regions ahead of India include the UK, Japan, Israel, and the European Union.
Nasscom's GenAI Tracker: Tech Industry Activity report highlights major growth in funding, with the second quarter (Q2) of 2024-25 (FY25) recording 20 funding rounds, marking a sharp recovery after a sluggish first quarter/Q1 ($8 million).
This story is from the November 26, 2024 edition of Business Standard.
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This story is from the November 26, 2024 edition of Business Standard.
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