Finclusion
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog
No Result
View All Result
Paytm
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog
No Result
View All Result
Finclusion
No Result
View All Result
India strengthens its bond with Guyana through cultural heritage and fintech-driven collaboration.

India is entering new era with AI, says PM Modi at GPAI Summit 2023

December 12, 2023
in Fintech
401 22
0
Share on FacebookShare on Twitter

Prime Minister Narendra Modi on Tuesday evening inaugurated the Global Partnership on Artificial Intelligence (GPAI) Summit, at Bharat Mandapam, New Delhi. Speaking at the event, PM Modi said that we are entering a new era with AI. He added that India is a key player in AI talent and new ideas related to it.

“We are seeing a highly enthusiastic AI innovation spirit in AI,” he said. The PM further added that  the country is fully committed to the responsible and ethical use of AI and informed that the AI Mission will be launched in India to support the startups and innovators of the country. 

You might also like

President Diaz-Canel expressed Cuba’s keen interest in India’s Unified Payments Interface (UPI) and its wider Digital Public Infrastructure (DPI). (Image Source: PM Narendra Modi on X)

BRICS Summit 2025: Cuba Shows Interest in India’s UPI as PM Narendra Modi, President Diaz-Canel Meet

July 7, 2025
By integrating this indicator, banks and payment platforms will be able to identify risky mobile numbers in real time. (Image source: @UPI_NPCI)

RBI Advises Banks to Adopt DoT’s Fraud Risk Indicator to Curb Cyber Fraud

July 3, 2025

Meanwhile, it can be known that India, as the Incoming Support Chair of GPAI, stands at the forefront, hosting the summit from December 12-14, 2023. The GPAI Summit began today and unites representatives from 28 member countries and the European Union, forging an extraordinary platform for profound discussions on the urgent matters shaping the ever-evolving landscape of Artificial Intelligence (AI).

With a laser focus on healthcare, priority sectors, and responsible AI, the morning sessions showcased the insights of over 25 speakers hailing from diverse countries and fields. In this intellectual tapestry, multiple parallel sessions addressed a myriad of pressing topics, setting the stage for a summit of unprecedented significance.

The morning session of the day, titled ‘Applications of AI in Priority Sectors,’ focused on the challenges and opportunities in the adoption of AI by industries to enhance competitiveness, explore the market potential of AI and promote its uptake across sectors. Keynote speakers included Vijay Shekhar Sharma, CEO of Paytm and Nivruti Rai, MD & CEO of Invest India. 

During the session, the discussion emphasized that Protein Identification and quantification from mass spectrometry data, combined with other omics data, is the solution for creating artificial proteins. The success of AI-powered Farm Assessment (Khet Score) and Monitoring (Khet Score Now), an AI-led historical farm assessment with live monitoring for early risk identification, which outperformed traditional lending bank scores, was discussed. 

The second parallel session on the ‘Responsible AI Working Group’ centered on deliberations about scaling responsible AI solutions in 2023 and the challenges associated with building AI solutions responsibly. Discussions encompassed the ‘COMPREHENSIV – At Home Universal Primary Health Care’ project, which focuses on Global Health, and the Sandbox for Responsible AI Public Procurement. While, the third session of the morning, ‘AI and Global Health: Role of AI In Advancing Healthcare,’ deliberated on the role of AI in advancing healthcare.

Tags: AIartificial intelligenceFintechGPAI SummitPM Narendra Modi

Related Stories

President Diaz-Canel expressed Cuba’s keen interest in India’s Unified Payments Interface (UPI) and its wider Digital Public Infrastructure (DPI). (Image Source: PM Narendra Modi on X)

BRICS Summit 2025: Cuba Shows Interest in India’s UPI as PM Narendra Modi, President Diaz-Canel Meet

by Finclusion
July 7, 2025
0

On the sidelines of the 17th BRICS Summit in Rio de Janeiro, Prime Minister Narendra Modi held talks with President...

By integrating this indicator, banks and payment platforms will be able to identify risky mobile numbers in real time. (Image source: @UPI_NPCI)

RBI Advises Banks to Adopt DoT’s Fraud Risk Indicator to Curb Cyber Fraud

by Finclusion
July 3, 2025
0

In a major step towards strengthening cybersecurity in banking, the Reserve Bank of India (RBI) has directed all Scheduled Commercial...

June's daily average was equally impressive, with 613 million transactions per day and a daily average value of ₹80,131 crore. (Image source: Freepik)

India’s UPI Crosses 18.4 Billion Transactions in June 2025

by Finclusion
July 1, 2025
0

India’s digital payment ecosystem continues to grow rapidly with UPI (Unified Payments Interface) recording 18.40 billion transactions worth ₹24.04 lakh...

During her visit to Seville, Spain, the Finance Minister will address the 4th International Conference on Financing for Development (FFD4) organised by the United Nations. (Image source: PIB)

Finance Minister Nirmala Sitharaman to Address 4th International Conference on Financing for Development organised by United Nations

by Finclusion
June 30, 2025
0

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has begun an official visit to Spain, Portugal, and Brazil from...

Next Post
Fintech companies in India are embracing the call for sustainable finance by actively incorporating ESG criteria into their operations. (Image by macrovector on Freepik)

Fintech paving way for sustainable finance – Here’s how

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finclusion

© 2024 Finclusion

Quick Links

  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Explained
  • Fact Check
  • Inclusion
  • Blog

© 2024 Finclusion

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version