Vishal Sikka Highlights AI Valuation Gap and Calls for India’s Own AI Models

Vishal Sikka, founder and CEO of Vianai Systems and former Infosys CEO, highlighted concerns over a valuation gap in the AI sector, noting that current spending on AI infrastructure exceeds revenue generation significantly. He urged Indian IT firms to adapt to AI-driven automation despite potential short-term economic impacts. Additionally, Sikka emphasized the need for India to develop its own foundational AI models to avoid reliance on external technologies and address a critical global skill shortage, promoting skill development through initiatives like the upcoming India AI impact summit.