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Microsoft backs its $3B AI push in India with public and private sector deals

Microsoft announced a sweeping series of artificial intelligence partnerships across India's core sectors on Wednesday, a day after pledging to invest $3 Microsoft has forged AI alliances across core sectors in India as it kickstarts its $3 billion investment in the country.

The tech giant’s chief executive Satya Nadella (pictured above) unveiled agreements with five major organizations spanning railways, healthcare, financial services, manufacturing and education. RailTel, a government-backed firm, has struck a five-year partnership with Microsoft to advance “digital, cloud and AI transformation” in the Indian railways. Bajaj Finance, India’s largest non-banking financial company, expects annual cost savings of $18 million by 2026 through AI implementations.

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