Artificial intelligence alone can add $500B to economy: Google India

Google India on Thursday said artificial intelligence alone can add $500 billion to the economy, and assist in better forecast of floods and accurate diagnosis of diseases. The company has committed $10 billion for expanding India's digital footprint, a top official said. Google recently picked up a 7.73 percent stake in Reliance Industries Ltd's (RIL) digital subsidiary, Jio Platforms Ltd. The two companies have also announced plans to come up with "an entry-level affordable smartphone". Gupta said during the pandemic, data consumption jumped to 14 GB per month from 8 GB.