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CEAI Global Explores India's Potential as an AI Hub

: CEAI, Global announce plans to tap into India's growing AI market and talent pool.

Pune, India, 30 April 2023 Centre for AI Innovation (CEAI), Global, a leading provider of artificial intelligence (AI) solutions, has announced that it is viewing the potential of India as a major AI hub. The announcement was made by Prof M Nazri, Chairman of CEAI Global, and Shanker Damodaran, Managing Partner of CEAI@India.

India has been making significant strides in the field of AI in recent years. The country is home to a large number of highly skilled AI professionals and has a vibrant startup ecosystem. According to a report by McKinsey Global Institute, India has the potential to add $957 billion to its economy by 2035 through the adoption of AI technologies.

Prof M Nazri, Chairman of CEAI Global, said, “India has all the ingredients to become a major AI hub. It has a large pool of highly skilled professionals, a supportive government, and a thriving startup ecosystem. At CEAI Global, we believe that India has the potential to be a global leader in AI in the coming years.”

Shanker Damodaran, Managing Partner of CEAI@India, added, “We are excited about the potential of India as an AI hub. CEAI@India is committed to working with the government and other stakeholders to accelerate the adoption of AI technologies in the country. We believe that AI has the potential to transform industries and drive economic growth.”

According to a report by PwC, the adoption of AI could add $15.7 trillion to the global economy by 2030. The report also states that India has the potential to become the third-largest market for AI, behind only China and the United States.

CEAI Global is a leading provider of AI solutions, with a presence in over 20 countries. The company has been at the forefront of AI research and development, and has a track record of delivering cutting-edge solutions to its clients.

The announcement by CEAI Global is a major boost to India’s efforts to position itself as a leader in AI. With the support of companies like CEAI Global, India is well on its way to realizing its potential as an AI hub.

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About MyFinB

MyFinB is an award-winning tech company that specializes in artificial intelligence. The company developed its own natural language platform with predictive and prescriptive narrative capabilities – a niche area that differentiates itself from any others. MyFinB helps people understand and communicate what is most important in their data.

www.myfinb.com

About Centre for AI Innovation (CEAI)

Centre for AI Innovation (CEAI) Global is a leading global company that was established in 2019 with dual-headquarters in Singapore and Malaysia. The company has established strategic partnerships with organizations in more than 20 countries worldwide. The purpose of CEAI Global is to promote inclusivity in knowledge, education, adoption, creation, venturing into AI investments and implementation of AI solutions.

The main goal of CEAI Global is to provide a platform for individuals and organizations to learn, engage and develop skills related to artificial intelligence (AI) and machine learning (ML). The company aims to target 95% of the workforce who are not skilled in AI and ML and non-technical personnel.

www.ceaiglobal.com

About AIV50

AIV50 is a tech venture company with a portfolio of 50 AI assets in 10 key verticals. The special purpose company forms part of a joint incubation and venture building project by MyFinB Group (MFB) and VSC Portfolio Investments (VSCPI).

www.aiv50.com

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