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India, China lead AI investment, adoption in Asia: Report

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Asian enterprises, especially those in India and China, are fast adopting Artificial Intelligence ( AI) to reinvent their business models and perceive AI as a complete disruptive force, a new Forrester research said on Wednesday. Led by China (from 31 per cent to 61 per cent) and India (from 29 per cent to 69 per cent), the investment and adoption in Asia has jumped significantly between 2016 and 2017. "Indian systems integrators are also actively participating in AI consortiums such as OpenAI," the research added. Government-backed AI is fuelling innovation in existing tech firms, startups and academic communities. On February 18, Prime Minister Narendra Modi said that with AI, bots and robots, productivity will increase, urging that AI should be "Made in India " and "Made to Work for India ".