India, March 18 -- The widespread adoption of Artificial Intelligence (AI) has revolutionized industries across the globe. Businesses leverage AI tools to automate processes, improve decision-making and gain a competitive edge. As per a McKinsey survey on the current state of AI, as many as 40% of respondents have said their organizations will increase their investment in AI overall because of advances in technologies like generative AI.

The potential applications of AI are boundless, and we have only begun to explore its capabilities. However, AI also introduces many complexities and considerations. Striking a balance between the potential of AI and the careful oversight of Governance, Risk, and Compliance (GRC) is now more crucial than...