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India's AI Story Is 'All Talk, Little Substance,' Says Bernstein
Thursday September 4, 2025. 02:31 PM , from Slashdot
![]() Bernstein analysts described regulatory 'double standards' where foreign tech companies receive favorable treatment while domestic companies face what the firm called 'crushing rules and government-led 'tech stacks' that make private business unviable.' Private AI investment in India totaled $11.29 billion between 2013 and 2024 compared to $471 billion in the United States and $119 billion in China. From the report: When OpenAI, which is reportedly looking to set up a data center in India, announced the plans to launch a new office, it was met with another round of excitement -- 'as if Open AI will hire all Indians at hefty salaries,' the firm wrote in a note to clients Thursday. Bernstein analysts pour cold water on this excitement, dismissing it as a 'repeat of the 90s' and arguing that the hype misses the fundamental power imbalance. 'Anyone, we repeat anyone, can build a data center... This is the start of the dominance of US tech in Indian AI environment ensuring Indian entrepreneurs do not get a fighting chance to stay relevant. They will run on the sidelines - piggybacking on the US foundation models or maybe even the Chinese,' they wrote. Read more of this story at Slashdot.
https://slashdot.org/story/25/09/04/1231230/indias-ai-story-is-all-talk-little-substance-says-bernst...
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