India, Oct. 13 -- Most CXOs of large and medium-sized businesses encounter the same dilemma: they'd like to harness the power of modern AI but are concerned about the compliance nightmares and privacy risks that come with it. They have the mandate to leverage AI, but do not want to sacrifice their company's IP as training data.

In discussions with business heads in the last two years, it has become evident that senior executives often veer on the side of caution, delaying AI implementation until they have clarity. However, this strategy comes with a risk: AI is one of the most significant technologies to have emerged in decades (akin to smartphones), and it is disrupting the board.

To succeed in the future, adopting AI is critical, both...