Mumbai, Sept. 11 -- Federation of Indian Chambers of Commerce & Industry in collaboration with Boston Consulting Group has released a white paper on 'The Global AI Race', which highlights the widening divide in AI adoption, calling for action to ensure AI drives inclusive global progress.

Artificial Intelligence (AI) has emerged as the defining technology of the 21st century, reshaping economies and businesses. The paper reports that by 2030, it is projected to add nearly USD 15.7 trillion to global GDP, unlocking unprecedented productivity gains and accelerating innovation across sectors.

In 2023, over 66% of developed economies had an AI strategy in place, compared to only 30% in developing and 12% in least developed ones. On the busi...