- Published on January 16, 2025
- In AI Features
‘India Has Missed the GenAI Bus and No Amount of Funds Can Cover it’
In 2024, the Indian tech landscape raised around $11.3 billion from investors, which is negligible compared to the West’s $184 billion.
- By Mohit Pandey
With each passing week in the global AI landscape, the goalpost for building generative AI and competing with players like Google and OpenAI seems to be ever-changing. Some years ago, Google released Transformers, followed by OpenAI’s ChatGPT. This year, the conversation is around agentic AI.
Despite throwing billions of dollars, India seems to be quietly losing out in the race because that is just not enough. In 2024, the Indian tech landscape raised around $11.3 billion from investors, which is negligible compared to the West’s $184 billion.
The only brighter side is that building a product in India is far cheaper than in the West, along with the availability of a vast and affordable talent pool.
HCLTech also revealed that it is aiming to integrate AI services for 100 client
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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