Powering the AI revolution: A Rs 200 lakh crore opportunity for capital markets
[hfe_template id='11223']
[ad_1]
Before someone jumps in to say that the backbone of an AI movement is technological advancement and coding brilliance, I would politely disagree. The real backbone is the creation of AI infrastructure, the invisible highway on which AI rides and runs. We, as consumers, see the shiny end product. We see a chatbot answering questions, an app recommending movies, or a stock exchange or bank detecting fraud in milliseconds. What we don’t see is the immense work behind the curtain. AI infrastructure spans multiple areas-land and buildings; massive electricity generation capacity and distribution grids; cooling facilities; chips (with continuous upgrades, because yesterday’s chip is already a fossil); memory and storage devices; fibre and spectrum to build networks; software and its upgrades; data centres; physical and cyber security; the availability of skilled talent; and finally, the oxygen of it all-capital. While we usually think AI infras...