As the global artificial intelligence (AI) infrastructure market expands at a rapid pace, Australia and India are making significant strides in establishing their presence in the field. A recent report by ARKANCE highlighted the countries leading the way in AI infrastructure, revealing important insights into the position of Australia and India amid the ongoing AI revolution.
The AI infrastructure market was valued at $36.59 billion in 2023 and is expected to grow to $356.14 billion by 2032 at an annual growth rate of 29.1%. As countries around the world ramp up their AI investments to foster innovation, Australia ranks fifteenth and India is tied for tenth place in a new AI infrastructure index that measured AI venture capital investments, talent availability, research output, broadband speeds, and government support over the past five years.
Australia’s Position in AI Infrastructure
Australia ranked fifteenth in the index, with an AI infrastructure score of 4.48 out of 10. The country has shown particular strength in cybersecurity, scoring 9.75 out of 10, underscoring its commitment to secure AI development. Government technology maturity, which measures the level of digital transformation and AI readiness, was also relatively high at 8.11/10.
However, Australia’s challenges lie in the level of investment and broadband speeds. With AI venture capital investment sitting at $2.25 million per 1,000 GDP, Australia lags behind many of its international peers. Broadband speeds of 73.96 Mbps further limit digital integration, which is crucial for AI adoption. Nevertheless, AI research accounts for 18.76% of Australia’s research publications, reflecting growing academic and industry interest in the field.
India Tied for Tenth, Showing Strong Growth
India has emerged as a key player in the global AI landscape, tying for tenth place with Finland, with an AI infrastructure score of 5.26/10. The report highlighted India’s commitment to developing AI infrastructure, investing $3.76 million in AI venture capital per 1,000 GDP. Despite having relatively low broadband speeds (63.46 Mbps), India excels in several areas.
India’s strength lies in its AI research output and government support. Approximately 25.2% of research publications in India focus on AI, demonstrating the country’s dedication to technological innovation. Moreover, the Indian government’s technology maturity score of 9.40/10 underscores its strong backing of AI initiatives. With an impressive cybersecurity index score of 9.75/10, India is well-positioned to expand its AI capabilities despite certain infrastructure limitations.
Global AI Leaders: Singapore, South Korea, and the United Kingdom
In the global context, Singapore leads the AI infrastructure index with a score of 8.91/10, followed by South Korea (7.71/10) and the United Kingdom (6.93/10). Singapore’s exceptional AI venture capital investment—$14 million per 1,000 GDP—and fast broadband speeds of 305 Mbps have set it apart as a leading hub for AI development.
South Korea demonstrated the strongest government technology maturity (9.91/10), highlighting the role of state support in fostering AI growth. Meanwhile, the United Kingdom stands out for its high cybersecurity score and substantial AI venture capital investment, making it a key contender in the global AI arena.
The Future of AI in Australia and India
Australia and India are poised to build upon their current capabilities in AI infrastructure. Despite differences in broadband and venture capital investment, both countries demonstrate strong government support and commitment to developing a secure AI environment. Greg Arranz, CEO of ARKANCE, commented on the significance of these developments, emphasising that “as AI continues to shape the future, countries are investing heavily in the infrastructure needed to support this transformative technology.”
For Australia, boosting venture capital investment and enhancing digital infrastructure will be key areas of focus to improve its standing. Meanwhile, India, with its emphasis on research and government initiatives, is well on its way to solidifying its place among global leaders in AI development.
The advancements in AI infrastructure hold immense promise for various industries, especially the architecture, engineering, and construction (AEC) sector, where AI-driven automation can streamline workflows, reduce costs, and enhance project outcomes. As Australia and India continue their push towards AI innovation, their efforts will likely play a pivotal role in shaping the future of AI in the region and beyond.
Support Our Journalism
The global Indian Diaspora and Australia’s multicultural communities need fair, non-hyphenated, and questioning journalism, packed with on-ground reporting. The Australia Today—with exceptional reporters, columnists, and editors—is doing just that. Sustaining this requires support from wonderful readers like you.
Whether you live in Australia, the United Kingdom, Canada, the United States of America, or India you can take a paid subscription by clicking Patreon and support honest and fearless journalism. LINK: https://tinyurl.com/TheAusToday