The United States Chamber of Commerce’s US-India Business Council (USIBC) on Thursday convened its first Artificial Intelligence (AI) Task Force, which met virtually to discuss cross-sector collaboration in the context of AI’s growing prominence. Meta was named co-chair of the task force.
USIBC also announced that Infosys, UPS and BNY Mellon joined its AI Board Advisory Committee. “This expansion aims to strengthen USIBC’s efforts in driving collaboration and innovation in the rapidly evolving field of AI by relying on the top business talent in America and India,” it said in a statement.
Inderpreet Sawhney, group general counsel and chief compliance officer, Infosys, who joined the committee, said “At Infosys, we attach great significance to the responsible roll out of AI, which is also one of the key focus areas of the Advisory Committee. As part of this Committee, I am eager to share our experiences around the techno-legal aspects of AI that Infosys had the opportunity to shape. With our combined talent pool and data resources, the collaboration between India and the U.S. has tremendous value to unlock.”
USIBC president ambassador Atul Keshap said the leadership and expertise of committee members “will play a crucial role in shaping our strategic approach to AI, enabling us to navigate the challenges and opportunities across various sectors such as business, biotechnology, healthcare, logistics, and technology.”
USIBC added that the goal of the AI task force is to align and drive US and Indian leadership in the AI ecosystem, promote common AI concepts and principles within national and multi-stakeholder processes, and ensure competitiveness of the countries’ industries to develop, leverage, and commercialise AI technologies for the benefit of each country’s democratic citizenries.
The meeting brought together industry leaders from advanced technology sectors like logistics, semiconductor design and manufacturing, commercial electronics, biotechnology, telecommunications, space, defence, information technology, and financial services.
It also offered a platform for exploring cooperation and synergy in key areas critical to global growth, economic competitiveness, and national security, USIBC said.