WASHINGTON: Internet big Google will arrange its world fintech operation centre at GIFT City in Gujarat, its CEO Sundar Pichai mentioned on Friday after assembly Prime Minister Narendra Modi right here.
Pichai additionally mentioned that his firm continues to put money into India although its USD 10 billion India Digitisation Fund.
Modi is visiting the US from June 21 to June 24 on the invitation of President Joe Biden and First Lady Jill Biden.
Besides Pichai, the prime minister at an interplay with prime CEOs additionally met Microsoft CEO Satya Nadella, Apple CEO Tim Cook, OpenAI CEO Sam Altman, and AMD CEO Lisa Su, amongst others.
“Today we’re asserting the opening of our world fintech operations centre in GIFT City, Gujarat. It will cement India’s fintech management, because of UPI, and Aadhaar. We are going to construct on that basis and take it globally,” Pichai mentioned.
The Indian-origin CEO mentioned it’s thrilling to see the progress that the nation has made, notably across the imaginative and prescient of Digital India and the financial alternative.
“I met the prime minister in December, and we continued our dialog. We shared that Google is investing USD 10 billion within the India digitisation fund and we’re persevering with to speculate by means of that, together with in firms engaged on synthetic intelligence. As a part of that, we’ve a 100-language initiative. We are bringing bot to extra Indian languages very quickly,” Pichai mentioned.
He mentioned that the prime minister’s imaginative and prescient for Digital India was forward of its time.
“I now see it as a blueprint that different international locations are trying to take action,” Pichai mentioned.
The ministry of exterior affairs in a tweet mentioned Prime Minister Modi invited Pichai to discover additional avenues of collaboration within the domains of synthetic intelligence, fintech, and cybersecurity services and products, in addition to cellular system manufacturing in India.
They additionally mentioned collaboration between Google and educational establishments in India to advertise analysis and growth, and ability growth, the ministry added.
In July 2020, Google had introduced plans to speculate USD 10 billion in India over subsequent 5 to seven years because the search big appears to assist speed up adoption of digital providers in the important thing abroad market.
During his go to to India in December final 12 months, Pichai had introduced that part of the India Digitisation Fund (IDF) is more and more specializing in startups from India and one-fourth quantity of USD 300 million from the fund can be invested in entities which might be led by ladies.
Google had introduced a collaboration with Bengaluru-based Indian Institute of Science to gather speech knowledge from 773 districts throughout India to fine-tune its language translation and search expertise.
The web main has introduced a grant of USD 1 million to arrange India’s first accountable synthetic intelligence centre at IIT Madras and USD 1 million grant through Google.
Org to Wadhwani AI in direction of utilizing superior expertise for higher agricultural outcomes.
Pichai additionally mentioned that his firm continues to put money into India although its USD 10 billion India Digitisation Fund.
Modi is visiting the US from June 21 to June 24 on the invitation of President Joe Biden and First Lady Jill Biden.googletag.cmd.push(operate() {googletag.show(‘div-gpt-ad-8052921-2’); });
Besides Pichai, the prime minister at an interplay with prime CEOs additionally met Microsoft CEO Satya Nadella, Apple CEO Tim Cook, OpenAI CEO Sam Altman, and AMD CEO Lisa Su, amongst others.
“Today we’re asserting the opening of our world fintech operations centre in GIFT City, Gujarat. It will cement India’s fintech management, because of UPI, and Aadhaar. We are going to construct on that basis and take it globally,” Pichai mentioned.
The Indian-origin CEO mentioned it’s thrilling to see the progress that the nation has made, notably across the imaginative and prescient of Digital India and the financial alternative.
“I met the prime minister in December, and we continued our dialog. We shared that Google is investing USD 10 billion within the India digitisation fund and we’re persevering with to speculate by means of that, together with in firms engaged on synthetic intelligence. As a part of that, we’ve a 100-language initiative. We are bringing bot to extra Indian languages very quickly,” Pichai mentioned.
He mentioned that the prime minister’s imaginative and prescient for Digital India was forward of its time.
“I now see it as a blueprint that different international locations are trying to take action,” Pichai mentioned.
The ministry of exterior affairs in a tweet mentioned Prime Minister Modi invited Pichai to discover additional avenues of collaboration within the domains of synthetic intelligence, fintech, and cybersecurity services and products, in addition to cellular system manufacturing in India.
They additionally mentioned collaboration between Google and educational establishments in India to advertise analysis and growth, and ability growth, the ministry added.
In July 2020, Google had introduced plans to speculate USD 10 billion in India over subsequent 5 to seven years because the search big appears to assist speed up adoption of digital providers in the important thing abroad market.
During his go to to India in December final 12 months, Pichai had introduced that part of the India Digitisation Fund (IDF) is more and more specializing in startups from India and one-fourth quantity of USD 300 million from the fund can be invested in entities which might be led by ladies.
Google had introduced a collaboration with Bengaluru-based Indian Institute of Science to gather speech knowledge from 773 districts throughout India to fine-tune its language translation and search expertise.
The web main has introduced a grant of USD 1 million to arrange India’s first accountable synthetic intelligence centre at IIT Madras and USD 1 million grant through Google.
Org to Wadhwani AI in direction of utilizing superior expertise for higher agricultural outcomes.