Tuesday, 7 October, 2025
NPCI’s Ajay Kumar Choudhary Warns AI Power Concentration Could Create Systemic Risks
Ajay Kumar Choudhary, Non-Executive Chairman of NPCI, cautions that AI’s foundational infrastructure—spanning chips, clouds, models, and data—is increasingly controlled by a handful of firms, introducing economic, sovereign, and security vulnerabilities. He advocates diversification, cross-jurisdiction collaboration, and governance frameworks. Highlighting India’s digital public ecosystem like UPI and interoperable systems, he underscores that responsible, inclusive innovation.
Read full story at Economic Times