Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
‘India set to benefit as AI costs plunge’
Mint Chennai
|February 20, 2026
Thecost ofdeployingand running artificial intelligence (AI) applications is falling at an exponential pace, potentially making AI tools affordable at scale across India sooner than expected, accord ing toSam Altman, co-founder and chiefexecutive of Open AI, one of the world’s most valua-blestartups.
Sam Altman, co-founder and chief executive of OpenAI.
(REUTERS)
Altman also dismissed the idea that companies like his would “kill” software and tech nology services firms, even as AI automates large parts of theircore work. “Iam optimis tic that we are going to drive pricesdown more than anyone thinks is possible or reasona ble or likely. Using AI can become absolutely cheaper for India to use at scale, and we are moving actively in this direc tion,” Altman said, speaking at aroundtable Mint was part of.
This story is from the February 20, 2026 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
India can't go green if it runs short of critical minerals
India is moving fast on clean energy.
3 mins
April 27, 2026
Mint Chennai
MAMATA FACES 'PORIBORTON' CHALLENGE
The Bengal election is a referendum on the West Bengal chief minister
5 mins
April 27, 2026
Mint Chennai
The secret ingredient: Asset allocation
Asset allocation
2 mins
April 27, 2026
Mint Chennai
India plans to boost infra for firefighting
India is working on an overhaul of its firefighting vehicles—from identifying challenges in dense urban landscapes to building domestic testing capacity—as the government seeks to address critical gaps in fire safety infrastructure, according to two people aware of the development.
1 min
April 27, 2026
Mint Chennai
Aborted Pakistan trip leaves Trump with tough choices on Iran talks
US. envoys were set to travel to Islamabad on Saturday before the president called it off
4 mins
April 27, 2026
Mint Chennai
FlixBus sees India as its top market
Global travel-tech firm FlixBus, which offers long-distance bus and train services, expects India to become its largest market by passenger volume by 2030, according to a senior company official.
1 min
April 27, 2026
Mint Chennai
A British king tries to stop another historic break with America
To say the special relationship is going through a rough patch ahead of King Charles III's visit would be an exercise in British understatement.
4 mins
April 27, 2026
Mint Chennai
India's master photographer Raghu Rai dies aged 83
Internationally acclaimed Indian master photographer Raghu Rai died on Sunday, his family announced.
1 min
April 27, 2026
Mint Chennai
Peak power demand hits record 256GW
India’s peak power demand surged to an all-time high of 256GW on Saturday as intense heatwaves across northwest and central regions drove up the use of cooling appliances, pushing electricity consumption to record levels.
2 mins
April 27, 2026
Mint Chennai
Musk nears financial services rollout on X
More than three years after acquiring Twitter, Elon Musk says he’s nearing his long-stated goal of turning it into an “everything app” with a new financial services tool that he pledged to launch for the public this month.
1 min
April 27, 2026
Listen
Translate
Change font size