India is OpenAI’s second-largest market, with users tripling in a year, company CEO Sam Altman said. This and more in today’s ETtech Top 5.Also in the letter:■ AI’s shifting economics■ Snap promotes Ajit Mohan■ Alphabet misses estimatesSam Altman: India second largest market for OpenAI;

OpenAI Chief Executive Sam Altman met with India's IT Minister Ashwini Vaishnaw on Wednesday and discussed India's plan of creating a low-cost AI ecosystem.

India is the second-biggest market for OpenAI, with the number of users tripling in one year by 2024, the company’s chief executive officer, Sam Altman, said here on Wednesday. “Seeing what people are building in India with AI (artificial intelligence) at all levels of the stack—chips,

Sam Altman’s current endorsement of India’s AI capabilities marks a notable shift from his previous stance. In a 2023 interview, he had expressed doubts about India being able to develop AI models com

OpenAI CEO Sam Altman praised India's significant growth in AI, highlighting it as a key market. Despite previous skepticism, he now sees India as a leader. Altman addressed pricing concerns linked to China's DeepSeek platform and foresaw a dropping cost of AI technology,

OpenAI CEO Sam Altman has declared India the company’s most critical international market. Altman’s statement came after a year that saw OpenAI’s user base in India triple, marking the end of a multi-day tour of Asia that included stops in Tokyo and Delhi.

India should be a leader in building small models, especially reasoning models,” Altman said, emphasising that while AI training costs will continue to rise exponentially, the returns in intelligence and revenue will also grow significantly.

OpenAI CEO Sam Altman praises India's potential as a key AI market, with user growth and innovations driving the sector forward.

Don’t think the world is going to need any less AI hardware,' said the OpenAI CEO who is in India as part of his whirlwind world tour.