Introduction
The rapid evolution of artificial intelligence (AI) has sparked a global conversation about the need for effective governance frameworks to manage emerging technologies. This dynamic field is driven by diverse projections surrounding AI’s future trajectory. As the world navigates this transformative landscape, industry leaders are working to accelerate innovation and shape the future of AI.
The Rise of AI: A Global Phenomenon
The global AI market is expected to grow exponentially, with the United Nations Conference on Trade and Development (UNCTAD) forecasting a growth from USD 189 billion in 2023 to over USD 4.8 trillion by 2033. In India, the AI market is expected to reach USD 28.8 billion by 2025, with a pressing need for nearly one million AI professionals by 2026.
The Indian AI Journey: A Roadmap to Success
India’s AI journey has gained significant momentum in recent years. The India Skills Report 2024 highlights the growing demand for AI professionals, while the India’s AI Revolution: A Roadmap to Viksit Bharat report forecasts a bright future for the industry. The launch of ALTI Lab in Bengaluru by Altimetrik is a significant step towards accelerating AI-led innovation in the country.
The Future of AI: A Call to Action
As the world continues to navigate the complex landscape of AI, it is essential to foster a collaborative approach towards innovation. The launch of ALTI Lab in Bengaluru serves as a catalyst for this collaboration, bringing together industry leaders, researchers, and policymakers to shape the future of AI. With the global AI market poised for exponential growth, it is crucial that we work together to ensure that AI-led innovation benefits humanity as a whole.
Conclusion
The launch of ALTI Lab in Bengaluru marks a significant milestone in India’s AI journey. As the world continues to navigate the complex landscape of AI, it is essential that we work together to accelerate innovation and shape the future of this transformative technology. By fostering a collaborative approach towards AI-led innovation, we can ensure that this technology benefits humanity and drives positive change globally.
Originally published on https://digitalterminal.in/tech-companies/altimetrik-launches-alti-lab-in-bengaluru-to-accelerate-global-ai-led-innovation
