India laid out its concerns and intentions for AI development in a 2018 policy document titled "National Strategy for AI," giving it a head-start on handling the technology.
India has no plans to limit AI s significant and strategic potential after some experts call for pause wfin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfin.com Daily Mail and Mail on Sunday newspapers.
May 12, 2021
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On May 4 2021, the prime ministers of the United Kingdom and India met virtually. The meeting ended with a 1 billion British pound ($1.4 billion) trade deal and a promise of generating thousands of jobs on both sides, and toward a future free trade agreement. The package includes 240 million British pounds (about $338.56 million) investment to U.K. by the Serum Institute of India into their vaccine business supporting research, clinical trials, manufacturing, and export of drones utilizing artificial intelligence (AI).
India and the U.K. have a long history of productive cooperation and have helped each other during the pandemic. The two major economies are on the frontlines of AI innovation and regulation and are therefore primed to cooperate in developing AI-driven technologies. In addition, both countries are founding members of the global partnership on AI and have spent considerable resources on devising their policies for the proliferation of AI.