Global AI Conclave: AI infrastructure is key to next digital economy, says Inception COO Ashish Ipe Koshy

Ashish Ipe Koshy, COO of Inception, a subsidiary of the UAE's G42 Group, highlighted the pivotal role of AI infrastructure in driving the next digital economy.

Speaking at the CNBC-TV18 and Moneycontrol Global AI Conclave in Bengaluru on November 22, Koshy argued that a hybrid approach, combining both use-case driven solutions and robust AI infrastructure, is essential for long-term success.

"I believe AI infrastructure is key to the next digital economy. If you don't do it now you would always be doing catch up and be dependent on another country to provide you the service," Koshy said.

Inception specialises in advanced AI models and applications and it recently launched its latest large language model (LLM), JAIS 70B.

Koshy also highlighted India’s unique position in the AI race. "India offers quality of engineering talent, entrepreneurial spirit, digital canvas and the ability to scale software and I believe that the country will ride the AI wave," he said.

Koshy added that G42’s ongoing strategy since 2018 has been focused on establishing AI infrastructure, developing custom models, and bringing commercial AI solutions to market.

"G42 is focused on partnering with companies in India and find the right use cases that can create maximum impact... We are industry-agnostic, focus is predominantly fine tuning models and building custom AI as a service for any partner," he said.

Addressing the potential impact of AI on jobs, Koshy reassured that AI is not meant to replace jobs, but to augment decision-making processes.

He also urged the government to play the role of an enabler in the AI development process. Koshy pointed to the UAE’s leadership in AI, where the government appointed the world’s first Minister of AI at a time when AI was still emerging as a buzzword.

For the younger generation looking to enter the AI space, Koshy had a simple piece of advice: adaptability. "Being adaptable is essential in this time and universe. Don't be an expert in one field but be adaptable to pivot because technology is changing by the second," he said.