The government was not considering regulating of Artificial Intelligence activities in India, IT minister Ashwini Vaishnaw has told the Lok Sabha, as per media reports. While informing the House about concerns regarding security issues regarding AI, the minister clarified that there were no talks of regulating the same. According to Vaishnaw, the government was trying to use the power of AI for providing personalised and interactive citizen services. He also said that AI had proven to be an "enabler of the digital and innovation ecosystem" despite the concerns about its ethical use.

India being among the fastest growing digital economies, is religiously adopting Artificial Intelligence (AI) across sectors. Banking, financial services and insurance (BFSI), manufacturing, healthcare, education, ad-tech are among sectors that are revolutionizing their business models, even as they increase efficiency and see a record-breaking growth in revenues using AI. According to the World Economic Forum, machines will perform 71 per cent of the tasks of the current workplace by 2025, compared to 29 per cent of the tasks accomplished today. To discuss the opportunities and challenges that follow, reputed industry leaders met at a round table discussion in Mumbai organized by BW Businessworld in association with Microsoft on'AI in Manufacturing' in August 2019. The forum, comprising senior leadership teams from various industries, met to discuss critical factors including customer engagement, product innovation, operational optimization, cost, quality and change in investment needed by industry, to drive sustainable growth while successfully adopting AI in the coming years.

The odds of getting venture capital funding for an early stage startup is about one in one thousand. It's unsurprising that every now and then startups seek the best way to raise capital and scale their companies. With this in mind, EVC Ventures hosted an Artificial Intelligence Venture Capital Bootcamp along with BW Businessworld and some other investment partners including Sequoia Capital on 24 March, 2018 at EVC Ventures, India. This Bootcamp witnessed participation of leading global investors and industry experts from BCG, BW Businessworld, Sequoia Capital, EVC Ventures, YourNest Venture Capital, Indian Angel Network, Unifyed and many more. The AI Venture Capital Bootcamp received tremendous interest from startups all over the country.