Move over, pop stars and celebrities - there's a new sensation taking the world by storm, and its name is ChatGPT. With its unparalleled ability to understand and respond to human language, it is quickly becoming a household name. Whether you're seeking advice, entertainment, or just a friendly chat, ChatGPT is the virtual friend that everyone wants in their corner. The world has been going gaga over Open AI's ChatGPT, with the chatbot making headlines in recent times. From solving complex problems to writing witty jokes, ChatGPT has become the go-to for individuals and businesses alike. With its unparalleled ability to generate human-like responses, it's no wonder why ChatGPT has skyrocketed in popularity.  

Which companies are working on AI Chatbots? 

With tech giants like Google (Bard), Mircosoft (Bing), Meta (Galactica), etc all trying to develop their own AI Chatbots the Indian Government has also hinted at working on the development of its homegrown AI Chatbot. 

Read More: What is Chat GPT-4? All You Need To Know

Is India working on its own version of ChatGPT? 

In response to a question on whether India would have its own version of the artificial intelligence (AI) chatbot ChatGPT, Union Minister for Electronics and Information Technology Ashwini Vaishnaw stated that the government will make a "big announcement" in a few weeks.  

What did India's Electronics & Information Technology Minister say?

“Wait for a few weeks, there will be a big announcement. There was a period when India was solely a consumer of technology, but now many international developers want to work with Indian startups and entrepreneurs as their technology advances,” 

Vaishnaw said at the India Global Forum (IGF) Annual Summit 2023 (Setting the Pace).

What is the future of AI Chatbots? 

According to Grand View Research's most recent research, the market for chatbots will be worth $3.99 billion globally by 2030. Tech heavyweights like OpenAI, Google, Snapchat, and many others have already developed their own chatbots, and more platforms have plans to do the same.

Read More: Will ChatGPT Steal Your Job? Which Professions Are At Risk?

Vaishnaw called for the participation of diplomats and business leaders to join India as partners and assured trust as well as a chance for them to produce on a "big scale" in response to the rising startup sector community in India.

Vaishnaw explained the country's strategy for leading the development of 6G telecom service and said, 

“Last year the prime minister set us the goal of making India competitive with the rest of the world in 4G and 5G. For 6G telecom technology, 127 patents have already been issued. Although 6G technology won't be available for 4-6 years, now is the time to start developing it so that India can lead the way when it does. This is the guiding principle behind Bharat 6G.”

The minister was speaking at the India Global Forum (IGF) Annual Summit 2023. 

What is India Global Forum (IGF) Annual Summit?

IGF is the venue where global leaders and international businesses set the agenda. It provides a range of forums that foreign corporations and policymakers can use to engage with stakeholders in their priority sectors and regions. Our platforms span from significant international gatherings to exclusive, exclusive conversations, analysis, and thought leadership through our media assets.

IGF has a proven track record and unrivaled global network that enable it to bring together executives from major corporations, international organizations, national governments, rapidly expanding start-ups, innovators, military & intelligence, media, entertainment, and culture.

With the Indian Government focusing on making India self-reliable in every sector, an Indian version of ChatGPT may be on the cards.