On Tuesday, Microsoft promised to spend $3 billion in India over the next two years as it steps up its competition with Google and Amazon. On Wednesday, it announced a wide range of AI partnerships in India’s most important industries.
The CEO of the tech giant, Satya Nadella (pictured above), announced deals with five large groups in the areas of healthcare, education, manufacturing, and railroads.
This includes a deal with the Indian Ministry of Electronics and IT. As part of that deal, Microsoft will help the ministry’s IndiaAI Mission Datasets platform by collecting data and making fake data.
By 2026, the company will also have trained 500,000 people in AI technologies. They will also set up an AI Center of Excellence called AI Catalysts to encourage AI innovation in rural areas and AI labs in 20 national skill training schools.
A company backed by the government called RailTel has teamed up with Microsoft for five years to help the Indian trains go through a “digital, cloud, and AI transformation.” Apollo Hospitals wants to make AI “copilots” for medical services. India’s biggest non-banking financial company, Bajaj Finance, thinks that using AI will save them $18 million a year by 2026. Upgrad, an edtech company, will work with Microsoft to make AI apps that can be used at work.
The push comes at a time when Google and Amazon are racing to offer more AI and court Indian businesses. At the same time, Nvidia is making deals to give AI chips to India’s biggest companies.
Jensen Huang, CEO of Nvidia, announced in October that the company would be working with Reliance Industries, an Indian giant, to build AI infrastructure. The company that made the chips also made deals with Tata Communications and Yotta Data Services to use thousands of its H100 chips.
Also Read: Amazon Hires a Long-time Executive to Run Its Business in India as the Competition Gets Tougher
Google has been doing business in India for more than 20 years. They just released new AI-powered tools for Indian merchants that help them build their online profile.
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