US giant Apple has concluded that India represents a “huge opportunity” for tech companies after an exceptional and remarkable meeting in which Indian Prime Minister Narendra Modi met with the heads of giant tech companies in the United States on the sidelines of his visit. to Washington.
A report published by the American Network (CNBC) and viewed by Al Arabiya.net said that the meeting, which brought Modi together with the heads of major technology companies, lasted more than an hour, with Apple CEO Tim Cook saying at the end that India represents ” a huge opportunity,” which may represent an important and compelling sign that a US company may head to India for additional investment.
Asked if Apple would continue to expand into the Indian market, Cook pointed to two retail stores the company opened in India earlier this year.
This was the first state visit to the US for Modi, who became prime minister in 2014. After Friday’s meeting, the White House said Google would work with the Indian Institute of Science on open source speech data for artificial intelligence models.
OpenAI CEO Sam Altman was in Washington for the event, and CNBC quoted two people familiar with the matter as saying that Altman and Modi were discussing opportunities for AI collaboration.
Hemant Taneja, CEO of General Catalyst, attended the roundtable and said he intends to find consensus in an effort to ease technology transfer rules between the United States and India, which has overtaken China as the world’s most populous country, while US relations with China has become increasingly tense, increasing in the past few years.
“We are in a digital cold war with China and this approach will ultimately help create an atmosphere of greater cooperation with India,” Taneja said.
