New Delhi, April 12 -- As the world grapples with the challenges of a perfect storm - war, energy crisis, and the upcoming AI crisis - India emerges as a bright spot in an otherwise gloomy global landscape. Frank-Jurgen Richter, former Director of the World Economic Forum and Chairman of Horasis, believes that India has the momentum to become a global leader in AI and manufacturing.

In an exclusive interview with ANI, Richter said that Europe has missed the bus in terms of setting up its own AI capacities and sovereign AI. "Europe is down, there is unemployment in Europe; it may have missed the bus in terms of setting up its own AI capacities and its own sovereign AI," he said. In contrast, India is moving rapidly in the right direction,...