AI summit draws $250 bn infra commitments
India’s AI Impact Summit has secured investment commitments of over $250 billion in infrastructure and already garnered support from 70 countries for the proposed Delhi Declaration, Union IT Minister Ashwini Vaishnaw said on Friday, calling the event a “grand success.”
Union IT Minister Ashwini Vaishnaw said that over 70 countries have already signed the declaration, and the number is expected to cross 80, which will be shared on Saturday, which will also see the end of five days of AI extravaganza.
“I would also like to share with you that the action summit, the previous one, had about 60 signatories in the final declaration. We have already crossed 70. We believe that it will cross 80. All the major countries have already signed,” Vaishnaw said at the summit’s regular Press briefing.
The minister said the contours of the Delhi declaration will be shared on Saturday as many foreign ministers are discussing it with the Indian Government.The India AI Impact Summit brought together global policymakers, industry leaders and technology experts, positioning India as a key player in shaping international AI governance and infrastructure development.
“More than five lakh visitors participated in the exhibition, learnt a lot, and interacted with many experts from around the world. We had practically every major AI player in the world participating in large numbers. We had so many startups getting the opportunity to showcase their work. Overall, the quality of the discussion was phenomenal,” he said.
On the Congress protest, Vaishnaw said whatever little effort was made by the opposition party in attempting to disrupt the Summit was strongly rejected by India’s youth.
“Thanks to the youth who endorsed the Summit, who took this so positively that whatever little effort that Congress made for trying to disrupt the summit was really...the youth very clearly said that this is their exhibition, this is the summit for the youth who want to make the best use of it. They don’t believe in the negative politics that Congress was trying to play,” he said.
In an apparent reference to the Galgotias University fiasco, the Minister said immediate action was taken against those who tried to demean the good work being done by India’s startups and engineers in AI.
