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US-India Business Council launches AI Task Force, aims at leadership alignment

The USIBC stated that the AI-TF will propel AI concepts, drive multistakeholder processes, and foster AI technology development and commercialization.

February 15, 2024 / 09:03 IST
AI-TF will propel AI concepts, drive multistakeholder processes

The US Chamber of Commerce’s US-India Business Council (USIBC) has unveiled its Artificial Intelligence Task Force (AI-TF), marking a significant stride towards aligning the Indian and US leadership in artificial intelligence (AI).

Emphasizing its pivotal role, the USIBC stated that the AI-TF will propel AI concepts, drive the multistakeholder processes, and foster AI technology development and commercialisation. This initiative builds upon the Chamber's AI principles and endorsement of OECD’s AI recommendations.

Atul Keshap, president of USIBC, stressed the transformative potential of the AI-TF, aiming to leverage AI's vast capabilities to enhance competitiveness in both US and Indian economies. “The AI-TF is a game-changer, especially needed amid the rapidly evolving landscape of artificial intelligence. Through this initiative, we seek to harness the immense potential of AI, propelling competitiveness in both US and Indian economies and our citizen-led societies,” he said.

Also read: HUL to partner with Andhra for palm oil production

Notably, the USIBC, representing numerous global corporations across the US, India, and the Indo-Pacific, plays a pivotal role in advancing key policy priorities through its flagship offices in Washington, DC, and New Delhi.

The launch of the AI-TF signifies a concerted effort by both nations to harness the potential of AI for mutual benefit while upholding democratic values and driving economic growth.

(Inputs from ANI)
Moneycontrol News
first published: Feb 15, 2024 09:03 am

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