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Microsoft announced a series of AI partnerships across key sectors in India on Wednesday, a day later. promises to invest 3 billion dollars in the country in the next two years as it steps up competition with rivals Google and Amazon.
The tech giant’s chief executive Satya Nadella (pictured above) announced deals with five major organizations spanning railways, healthcare, financial services, manufacturing and education.
This includes an agreement with India’s Ministry of Electronics and Information Technology, as part of which Microsoft will contribute to the ministry’s IndiaAI Mission Datasets platform by supporting data collection and synthetic production.
The company will also train 500,000 people in AI technologies by 2026, both to promote AI innovation in rural areas and create AI labs at 20 national skill training institutes.
Government-backed firm RailTel has entered into a five-year partnership with Microsoft to drive “digital, cloud and artificial intelligence transformation” in Indian railways. Apollo Hospitals plans to develop AI ‘copilots’ for healthcare services. Bajaj Finance, India’s largest non-banking finance company, expects to save $18 million in annual costs by 2026 through AI applications. Edtech startup Upgrad will work with Microsoft to create applications for using artificial intelligence in the workplace.
The push comes as Google and Amazon race to expand their AI offerings and court Indian businesses and Nvidia. deals Providing AI chips to India’s largest companies.
In October, Nvidia CEO Jensen Huang announced a partnership with Indian conglomerate Reliance Industries to build AI infrastructure. The chip designer also signed contracts with Tata Communications and Yotta Data Services to deploy thousands of H100 chips.
Google, which has been operating in India for over two decades, recently introduced new tools powered by artificial intelligence It enables Indian merchants to build their digital presence.