Here's why India is likely to lose the AI race FactorDaily

With Elon Musk and Mark Zuckerberg sparring over its ethics and China announcing its intention to create a $150 billion domestic industry based on it, Artificial Intelligence is perhaps the most discussed topic in the tech news cycle. It's likely to be a talking point no matter what your favourite watering hole for tech news. Billions of dollars have been invested by VCs in AI since 2016 with the US and China leading the race in record funding in terms of deals and dollars. In sharp contrast, Indian startups have collectively raised less than $100 million from (2014-2017YTD), according to data from startup analytics firm Tracxn -- that's smaller than Andrew Ng's recently launched $150 million VC fund. Another way to look at it: Grammarly, a Valley-based spell check tool raised more dollars than all of India's AI startups put together in the past three and a half years.