The influence of artificial intelligence (AI) and its different applications, such as Generative AI, seems to impact different sectors. With multinational companies’ entrance into the AI landscape, it’s seemingly become evident that the market will grow in upcoming years. In May, 2023, Google, a multinational technology company, unveiled its AI-based Search experience for users and on August 31, 2023, the company made it available for countries such as India and Japan. “After ChatGPT, I believe AI has been integrated into mainstream platforms and services, to enhance user experience and generate outcomes. In my opinion, India has been suave in adopting AI with its startup community taking a role in embracing it,” Rajagopal Menon, vice-president, WazirX, a cryptocurrency exchange, told FE TransformX.
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