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.

Altman acknowledges India’s growing role in AI, as OpenAI faces new competition and legal challenges in the country.

IT Minister highlighted India's cost-effective approach to space exploration, specifically the Chandrayaan-2 mission, and expressed confidence that India could similarly develop large language models (LLMs) at a fraction of the cost compared to other countries.

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

OpenAI CEO Sam Altman is in India on his second tour of the country, where he met up with Paytm's Vijay Shekhar Sharma. The duo took a picture together which Sharma captioned "Sam bh-ai", cleverly hyphenating AI in the word "bhai" which means brother in Hindi.

Sam Altman, the CEO of OpenAI, the makers of ChatGPT, has been at the centre of the AI frenzy, given the role his company has played in the AI revolution. Sam Altman In India Altman is in India, and while speaking in the country,

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.

The minister said that the OpenAI CEO appreciated Prime Minister Narendra Modi’s vision of democratising technology.

OpenAI CEO Sam Altman on Wednesday said that the country is important for Artificial Intelligence and OpenAI, and added that India - with its full stack model - should be among the leaders of the AI revolution.