New Delhi, December 9: The CEOs of Microsoft, Cognizant, and Intel on Tuesday met Prime Minister Narendra Modi to discuss accelerating AI adoption in India and investments in the country's tech ecosystem.
Microsoft CEO Satya Nadella announced a landmark USD 17.5 billion investment in AI, marking it as the largest investment in Asia. The investment will help build infrastructure, develop skills, and enhance India's AI capabilities.
Intel CEO Lip-Bu Tan praised India's semiconductor policy and committed to supporting the India Semiconductor Mission. Intel also signed a Memorandum of Understanding (MoU) with Tata Group to localize semiconductor manufacturing, aligning with the government's "Make in India" initiative.
Cognizant CEO Ravi Kumar discussed expanding AI adoption and enhancing education and skills to boost productivity. He also emphasized the company's ongoing commitment to India and plans for growth in emerging cities.