New Delhi, July 18 (IANS) Tech Mahindra Chairman Anand Mahindra has dismissed concerns that artificial intelligence (AI) will undermine India’s IT services industry, asserting that the sector’s role will evolve and become even more significant as enterprises increasingly adopt AI at scale.Addressing shareholders at the company’s annual general meeting (AGM), Mahindra said every major technological shift has sparked fears about job losses and disruption, but AI should instead be viewed as a catal…
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New Delhi, June 25 (IANS) US e-commerce giant Amazon on Thursday announced to invest a total of $48 billion to expand and support its businesses in India from 2026-2030, as its CEO Andy Jassy met Prime Minister Narendra Modi here.Jassy reiterated Amazon’s long-term commitment to India and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in the country by 2030.This takes Amazon’s total planned investment in expanding and supporting AI and cloud infrastruct…