India has made significant strides in the global artificial intelligence (AI) landscape, securing the 10th position for private investment in AI with a total of $1.4 billion, as highlighted in a recent report by the United Nations.

Key Findings

• This achievement places India among the only two developing nations—alongside China—to appear in the top ten for AI investment in 2023.
• The US leads the world in terms of private investment in AI, at $67 billion in 2023, or 70% of global AI private investment.
• India ranks 36th out of 170 nations on a global index measuring a country’s readiness for frontier technologies, improving its ranking from last year, according to the report.
• India ranks 99th for ICT, 113th for skills, 3rd for R&D, 10th for industrial capacity, and 70th for finance.