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August 20, 2020

AI Weekly Gossip Episode 4

 In February this year, Google Research India had announced 6 AI-based research projects in India which would concentrate on addressing community, humanitarian, and environmental challenges in sectors as healthcare, disaster prevention, education, and discussion. Investments are going to focus on 4 parts vital to India's digitization:

First, enabling inexpensive access as well as information for every Indian in their own language, whether it's Hindi, Punjabi, Tamil, or some other.

Second, building new products as well as services that are deeply applicable to India's needs that are distinctive.

Third, empowering companies as they keep on or embark on their digital transformation.

Fourth, leveraging technology and AI for social good, in areas as health, education, and agriculture.

 Just 4 years back, just one-third of all the small enterprises in India had an internet profile. Nowadays, twenty-six million Small and medium companies are discoverable on Maps and Search, driving connections with over 150 million users each month. What is more often, small merchants across the nation are now equipped to accept digital payments. It has made it possible for small businesses to become part of the formal economy, and it improves their access to credit.

Google's $10 billion (Rs 75,000 crore) investment for India Digitization Fund to help you accelerate India's digital economy investment will help Indian startups to create new products as well as services applicable to India's needs that are distinctive and empower companies. Google will achieve this through operations, partnerships, and equity investments, infrastructure, and ecosystem investments. This can assist us to leverage Artificial Intelligence for social good in areas such as conversation, disaster prevention, education, and health. There's immense scope for Google to deploy artificial intelligence & undertake new initiatives in the area of agriculture, weather prediction, healthcare in the wake of Covid 19 challenges, and above all in digital education

 Google CEO Sundar Pichai said that Google's investment will be targeted at developing infrastructure as well as funding digital innovation of India with the following 5 to 7 years. The move will be a huge boost toward realizing India's perspective of making India a $1  trillion economy.

The new fund will focus on advertising Indian startups. India's app economy is actually growing extremely powerfully, though we mustn't simply download apps. It's essential also to publish apps from India.



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