Despite India's AI startups raising around $4 billion, critics argue that the country is still lagging behind in AI development due to a lack of funding. OpenAI, which has raised over $11 billion, sees India as a key market and is exploring opportunities to expand its presence. The Indian government has indicated that it does not plan to impose strict regulations on AI development, instead advocating for international collaboration to develop a regulatory framework.
Key takeaways:
- OpenAI is working with Rishi Jaitly, former Twitter India head, as a senior advisor to facilitate talks with the Indian government about AI policy and is looking to set up a local team in India.
- Jaitly has been assisting OpenAI in understanding the Indian policy and regulatory landscape, although it's unclear if he is formally employed at the company.
- OpenAI co-founder and CEO Sam Altman has shown interest in the Indian market, and the company considers India as a key market for growth.
- Despite OpenAI's interest, the company has yet to disclose any investment in India, and the process of establishing a presence may not be fast due to regulatory considerations.