Our Bureau
Stanford, CA
The Indiaspora AI Summit was a full-day in-person event held on April 26th, Friday at the Stanford Faculty Club. Stanford.
This event served as a hub for meaningful discussions, insightful presentations, and interactive discussions, where participants from diverse backgrounds came together to share ideas, best practices, and real-world applications of AI for social good.
From enhancing access to education and healthcare to promoting environmental sustainability and combating inequality, the platform examined how AI-driven solutions can drive meaningful change and foster a more equitable and sustainable future for all.
Addressing the gathering via video conferencing, Prime Minister Modi said, “AI (Artificial Intelligence) is a very dynamic issue. If one solution is brought in, the mischievous people will find another way. We have to be very alert to any new technology. It can be very useful if used within rules, but if it is used in the wrong way, it can create a lot of problems.”
Speaking at the Indiaspora AI Summit 2024 on ‘Can Artificial intelligence be good force for future or not’ at the University of Stanford, Informatica CEO Amit Walia said, “India is perceived very differently in the global space. It’s a space of innovation. It’s a space of human capital. It’s a space of progress and innovation. And as we look forward, what Modi has been able to do is put India into the global map as a credible innovator, leader for all countries to invest in and grow.”
Speaking at the same event, Elastic CEO Ashutosh Kulkarni said that PM Modi and the government have been doing amazing work.
Priya Rajan, Managing Director, National Venture Coverage and Business Development, MUFG lauded PM Modi’s leadership in the entrepreneurial ecosystem. He stated that a number of VCs across the globe want to invest in India.
She said, “I see the Modi magic play is in the entrepreneurial ecosystem, which is an adventure ecosystem. So you can see the number of VCs now wanting to invest, not just where in India, investing in India, but world investors around the world wanting to do things. And you’re seeing kind of US, a ton of US global investors now setting up shops in India. I think that’s all coming back to what Modi magic has created.”
