All the important news from the ongoing India AI Impact Summit

The ongoing India AI Impact Summit, a four-day event attracting 250,000 visitors, aims to boost AI investment and innovation in India. It features participation from major AI and tech leaders including OpenAI, Anthropic, Nvidia, Microsoft, Google, and prominent Indian figures like Reliance Chairman Mukesh Ambani. Key announcements include India earmarking a significant fund to invest in AI and advanced manufacturing startups nationwide. OpenAI CEO Sam Altman highlighted India as the second-largest user of ChatGPT globally, with a large student base. Several Indian AI startups secured major investments: Blackstone acquired a majority stake in Neysa, which plans to raise $600 million in debt and expand GPU deployment, while Bengaluru-based C2i raised funds for data center power solutions. Anthropic announced its first Indian office in Bengaluru and plans to deploy AI tools in telecommunications, reflecting India’s growing role in the AI ecosystem. Industry perspectives at the summit revealed concerns and opportunities: HCL’s CEO Vineet Nayyar emphasized profitability