The first day of AI Impact Summit was a success. Prime Minister Narendra Modi inaugurated the AI Impact Expo, and big announcements were also made. Let’s take a look at the day one roundup. The biggest attraction of the first day was the AI Impact Expo, where more than 300 exhibits were set up. Companies and startups showcased AI innovations and benefits in their respective exhibits. Major companies in the AI industry also exhibited, including OpenAI, Anthropic and Google. Media and visitors were allowed into these showcases. In the coming days, CEOs of big AI companies will also participate in it.
OpenAI userbase increases in India
OpenAI CEO Sam Altman announced that ChatGPT has crossed 100 million weekly active users in India, second only to the United States. According to Altman, the largest number of ChatGPT users in India are students.
Big investment in Neysa
Blackstone has bought a stake in Indian AI startup Neysa as part of a $600 million (roughly Rs. 5,445 crore) equity fundraise.
Bengaluru startup raises $15 million
Bengaluru-based C2i, which makes power solutions for data centers, has raised $15 million in a Series A funding round led by Peak XV.
IT companies will now focus on profit and not on jobs.
HCL CEO Vineet Nayyar said that Indian IT companies will focus on profit and not on job creation. Vinod Khosla, founder of Khosla Ventures, said that there will be a big change in businesses like IT services and BPO. This change will be visible in the next five years.
Anthropic opens its first office in India
Anthropic also made a big announcement on Monday, opening its first office in India in Bengaluru. The company said that India has the second largest cloud user base after the United States.
