59% of domestic firms actively using Artificial Intelligence, country on path to become ‘Global AI Hub’: Report
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India is on the right path to become a global AI hub with creating a robust AI governance framework, and top factors driving adoption in the country are accessibility of AI tools, need to reduce costs and automate and increase in AI embedded into off-the-shelf business applications, IT and software major IBM said on Thursday. New research commissioned by the company found that about 59 per cent of enterprise-scale organisations in India have AI actively in use in their businesses.