Indian startups poised to ride vertical AI opportunity: Report

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Indian companies are well-positioned to tap into the vertical AI opportunity, with global spending by enterprises on domain-specific solutions expected to reach $47 billion by 2030, according to a latest report.

The current global expenditure for domain-specific AI solutions is $5 billion and is growing at a CAGR of 40%.

The report titled “Vibe50 Emerging Vertical AI Startups,” launched on July 10 by the AI startup accelerator Upekkha, highlighted that Indian companies hold structural advantages rising out of close to 20 years of IT services that…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Indian startups poised to ride vertical AI opportunity: Report



Indian companies are well-positioned to tap into the vertical AI opportunity, with global spending by enterprises on domain-specific solutions expected to reach $47 billion by 2030, according to a latest report.

The current global expenditure for domain-specific AI solutions is $5 billion and is growing at a CAGR of 40%.

The report titled “Vibe50 Emerging Vertical AI Startups,” launched on July 10 by the AI startup accelerator Upekkha, highlighted that Indian companies hold structural advantages rising out of close to 20 years of IT services that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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