India’s AI Investment: India ranked 10th globally in private AI investment in 2023, signaling growing engagement in AI development.
UNCTAD Report: The Technology and Innovation Report 2025, released by UNCTAD, focuses on inclusive AI development, particularly for developing countries.
Concentration of Power: A small number of companies (mostly in the US and China) control a significant portion (40%) of global R&D investment, highlighting an uneven playing field.
Global South Exclusion: Many countries (118), primarily in the Global South, are excluded from global AI governance discussions.
Job Displacement Potential: AI could affect up to 40% of global jobs.
Key Leverage Points: Developing countries need to bolster infrastructure, data, and skills to effectively participate in the AI revolution.
Leading Investors: The US leads in private AI investment ($67 billion in 2023), followed by China ($7.8 billion).
Readiness for Frontier Technologies Index: India improved its ranking to 36th in 2024 (from 48th in 2022) on the Readiness for Frontier Technologies Index.
