1. AI is pulling capital towards the US, and India needs more, says Sitharaman

AI is pulling capital towards the US, and India needs more, says Sitharaman

India

  • Finance Minister expressed concerns about capital increasingly flowing towards the US and frontier AI.
  • She said foreign investors are withdrawing from India, making it harder to retain investment.
  • She said India needs to attract investment in artificial intelligence, semiconductors and clean energy.
  • Sitharaman pointed to improvements in infrastructure and the digital economy as key factors enhancing India's appeal.

Source: firstpost.com

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