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Technology: India performs strongly in R&D

Fiinews by Fiinews
November 26, 2024
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US, China and UK leads AI Index, says Stanford

India has strongly performanced in R&D with recent improvements in the economy pillar, according to the Stanford Institute for Human-Centered AI (HAI) AI Index released its Global AI Vibrancy Tool which allows flexible comparisons of 36 countries based on 42 openly available AI-specific indicators.

Overall, India is ranked fourth behind the United States, China and the United Kingdom AI Index https://www.ai-expo.net/.

The US leads the ranking by a significant margin and excels in the research and development (R&D) and in the AI economy pillars, according to the index released 21 Nov https://www.nseindia.com/.

The US consistently produces the most notable AI machine learning models, attracts the highest levels of private AI investment, and leads in publishing responsible AI research https://www.bseindia.com/.

China demonstrates substantial strengths in the R&D, economy, and infrastructure pillars. China’s focus on developing cutting-edge AI technologies and increasing its R&D investments has positioned it as a major AI powerhouse https://sbi.com.in/.

The UK demonstrates particular strength in the R&D, education, and policy and governance pillars.

The United Arab Emirates, ranked fifth, scores highly on the economy pillar.

France ranks sixth and shows strength in the policy and governance, education, and infrastructure pillars.

South Korea ranks seventh, scoring highly in the policy and governance, infrastructure, and public opinion pillars.

Germany ranks eight, showing strength in the R&D, responsible AI, and education pillars.

Following ranking, Japan demonstrates strong performance in the infrastructure, R&D, and economy pillars.

Singapore shows strength in the economy, diversity, and responsible AI pillars, says the index report.

“AI has increased as a topic of national interest, and correspondingly narratives about which countries lead in AI have become more prominent than ever,” said Nestor Maslej, Project Manager of the AI Index https://www.meity.gov.in/.

“However, there’s limited data providing a clear, quantitative view of where countries actually stand in AI. At the Index, we wanted to address this gap with a rigorous tool that could help policymakers, business leaders, and the public ground these geopolitical AI narratives in fact,” Maslej said on 21 Nov https://www.singaporetechnologyweek.com/ .

The AI Index report tracks, collates, distills, and visualizes data related to artificial intelligence (AI). The AI Index is recognized globally as one of the most credible and authoritative sources for data and insights on artificial intelligence https://www.digitalasiahub.org/.

The Stanford Institute for Human-Centered AI (HAI) is an interdisciplinary institute established in 2019 to advance AI research, education, policy, and practice. Fiinews.com

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