India, Feb. 14 -- A new IBM report points out that Indian businesses are investing in artificial intelligence (AI) for the long term, with a keen eye on maximizing returns and innovation. The study, which was carried out in association with Morning Consult and Lopez Research, finds that companies are quickly embracing AI in their operations, emphasizing responsible AI governance, and resorting to open-source solutions for scalability and efficiency.

The report indicates a sharp pivot towards open-source AI solutions, with 48% of Indian firms affirming that over half of their AI deployments are based on open-source technologies. With the companies scaling up AI adoption, the need for cost-effective, flexible, and transparent solutions is ...