Sundar Pichai, the Indian-origin CEO of Google and parent company Alphabet, recently met with Prime Minister Narendra Modi during his visit to Washington.
Following their meeting, Pichai made an announcement that his organization would invest $10 billion in India’s digitization fund.
Pichai Announces $10 Billion Investment in India’s Digitization Fund
Prime Minister Modi’s trip to the United States included meetings with CEOs of major global players like Micron and Applied Materials, both of whom pledged to invest in India. Pichai expressed his honor at meeting Modi during this historic visit and shared that Google would contribute $10 billion to India’s digitization fund.
In addition, Pichai revealed that Google would establish its global fintech operation center in GIFT City, Gujarat, marking an exciting development. He commended Prime Minister Modi for his visionary approach to India’s digitization, which he believed had set a precedent for other countries.
Pichai and Modi have enjoyed a positive relationship since Pichai assumed leadership at Google, having previously met in New Delhi. During their prior meeting, Pichai expressed his commitment to strong partnerships and supporting India’s G20 presidency to promote an open internet accessible to all.
Pichai Talked About the Creation of a Unified AI Model For Indian Languages
The Alphabet CEO eagerly anticipated the progress that India would achieve with the additional $10 billion investment. He outlined specific ideas, including the creation of a unified AI model capable of processing over 100 Indian languages in both speech and text.
This initiative aligned with Google’s global efforts to bring the world’s 1,000 most-spoken languages online and facilitate knowledge and information access in users’ preferred languages. Pichai also highlighted Google’s support for a new multidisciplinary center for responsible AI in collaboration with IIT Madras.
During his visit to Washington, Prime Minister Modi also met with Amazon CEO Andrew Jassy and Boeing’s David L. Calhoun. Calhoun remarked on Modi’s passion for India’s development, particularly in aviation and aerospace. He emphasized India’s potential to play a significant role in the region’s aviation and aerospace sectors.
Jassy, the CEO of Amazon, expressed his commitment to generating more employment opportunities in India and aiding the digital transformation of small and medium-sized businesses. He also emphasized his desire to help Indian companies and products expand their global reach.
