Paytm founder Vijay Shekhar Sharma: India should not give in to sovereignty of AI to foreign world at all, we as a country are…
Paytm founder and CEO Vijay Shekhar Sharma has recently stated that India must maintain its sovereignty in artificial intelligence (AI) and not rely on foreign platforms. He also announced that Paytm is launching AI-focused offerings under a new brand identity. “For India, the sovereignty of AI is equal to virginity in a way. India should not give in to the sovereignty of AI to the foreign world at all. It is my belief that we as a country are capable and will build it,” Sharma said while speaking at the annual Global Fintech Fest. Sharma noted that he is “uncomforted” by the lack of work on AI in India, without specifying the exact services he plans to offer. He added that, since Paytm is a brand associated with payment technologies and financial services, he will adopt a new brand identity for the AI services.
