US Tech Giants Pour Billions into India for AI Supremacy Race

• US tech giants like Microsoft, Amazon, and Google are investing billions in India, making it a key market for global AI expansion beyond America.
• India's large digital-savvy population and high mobile data consumption attract hyperscalers and AI firms.
• The Indian government's new tax policy offers a 20-year tax break on overseas revenue from locally based data services, encouraging foreign investment and aiming to make India a major AI hub.
• India focuses on cost-effective AI deployment and services, while the US and China lead in frontier AI model development.
• The "China+1" strategy, coupled with India's skilled workforce and supportive regulatory environment, further drives multinational companies to invest in the country.