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Diffusion Ranks Higher Than Invention

Financial Express Kochi

|

June 09, 2025

Being the inventor of AI isn't essential; what matters more is how effectively a country adopts, adapts, and applies it across sectors

- RISHI RAJ

WHY NATIONS RISE and decline has been a question of scholarly analysis for long, and various academics have tried to examine and even offer prescriptive guidelines from time to time. However, as is the nature of history, it's difficult to proffer any fixed reason or explanation as different factors have led to the rise and fall of nations over centuries.

In the current era, artificial intelligence (AI) has emerged as the newest benchmark for national power. Once, it was naval superiority, then industrial prowess and nuclear capabilities. Today, AI is increasingly viewed as the key enabler of economic growth, military innovation, and societal transformation. The US and China have for long positioned themselves at the heart of this fierce technological competition. However, India, too, has entered the race recently and is intent on carving its own path in the global race.

To reduce dependency on foreign AI systems and assert digital sovereignty, the government some time back selected Sarvam AI as the lead firm to build India's own foundational large language model. Recently, three other firms, Soket AI, Gan AI, and Gnani AI, have been chosen to join the effort. The thinking is that control over core technologies is equivalent to control over economic and strategic autonomy.

In his seminal work

Financial Express Kochi'den DAHA FAZLA HİKAYE

Financial Express Kochi

Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Kochi

PhonePe IPO: Walmart to sell ₹9,173-cr stake

Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.

time to read

1 mins

January 23, 2026

Financial Express Kochi

Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

time to read

2 mins

January 23, 2026

Financial Express Kochi

IAF’s new ‘Sindoor’ formation on R-Day

FIGHTER JETS OF the Indian Air Force will fly in a special Sindoor formation at the Republic Day flypast this year,ina significant display of India’s air power.

time to read

1 min

January 23, 2026

Financial Express Kochi

Bangladesh defiant: Will play, not in India

AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION

time to read

2 mins

January 23, 2026

Financial Express Kochi

SAT directs Avadhut Sathe Academy to deposit ₹100 cr

THE SECURITIES APPELLATE Tribunal (SAT) on Thursday accorded a partial relief to Avadhut Sathe and his trading academy against the Securities and Exchange Board of India’s (Sebi) order of impounding %546 crore and imposing trading restrictions.

time to read

2 mins

January 23, 2026

Financial Express Kochi

P&G misses Q2 revenue estimates

PROCTER & GAMBLE'S Q2 revenue fell slightly short of Wall Street expectations on Thursday, as weak spending by US consumers and the hit from a government shutdown offset stronger growth globally.

time to read

1 min

January 23, 2026

Financial Express Kochi

Brokerages flag margin risks post Eternal Q3 show

BROKERAGES OFFERED A

time to read

1 mins

January 23, 2026

Financial Express Kochi

AI gets a seat at the C-suite hiring table

Algorithms do leadership searches but the final call stays human

time to read

1 min

January 23, 2026

Financial Express Kochi

IIFL Finance Dec qtr profit rises multifold

IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.

time to read

1 min

January 23, 2026

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