India Ramps Up Efforts to Establish AI Hubs, with Sights Set on US$200 Billion in Data Center Investments
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India's Minister of Electronics and Information Technology has announced that the nation is vigorously pushing forward with the development of AI hubs. Over the next few years, India aims to lure up to US$200 billion in investments for data centers, positioning itself as a pivotal technology and talent hub in the global AI landscape. Leading tech behemoths like Google, Microsoft, and Amazon have already declared their intent to invest in India. To harness the transformative potential of AI on a grand scale, India is laying down robust infrastructure, extending tax incentives, rolling out shared computing power resources, and backing the creation of sovereign foundational AI models. Simultaneously, the country aspires to exert a more pronounced influence on global rule-making and deployment in the AI sector. Moreover, the Indian government is steadfast in its commitment to bolster investor confidence and foster the reskilling of its workforce. Nevertheless, striking a balance between innovation and security poses a significant challenge, and the minister has outlined four strategies to tackle this issue head-on.