India’s Finance Minister Nirmala Sitharaman met tech leaders in San Francisco to strengthen economic and innovation partnerships. Discussions centered around India’s AI potential and a proposed $12 billion private-sector-led R&D scheme. She met CEOs and founders from companies like DataRobot, Turing, a16z, and VMware. The meetings aimed to enhance bilateral investment and AI collaboration, especially in sectors like education and healthcare.

BulletsIn

• FM Sitharaman met San Francisco tech leaders to boost investment, AI cooperation
• Proposed $12B R&D scheme discussed to drive innovation
• Debanjan Saha (DataRobot CEO) praised India’s AI potential
• Saha and Sitharaman discussed India’s role in global AI growth
• Turing founder Johnathan Siddharth proposed sovereign AI model with Indian support
• AI model seen as future global template, with India’s contribution
• Anjney Midha (a16z) and Raghu Raghuram (VMware) joined discussion
• They discussed AI use in Education, Healthcare sectors
• Talks signal deeper tech, investment links with US firms
• Aim to position India as a global innovation hub