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56th Annual Meeting of the World Economic Forum (WEF)

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Venue: Davos-Klosters, Switzerland
Dates: 19–23 January 2026
Theme: “A Spirit of Dialogue”

Why in News?

The 56th Annual Meeting of the World Economic Forum (WEF) brought together global political, business and technology leaders to discuss economic uncertainty, geopolitical tensions, and the future of technology-led growth.

Key Reports Launched

1. WEF Chief Economists’ Outlook – January 2026
  • 53% of Chief Economists expect global economic conditions to weaken in 2026
  • Improvement from 72% pessimism in September 2025
  • Indicates cautious optimism amid persistent global risks
2. AI Adoption Report
  • Title: “Proof Over Promise: Insights on Real-World AI Adoption from 2025 MINDS Organization”
  • Collaboration: WEF & Accenture
  • Focus:
    • Practical, scalable AI deployment
    • Moving beyond pilot projects to real-world impact

India Highlight:

  • Tech Mahindra Ltd recognised under WEF’s MINDS programme for making AI work in real-world applications

AI Investment Ranking

  • India ranked 8th (out of 11 countries) in AI investment as a share of GDP (2010–2024)
  • Estimated AI investment: 1.2%–1.8% of 2024 GDP
  • Top countries:
    1. USA
    2. Singapore
    3. South Korea
    4. China

World Economic Forum (WEF)

The World Economic Forum (WEF) is an international non-governmental and non-profit organisation that brings together leaders from government, business, academia, and civil society to address global economic, social, political, and technological challenges through dialogue and cooperation.

Establishment & Headquarters
  • Founded: 1971
  • Founder: Klaus Schwab
  • Headquarters: Cologny, near Geneva, Switzerland
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