News Brief
India Secures Fourth Spot In Stanford's Global AI Rankings
Generative AI is increasingly harnessed by corporations and industry (Representive Image)
India is emerging as one of the global leaders in the field of Artificial Intelligence (AI), with the country securing fourth rank in AI development in an assessment by the US-based Stanford Institute for Human-Centered AI (HAI)
The Stanford HAI has released its findings about the AI-led technology ecosystem at a global level, using the Global Vibrancy Tool 2024 developed by the institute.
The tracking tool, which measures a country’s AI ecosystem on key indicators including research papers, private investment, patents, and more, analysed data from 36 countries.
According to the Stanford HAI Global Vibrancy Tool 2024, the United States leads in several core AI areas, including releasing more notable machine learning models, investing more private capital in AI, and publishing more responsible AI research than any other country.
China ranks second globally in fostering a dynamic AI development ecosystem, closely following the United States.
The United Kingdom and India secure the third and fourth positions, respectively, in this assessment, according to the tracking tool.
This tool also tracks the evolution of national AI ecosystems over time, identifying both areas of strength and weakness for individual countries in AI.
“AI has increased as a topic of national interest for countries across the globe, and correspondingly narratives about which countries lead in AI have become more prominent than ever,” said Nestor Maslej, project manager of the AI Index, in a press release from HAI.
“However, there’s limited data providing a clear, quantitative view of where countries actually stand in AI. At the AI Index, we wanted to address this gap with a rigorous tool that could help policymakers, business leaders, and the public ground these geopolitical AI narratives in fact," Maslej added.
According to the index, India scores highly in AI research and development, indicated by a good performance in parameters such as AI Journal Publications, AI Conference Publications, AI Journal Citations and AI Conference Citations, alongside having notable AI GitHub projects and scoring well in relative AI skill penetration, AI hiring and AI talent concentration.
However, India lags behind the top three countries in areas such as policy and governance and infrastructure, bringing down its overall weighted score.
