PM Modi US Visit: On Friday, Prime Minister Narendra Modi met with Google CEO Sundar Pichai in Washington. The Indian-origin CEO of Google has introduced opening of Google Fintech heart in Gujarat. “It was an honour to meet PM Modi during the historic visit to the US. We shared with the prime minister that Google is investing $10 billion in India’s digitisation fund. We are announcing the opening of our global fintech operation centre in GIFT City, Gujarat.” Pichai after assembly PM Modi as quoted by ANI.
What is FinTech?
Fintech is a mix of the phrases ‘financial’ and ‘technology’ and it’s used to check with companies that make use of use of know-how to reinforce monetary providers.
The Fintech know-how makes use of superior applied sciences like machine studying algorithms, blockchain and knowledge science to asses monetary dangers and plan accordingly. With progress of FinTech considerations round cybersecurity has additionally elevated as firm knowledge can turn out to be weak to unethical hackers and technicians. The Google Fintech heart introduced for India might be one its type within the nation.
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Pichai praises PM Modi’s imaginative and prescient
Praising Modi’s imaginative and prescient of Digital India, the Google and Aplphabet CEO stated “The PM’s vision for Digital India was way ahead of his time and I now see it as a blueprint that other countries are looking to do.” Recounting his assembly with PM Modi final December Pichai stated ” “I met the prime minister in December, and we continued our conversation. We shared that Google is investing $10 billion in the India digitisation fund, and we are continuing to invest through that, including in companies working on artificial intelligence. As part of that, we have a 100-language initiative. We are bringing bot to more Indian languages very soon.”
PM Modi additionally met with Amazon CEO Andrew Jassy and Boeing CEO David L. Calhoun in Washington.
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