As CEOs and political leaders worldwide rush to establish their authority in the AI realm, Indian innovators are unquestionably leading the way. Beyond the multitude of Indian-origin AI developers driving technological advancements, India’s AI supremacy manifests in two critical arenas: business expansion and international policy.
Regarding policy initiatives, India effectively secured the chair-in-waiting position within the Global Partnership on Artificial Intelligence (GPAI) in 2022. This role could significantly influence how international regulations manage the proliferation of AI.
More impactful still are the Indian-American CEOs propelling the AI business strategies of the technology industry. With IBM’s CEO Arvind Krishna and Microsoft’s CEO Satya Nadella, both proudly of Indian descent, it’s evident that Indian innovators will shape AI’s impact on global daily life.
Here’s an insight into Arvind Krishna and Satya Nadella’s AI approaches:
Arvind Krishna’s Direction of IBM’s AI Strategy
IBM’s executive leadership has been swift to strategize around AI’s substantial profit potential. The company has heavily invested in various AI technologies since 2012, making it an early and prominent corporate player in this emerging domain.
Efforts intensified in 2019 with the acquisition of open-source software veteran Red Hat for a staggering $34 billion. Arvind Krishna, who led this endeavor, took over as IBM’s CEO just a year later.
During a recent discussion with Wall Street analysts, Krishna reiterated why IBM believes this investment could yield a $1 trillion opportunity:
“We’re focused on enterprise AI, crafted to seize these opportunities and address business challenges. The use cases are extensive, ranging from IT operations, code generation, enhanced automation, customer service, HR augmentation, predictive maintenance, financial forecasting, fraud detection, compliance monitoring, security, sales, risk management, to supply chain improvements.”
If IBM can make AI an irresistible choice for customers, Krishna’s ambitious vision might yield substantial results.
Satya Nadella’s AI Vision for Microsoft
When AI transitioned from industry-specific discussions to mainstream discourse earlier this year, Microsoft’s January 2023 investment of $10 billion in OpenAI – the creator of ChatGPT – was far from coincidental.
Under the guidance of Satya Nadella, born in Hyderabad, Microsoft’s strategic investment in the most popular AI service was merely the starting point. In February, Nadella integrated OpenAI’s extensive language learning model into Bing, and in March, he unveiled Copilot, an AI-driven coding acceleration tool.
This timely investment bore fruit as Microsoft witnessed a $1 billion stock price increase last month. With OpenAI poised to remain the most accessible AI tool for the general public, Nadella is in a prime position to sustain this competitive edge.
While this marks the initial phase of global AI adoption, India’s numerous business and technology pioneers are already shaping the tool’s future trajectory.
