HomeStartupNearly 84% Of Indian CEOs Are Raising & Reallocating Capital For Gen...

Nearly 84% Of Indian CEOs Are Raising & Reallocating Capital For Gen AI Spends

Published on

spot_img
Gen AI: China Proposes Draft Measures for Regulating Generative Artificial  Intelligence | Perspectives & Events | Mayer Brown
  1. 84% of Indian CEOs are investing in generative artificial intelligence (gen AI), surpassing the global average of 70%.
  2. Strategic move aims to gain a competitive edge over industry rivals, according to the EY CEO Outlook Pulse 2023 survey.
  3. CEOs recognize uncertainties associated with gen AI, with 80% acknowledging challenges in rapidly formulating and executing AI strategies.
  4. Approximately 50% of organizations in India are either exploring or optimizing AI implementation, but lack a clear AI leadership structure.
  5. Despite the push for gen AI, CEOs face challenges in navigating uncertainties while striving to leverage its potential for organizational advancement.
SourceINC 42

Latest articles

Paytm users may take up to 6 months to shift to other service providers

Paytm is looking to migrate all existing customers to another payment service provider (PSP)...

Amazon Prepping Up For Budget-Friendly, Unbranded Fashion Route To Take On Meesho

Amazon has launched a new store called Bazaar on its platform, allowing sellers to...

Aakash Education post Rs 330 crore profit in FY23

Aakash Education, owned by BYJU’S, recorded a profit of INR 330 crore in FY23,...

AI Model Backed by Mukesh Ambani to Launch in March

A consortium backed by Mukesh Ambani’s Reliance Industries Ltd. and India’s top engineering schools...

More like this

Paytm users may take up to 6 months to shift to other service providers

Paytm is looking to migrate all existing customers to another payment service provider (PSP)...

Amazon Prepping Up For Budget-Friendly, Unbranded Fashion Route To Take On Meesho

Amazon has launched a new store called Bazaar on its platform, allowing sellers to...

Aakash Education post Rs 330 crore profit in FY23

Aakash Education, owned by BYJU’S, recorded a profit of INR 330 crore in FY23,...