Google CEO Sundar Pichai on Monday said that India will have a significant export economy and must strike a balance between protecting residents and allowing businesses to develop within its framework, news agency PTI reported.
Sundar Pichai stated during the Google for India event that the business is focusing on companies from India and that out of the $300 million allocated for the startups, around one-fourth would be allocated to organisations with female leaders.
According to him, the technology is impacting people's lives on a global scale, necessitating the creation of fair and reasonable regulations.
PM Modi and Google CEO Sundar Pichai met today.
Expressing his gratitude towards PM Modi, Pichai tweeted: "Thank you for a great meeting today PM @narendramodi . Inspiring to see the rapid pace of technological change under your leadership. Look forward to continuing our strong partnership and supporting India's G20 presidency to advance an open, connected internet that works for all."
"Given the scale and technology leadership it (India) will have, it's important to make sure you are balancing, putting in safeguards for people. You're creating an innovative framework, so that companies can innovate on top of a certainty in the legal framework. I think it is an important moment in time. India will also be a big export economy. It will benefit from an open and connected internet and getting that balance right will be important," Pichai was quoted by PTI in its report.
According to him, the complexity of the Indian startup ecosystem is visibly rising, and businesses like Glance are attracting attention on a global scale.
Google Building AI Model To Support Over 100 Indian Languages: Sundar Pichai
According to Google CEO Sundar Pichai, the company is trying to make text and voice internet search available in more than 100 Indian languages.
Pichai, who is in India, noted that the pace of technological advancement in the nation has been extraordinary. Google, he added, is assisting start-ups and small businesses, investing in cybersecurity, supplying education and skill training, and implementing artificial intelligence (AI) in fields such as healthcare and agriculture.
"I'm here to see progress being made from our $10 billion, 10-year India Digitization Fund (IDF), and share new ways. We're helping to advance India's digital future at our Google for India event. That includes our efforts to build a single, unified AI model that will be capable of handling over 100 Indian languages across speech and text - part of our global effort to bring the world's 1,000 most-spoken languages online, and to help people access knowledge and information in their preferred language," he wrote in a blog, PTI reported.
(With PTI Inputs)