The researchers learned, for instance, that Indian investors participated in A.I.-related deals in the country worth an estimated $1.2 billion from 2015 through 2019. During that same time period, U.S. financers were estimated to have invested $858 million into Indian companies that specialize in A.I., underscoring the significance of U.S. funding in India’s A.I. ecosystem. Chinese investors, by comparison, only invested an estimated $159 million into Indian A.I. companies during that timespan.
A misunderstanding that some Americans may have about India and A.I. is that the two countries may be heavily competing for A.I. talent, whereas “the fact is, it is more an avenue of cooperation between India and the U.S. then an avenue of conflict,” Chahal said.
...“There is more hope than fears as of now,” she said regarding Indian technologists coming to the U.S.
See the full story here: https://fortune.com/2021/04/13/pay-attention-to-indias-future-of-a-i/