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20 per cent of world's R&D budget is spent on AI: Toby Walsh, chief scientist at UNSW
UPDATED: Mar 8, 2025 15:38 IST
Toby Walsh, chief scientist at UNSW.ai, AI Institute, UNSW Sydney, revealed at the India Today Conclave 2025 that 20 per cent of the world’s R&D budget is spent on AI. He highlighted its rapid evolution, ethical challenges, and India’s potential to leverage its vast population and data for AI success.
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