India Ranks 5th Among Countries Receiving Most AI Investment in Report by Stanford University

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According to the annual AI Index report by Stanford University, India came in fifth place in terms of funding received by startups producing artificial intelligence (AI)-based goods and services.

Image source: Stanford

India was the sixth-largest recipient of AI investments between 2013 and 2022, with funding for AI businesses totaling $7.73 billion.

Image source: Canva

According to the Stanford report, American institutions were home to 54% of the academics working on large language models (LLMs). But last year, scientists from Canada, Germany, and India made their initial contributions to the creation of LLMs.

Image source: Canva



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