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Best of AI is yet to come; world debating will AI concentrate power in hands of a few, or will it democratise opportunity for all, says Reliance Industries MD and Chairperson Mukesh Ambani at AI Impact Summit.
AI today has many limitations .. Hallucinations, that's one of the main issues blocking the use of AI in Enterprises. But beyond hallucinations, understanding the world, understanding physical activities, the physical movement. This is one of the next frontiers. The safety of AI is one of the existential issues Swarms of agents can be made to do completely reckless things and we don't yet have ways to understand or deal with this.
"With Artificial General Intelligence on horizon, we are at a threshold moment," said Google DeepMind CEO Demis Hassabis.
At the AI Impact Summit 2026, Google DeepMind CEO Demis Hassabis said, "India will be a powerhouse for AI across the world."
"Being effective with AI requires not only the knowledge of AI itself but understanding its limitations. There is a huge gap between LLMs and business users inside enterprises, especially how to bring value to those users . An overcoming that gap is where a lot of value, creating opportunity is. Bridging that gap requires delivering correct systems , trusted ,verifiable reliable systems that deliver value to people.
February 2026
Despite a challenging global business environment and geopolitical turmoil, MNCs are a major part of the story of Corporate India. As the country moves closer to its Viksit Bharat goal, these multinationals are playing an increasingly pivotal role in shaping that future. Fortune India’s second edition of the MNC 500 list offers a comprehensive look at the performance of the 500 largest multinationals in India. The issue also decodes Budget 2026, highlighting the government’s long-term vision to sustain the economic momentum.
Bharti Group Chairman Sunil Mittal says that Healthcare, education, deep research, medical sciences has a huge potential with AI
The RIL Chairman said, "Should we act as isolated nations or united global families? Inequality will widen if AI is locked in the global north. But there is future where AI is available to all. India will emerge as one of greatest AI powers in the world in 21st century."
Jio with RIL will invest ₹10 lakh crore over the next 7 years starting this year, said Mukesh Ambani at AI Impact Summit.
Prime Minister Narendra Modi today said the real question is not what AI can do in the future, but what humanity chooses to do with AI in the present. Drawing parallels with nuclear power, the Prime Minister noted that humanity has witnessed both its destructive potential and its positive contributions. He asserted that AI too is a transformative power—if directionless, it leads to disruption, but with the right direction, it becomes a solution. PM Modi said Modi highlighted that the core purpose of the Global AI Impact Summit is to deliberate on how AI can be made human-centric rather than machine-centric, and how it can be made sensitive and responsible.
Prime Minister Narendra Modi today said Artificial Intelligence represents a transformation of the same magnitude as historic turning points in human civilization. “What is being seen and predicted today are only the initial signs of its impact. He stated that AI is making machines intelligent, but more importantly, it is multiplying human capability many times over,” he said. PM Modi emphasized that the difference this time lies in the unprecedented speed and unexpected scale. He noted that earlier, the impact of technology took decades to manifest, but today, the journey from machine learning to learning machines is fast, deep, and wide. He underlined that this requires a larger vision and equally greater responsibility.
Speaking at the India AI Summit 2026, Prime Minister Narendra Modi said that India sees a strong future in artificial intelligence. He said the country has the talent, energy, capacity and clear policies to support growth in the sector.
He added that three Indian companies launched their AI models and apps at the summit, which reflect the talent of India’s youth.
Modi also invited global partners to design and develop in India and deliver their solutions to the world and to humanity.
AI Impact Summit 2026, PM Modi said, we are a natural centre for affordable and scalable solutions. We have diversity, a young population, and a strong democracy. Models built here can grow and expand easily. We should design and develop in India and deliver to the world.
“India sees a strong future in AI. We have the talent, energy capacity, and policy clarity. I am pleased to inform you all that at this summit, three Indian companies have launched their AI models and apps. These models showcase the talent of our youth...I invite you all to design and develop in India, deliver to the world, humanity…” PM Modi said at the AI Impact Summit.
Prime Minister Narendra Modi today said there is a need for a resolve to develop AI as a global common good. “We need to build global standards. Deep fakes, fabricated content leading to disturbances in the civil society. Authenticity labels are a must in the digital world so that people can distinguish between original and AI content,” said Modi in his inaugural address at the AI Impact summit.
Prime Minister Narendra Modi said, "For AI, humans are just data points. To ensure that humans are not reduced to mere raw material, AI must be democratised. It must be made a medium for inclusion and empowerment, especially in the Global South. We must give AI an open sky and also keep the command in our hands, like GPS. GPS shows us the way, but the final call on which direction we should go is ours. The direction in which we take AI today will determine our future."
Prime Minister Narendra Modi today said AI should not become a monopoly but a multiplier. "This is India's human vision for the AI-led 21st century world," he said.
Prime Minister Narendra Modi said, "We are the largest tech talent pool and biggest tech enabled ecosystem."
Prime Minister Narendra Modi today said the ongoing AI Impact summit is the largest and historical AI summit. "India builds new tech and adopts them with unprecedented speed," Modi said in his inaugural address. PM Modi said the presence of the young generation in the Summit instills new confidence.
French President Emmanuel Macron today said that India has proved the world wrong in digital adoption. “Ten years ago the world told India that 1.4 billion cannot be brought under the digital economy, but India proved them wrong," he said during the inaugural ceremony of the AI Impact Summit.
"Strong partnerships are needed for new AI solutions. We do believe in innovation and we do believe in a better place and a better world. The old world said you compete or lose, the new world says connect or fall behind," he said.
The message of this summit is simple. Real impact means technology that improves lives and protects the planet. So let's build AI for everyone with dignity as the default setting," said U.N. Secretary General António Guterres.
A digital identity has been built for 1.4 billion citizens, 500 million digital health IDs have been issued, said French President Emmanuel Macron.
"Last year when France and India co-hosted the AI Action Summit in Paris, we set a global guiding principle for technologies that would transform our societies and our economies. We say that AI will be an enabler for our humanity to innovate faster, to disrupt healthcare, energy, mobility, agriculture, and public services for the good of mankind. Both of us, we do believe in this revolution. AI has become a major field of strategic competition, and big tech got even bigger," said French President Emmanuel Macron.
"As a sign of our commitment, we just this week opened an office in Bengaluru and hired Irina Ghose, who has spent three decades building businesses in India, as our managing director for Anthropic India. We've also announced partnerships with major Indian enterprises this week, including Infosys and others," said CEO of Anthropic, Dario Amodei.
Sam Altman, CEO, OpenAI, said, “India is already leading the way in AI adoption, and with its talent, ambition, and strong government support, it is well placed to help shape its future. Through OpenAI for India and our partnership with Tata Group, we’re working together to build the infrastructure, skills, and local partnerships needed to build AI with India, for India, and in India, so that more people across the country can access and benefit from it.”
Tata Group, Tata Consultancy Services (TCS) and OpenAI have announced a multi-dimensional strategic partnership that will drive AI-powered innovation across enterprise, consumer, and social sectors. This partnership spans multiple high-impact areas, including powering AI-led innovation across Tata Group companies, joint efforts to drive AI transformation across industries globally, and setting up AI infrastructure.