New Delhi, Feb. 24 -- The AI Impact Summit held last week brought many members of the global technology royalty to New Delhi. It also featured the launch of India's first multi-billion parameter large language model, saw announcements of big investments in artificial intelligence (AI) infrastructure and ended with an international declaration on the need for democratic diffusion of AI.

Venture capitalist Vinod Khosla set the cat among the pigeons by saying that AI may destroy the software services and business processing outsourcing businesses that are so important to the Indian economy. Elsewhere, shares of major software service companies lost ground as investors sold them after the launch of Claude Cowork by Anthropic fanned fears tha...