• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Artificial Intelligence and India's Role in Tech Development

user avatar

by Giorgi Kostiuk

a year ago

  1. AI Leads in Crypto Narrative This Year
  2. India is Strategically Placed for AI Innovation
  3. Growing Investments and Innovations in India


    4. In 2024, artificial intelligence (AI) continues to be the dominant topic against all crypto narratives. Amid sectorial leadership, India is positioning itself to play a key role through global partnerships.

    AI Leads in Crypto Narrative This Year

    According to Kaito research, AI, DeFi, MEME, and Layer 2 solutions are the top crypto topics from January to August 2024. While AI experienced a growth rate of 6%, Chain Abstraction saw a standout performance with a 673% rise.

    India is Strategically Placed for AI Innovation

    Global tech giants are leveraging AI's potential to achieve strategic advantages. Microsoft recently announced a $1.3 billion investment in AI infrastructure in Mexico. Concurrently, India is emerging as a major AI player, as evidenced by meetings between Google and Nvidia executives and Indian Prime Minister Narendra Modi.

    Growing Investments and Innovations in India

    The Indian vertical of German software company SAP Labs has also announced scaling AI innovations locally. Indian startup Qure.AI, specializing in AI-driven healthcare solutions, recently secured $65 million in funding. According to SAP India research, 77% of Indian startups are already investing in advanced technologies like AI, machine learning, and blockchain.

    India shows significant advancements in artificial intelligence, reaffirming its potential for leading positions on the global tech stage.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Toncoin Gains Traction with Telegram Integration

chest

Toncoin's value has increased significantly following Telegram's introduction of a self-custody wallet, allowing 900 million users to trade assets directly in the app.

user avatarRajesh Kumar

Traders Shift Focus from Established Meme Coins to New Opportunities

chest

Traders are shifting focus from established meme coins to new opportunities like Apeing, prioritizing early access and structured entry points in a cautious market.

user avatarFilippo Romano

Bitchat Becomes Most Downloaded App in Uganda Amid Internet Shutdown

chest

Bitchat has surged to the top of app charts in Uganda as the government cuts internet access during the presidential election.

user avatarLucas Weissmann

Games Workshop Prohibits Generative AI in Design Processes

chest

Games Workshop has announced a formal policy prohibiting the use of generative AI in its design and creative processes to protect intellectual property and prioritize human creators.

user avatarEmily Carter

US Senators Introduce Bill to Protect Blockchain Developers

chest

US Senators Cynthia Lummis and Ron Wyden have introduced the Blockchain Regulatory Certainty Act to protect blockchain developers from being classified as money transmitters.

user avatarTomas Novak

Bhutan's Bitcoin Initiative Promotes Green Energy Use

chest

Bhutan has been mining Bitcoin since 2019 using green energy, promoting sustainability and influencing global discussions on eco-friendly cryptocurrency practices.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.