From OpenAI to Google, India hosts global AI summit

Core Insights - India is hosting the first AI summit in the developing world, aiming to attract more investment in the AI sector and amplify the voices of developing nations in global AI governance [1][1][1] - Major global AI companies, including Google, Microsoft, and Amazon, have committed a total of $68 billion in AI and cloud infrastructure investments in India by 2030 [1][1][1] - The summit is expected to attract over 250,000 delegates and features prominent speakers such as Sundar Pichai, Sam Altman, and Mukesh Ambani [1][1][1] Investment and Economic Impact - India's strategy focuses on "application-led innovation" rather than developing frontier-scale AI models, with significant domestic adoption already evident [1][1] - The country has become OpenAI's largest user market, with over 72 million daily ChatGPT users projected by late 2025 [1][1] - The rapid adoption of AI technologies poses potential threats to jobs in India's $283 billion IT sector, with predictions of a 50% revenue hit for call centers by 2030 [1][1] Event Logistics and Public Response - The summit is being held at Bharat Mandapam, a $300 million convention complex, with over 300 exhibitors participating [1][1] - The influx of international delegates has led to a significant increase in hotel prices in Delhi, with luxury suites seeing prices rise from approximately $2,200 to over $33,000 per night [1][1] - India's Supreme Court has allowed advocates to appear via video conferencing during the summit week due to anticipated traffic congestion [1][1]