The rapid waves triggered by Agentic AI have fostered a $5.1 Bn market around the world, which is on course to surpass $47 Bn by 2030, averaging more than 44% growth rate. Reports suggest India has a high AI adoption rate, with some stating it accounts for around 40% of global AI agent deployments as per Inc42.
Chinese AI startup DeepSeek has made a rapid rise in the world of artificial intelligence with its V3 and R1 models. Not only can DeepSeek’s models compete with their Western counterparts on almost every metric, but they are built at a fraction of the cost and trained using an older Nvidia chip. DeepSeek recently overtook OpenAI’s ChatGPT as the top free app on the Apple App Store in the US and a number of other countries. The free AI app is also expected to make a dent in the market share of the top US AI companies and could lead to significant price reductions
As per Reuters, Microsoft announced a $3 billion investment in January 2025 to enhance its Azure cloud and AI capabilities in India over the next two years. This move aims to leverage India’s technological expertise and cost advantages .
India’s Artificial Intelligence Safety Institute (AISI) is set to be run and managed virtually, with a collaboration of industry and academia across the country interacting without a brick-and-mortar secretariat as per The Hindu Newspaper. AISIs first started being created after the AI Safety Summit in Bletchley Park in the U.K. in 2023, which saw the participation of 23 countries including India. On January 30, 2025, India’s Ministry of Electronics and Information Technology announced the creation of the IndiaAI Safety Institute. This institute is dedicated to ensuring the ethical and safe application of AI models, promoting domestic research that reflects India’s diverse socio-cultural landscape.
Asia’s FinTech industry is experiencing unprecedented growth, with total transaction volumes projected to reach $18.9 trillion by the end of 2025, according the latest research. This marks a 12.6% year-on-year (YoY) increase, solidifying Asia’s dominance in the global FinTech landscape as per IBS Intelligence.
The Massachusetts Institute of Technology (MIT) has introduced the Generative AI Impact Consortium, aiming to bring together researchers and industry leaders to focus on the societal and technological impacts of generative AI. This initiative seeks to foster collaboration and guide the responsible development and deployment of AI technologies.
