India’s AI Hardware Dream Takes Off

“I really think chips are the new oil. While oil defined the 20th century, chips will define the 21st century and every country will want to own elements of manufacturing,” Krishna Rangasayee, the CEO and founder of SiMa.ai, told AIM. 

SiMa.ai has a significant presence in India, and around half of the startup’s innovation happens in India. Interestingly, the company has chosen India as a strategic market over China, the largest semiconductor market in the world.

The company is betting on India’s renewed focus on semiconductor manufacturing and fabrication ambitions. “I think India is going to be an AI product-focussed leader globally and a lot of innovation in AI will come from India,” said Rangasayee.