India, July 20 -- As regulatory compliance and data security concerns take centre stage, conversations around AI and GenAI are moving towards a more transparent open source system. According to the World Economic Forum, open source AI development offers three key advantages. It accelerates innovation while maintaining product safety, makes models more reliable, as datasets and codes are thoroughly audited, and significantly lowers time to market and development costs.

Conversely, closed-source models such as the PaLM (Pathways Language Model, a family of large language models developed by Google), most of the OpenAI GPT models, or Claude, an advanced language model by Anthropic, evade audits because these are not publicly available for d...