Weeks after the US initiated the process to extend an invite to India to join Pax Silica, India officially has officially joined the AI and supply chain security alliance. The Ministry of External Affairs announced India entered the Pax Silica initiative by becoming a signatory to the Pax Silica Declaration on the sidelines of the AI Impact Summit in New Delhi today. Besides, India also signed a Joint Statement on the “India-US AI Opportunity Partnership” as a bilateral addendum to the Declaration. In his keynote remarks, IT minister Vaishnaw highlighted the strong potential for India and the US to collaborate on supply chain security. He also emphasised that cooperation under Pax Silica would further deepen engagement on critical technologies and supply chain resilience under the India-US Comprehensive Global Strategic Partnership. “Through the Joint Statement on the AI Opportunity Partnership, India and the United States aim to promote pro-innovation regulatory approaches, strengthen the physical AI stack, and advance free enterprise. The partnership envisions empowering AI developers, startups, and ecosystem enablers; exploring joint research and development; facilitating industry partnerships and investments in next-generation data centres; enhancing cooperation on access to compute and advanced processors; and accelerating innovation in AI models and applications,” the… Read MoreInc42 Media
