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

Paytm Appoints Ramana Kumar as CEO for Middle East. (Image Source: Paytm)

Paytm Appoints Ramana Kumar as CEO for Middle East to Lead Global Expansion Strategy

May 23, 2025
Hide Payment is aimed at giving users greater control over how their payment records are displayed.

Paytm Rolls Out ‘Hide Payment’ to Boost Privacy in Mobile Transactions

May 19, 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

Paytm Appoints Ramana Kumar as CEO for Middle East. (Image Source: Paytm)

Paytm Appoints Ramana Kumar as CEO for Middle East to Lead Global Expansion Strategy

by Finclusion
May 23, 2025
0

Fintech major Paytm has appointed Ramana Kumar as the Chief Executive Officer for its Middle East business, marking a significant...

Hide Payment is aimed at giving users greater control over how their payment records are displayed.

Paytm Rolls Out ‘Hide Payment’ to Boost Privacy in Mobile Transactions

by Finclusion
May 19, 2025
0

Paytm has introduced a new feature called ‘Hide Payment’—a user-centric enhancement that allows individuals to privately hide or unhide specific...

PB Fintech FY25 PAT Jumps 5.5x to ₹353 Cr. (Image source: PB Fintech website)

PB Fintech FY25 PAT Jumps 5.5x to ₹353 Cr, Revenue Grows 45% to ₹4,977 Cr

by Finclusion
May 16, 2025
0

PB Fintech, the parent company of Policybazaar and Paisabazaar, reported a robust financial performance for FY25, with profit after tax...

Deepfake scams typically begin with fraudsters recording a person’s voice from social media or phone calls. (Image source: @UPI_NPCI)

Deepfake Scam Alert: How to Spot and Avoid AI-Cloned Voice Calls

by Finclusion
May 14, 2025
0

A new wave of financial frauds using deepfake technology is raising alarms. The Unified Payments Interface (UPI) has urged citizens...

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