Global tech giants eye India as AI impact summit kicks off in New Delhi
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New Delhi has become the focal point of the global artificial intelligence (AI) world as the India AI Impact Summit 2026 officially kicked off today at Bharat Mandapam, bringing together leading technology firms, international policymakers, and heads of state for five days of discussions on the future of AI. India’s burgeoning digital economy and a young, tech-savvy population are making it a favored destination for investments in and innovations related to AI. The big names attending include Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, Alphabet CEO Sundar Pichai, Anthropic CEO Dario Amodei, and Google DeepMind CEO Demis Hassabis. Indian Prime Minister Narendra Modi is set to welcome them, highlighting India’s role as both a market for new technologies and a talent hub. Lalit Ahuja, CEO of ANSR, said that the summit is a massive validation of the market’s potential and that everyone is coming because India cannot be ignored. India pushes to become a major tech hub In the past few years, Modi’s government has asserted its vision of India as a global tech powerhouse. The nation has sanctioned $18 billion in semiconductor projects to expand its own supply chain and reduce reliance on imports. The Indian market also encourages products produced for the global business community. Apple, for instance, has increased its production in the country. In 2025, for instance, Apple shipped roughly 14 million iPhones in India, capturing a record 9% slice of the country’s smartphone market, according to new data from Counterpoint Research shared with TechCrunch. The figure marks a significant jump from Apple’s 7% share in 2024, making this the iPhone’s best performance yet in India, which ranks as the world’s second-largest smartphone market by total units sold. Venture capital investors are betting big on startups in India, while local stock exchanges have boosted initial…
Filed under: News - @ February 16, 2026 2:12 am