a16z’s Raghuram isn't writing off India AI yet; insurers weigh new rules
Raghu Raghuram, managing partner at a16z, emphasized India's potential in AI, stating it's premature to dismiss the country's capabilities. He noted that Indian startups could initially leverage open-weight models before creating proprietary ones. Meanwhile, insurers are preparing for new regulations that could impact earnings, particularly for companies like PB Fintech and Turtlemint, as they navigate proposed caps on policies.