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Business Standard
2 hours ago
- Business Standard
India Set to Add 2.3 Million AI Jobs by 2027, Redefining Global Talent Flows
VMPL Las Vegas (Nevada) [US], August 14: At Ai4 2025, North America's largest artificial intelligence (AI) industry event, Sanjay Puri, Founder of RegulatingAI and Chairman of Knowledge Networks Group, delivered a rallying call for inclusive global AI talent development. In his solo keynote, "Democratizing AI Talent: Bridging Policy, Innovation, and Equity," Puri outlined how India's rapid AI transformation, powered by a INR 10,300 crore IndiaAI Mission, 18,693 GPUs, and a 16% share of the global AI talent pool, is positioning the nation to lead Global South in supplying nearly half the world's STEM graduates by 2030, redefining the Global South from "talent consumer" to "talent exporter." AI talent pipelines today remain concentrated in the Global North, shaped by systems that favour English-speaking, resource-rich contexts. However, that landscape is beginning to shift. India has already overtaken the United States as the largest user base for ChatGPT, accounting for 13.5% of global monthly active users in June. It also ranks as the world's third-largest user of DeepSeek, signalling a surge in digital literacy and appetite for AI tools across the Global South. At the recent launch of OpenAI's latest model, GPT-5, CEO Sam Altman underscored this shift, noting that India is now the company's second-largest market after the United States, and could soon take the top spot. In his solo talk at the AI summit, Sanjay Puri said, "By 2030, India and the Global South will not just consume AI talent, but export it at scale. This can only be achieving with the democratization of AI talent and dismantling the invisible walls of the industry, building South-North skill corridors, and closing the rural-urban gap at home. Mutual recognition of credentials and open policy sandboxes can empower coders from localized AI skilling hubs in Tier 2 and 3 Indian cities to launch world-class models on equal footing with Silicon Valley." His keynote came at a moment of global concern over the risks of technological exclusion and the centralization of AI power. While private companies dominate AI development in the West, Sanjay emphasized India's alternative model centres on policy, public sector innovation, and community-scale application. Government-backed initiatives such as the India AI Mission, Anuvadini, AI Kosh, and Bhashini are building a comprehensive ecosystem to foster AI innovation, strengthening regional language capabilities, collecting inclusive datasets, and collaborating with startups to build India-specific AI solutions. "India's AI story isn't about catching up. It is about setting the pace for the world. From frugal-AI health diagnostics that bring life-saving care to remote villages, to AI tutors reaching 300 million students, we are proving that equitable talent pipelines unlock innovations the Global North would not dream of," he added. Sanjay Puri sees India's approach as a model for nations throughout Africa, Latin America, and Southeast Asia, where AI must grow alongside education, digital access, and local participation. It is not about adapting to existing AI trends, but actively shaping them to serve developmental priorities such as healthcare access, quality education, rural connectivity, and financial inclusion. About Sanjay Puri Sanjay Puri is a globally recognised speaker on AI policy and regulation, Founder of Knowledge Networks Group, and host of the CAIO and Regulating AI podcasts, where he drives conversations on AI's societal impact, ethics, and innovation. An advocate for the creation of a Chief AI Officer (CAIO) role in the C-suite, he advises organizations on using AI responsibly for sustainable growth. Sanjay specializes in thought-provoking discussions on: AI Policy & Regulations: Advancing frameworks to guide ethical AI adoption worldwide, AI Leadership & Strategy: Advocating the CAIO role to unlock AI's full potential in businesses, Driving Ethical AI in the Global South: Addressing challenges and opportunities in underrepresented regions. About Ai4 2025 Established in 2018, Ai4 has grown into the epicenter of the global AI ecosystem and the industry's premier annual gathering. The conference showcases cutting-edge applications, from AI agents to generative AI, alongside the best practices shaping the future of artificial intelligence. With dedicated content tracks and unparalleled networking, Ai4 connects leaders from every sector of the AI landscape to advance responsible human-machine collaboration. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Time of India
5 hours ago
- Time of India
EaseMyTrip board approved three acquisitions to strengthen strategic presence
Academy Empower your mind, elevate your skills EaseMyTrip, one of India's leading travel-tech platforms, has announced three strategic acquisitions to strengthen its end-to-end travel capabilities across both international and domestic markets, according to a company company has:(a) approved acquisition of a 50% stake in Three Falcons Notting Hill Limited for its London's premium property, Three Falcons Hotel, through a secondary investment(b) approved acquisition of a 100% stake in AB Finance Private Limited for acquiring its premium commercial asset property in Gurugram, India at the upmarket Golf Course Road, through a secondary investment, and,(c) In-principally approved making a strategic investment in the proposed acquisitions to be done through share swap arrangement, EaseMyTrip will mark its entry into the international hospitality space with an investment in Three Falcons Hotel, a luxury boutique hotel located in the prestigious St John's Wood area of London, near Lord's cricket to cater to both business and leisure travelers, the hotel will facilitate EaseMyTrip to deliver experiential hospitality in one of the world's most influential tourism markets. The move comes at a time when the global hospitality industry, currently valued at USD 5.71 trillion, is projected to reach USD 7.23 trillion by 2029, presenting substantial growth other proposed acquisition of AB Finance will add a key asset to EaseMyTrip's domestic portfolio. Located at a prominent corporate corridor at the Golf Course Road, Sector 53, Gurugram, the commercial property is projected to support EaseMyTrip's expanding operations. It will offer the flexibility to accommodate EaseMyTrip's future business requirements, including office infrastructure expansion, as EaseMyTrip continues to scale its presence across in-principle approval to invest in VBIL, which is inter alia engaged in entertainment and real estate business activities is a strategic investment move of the to a company release, all the proposed strategic investments will be subject to obtaining relevant board and shareholders' approval, and other regulatory approval(s) as may be on the development, Nishant Pitti, Chairman & Founder, EaseMyTrip, said, "Our growth strategy has always centered around long-term thinking, measured decisions, and brand-aligned diversification. The proposed acquisition of the London property will give us the opportunity to explore synergies in hospitality at a global destination, while the Gurgaon property will strengthen our operational backbone as we scale. With these strategic moves, we aim to create unique, engaging, and memorable experiences for travelers while building value for the future."According to a company release, EaseMyTrip's proposed acquisitions broadens its presence across strategically aligned sectors that complement its core travel business. By investing in high-potential assets in hospitality and infrastructure, the company is building a stronger, more diversified ecosystem that enhances customer engagement at every stage of their journey. This approach is reinforcing EaseMyTrip's mission to deliver end-to-end experience-driven travel solutions for Indian and global audiences.
Economic Times
5 hours ago
- Economic Times
EaseMyTrip board approved three acquisitions to strengthen strategic presence
ANI EaseMyTrip Board approved three acquisitions to strengthen strategic presence EaseMyTrip, one of India's leading travel-tech platforms, has announced three strategic acquisitions to strengthen its end-to-end travel capabilities across both international and domestic markets, according to a company release. The company has: (a) approved acquisition of a 50% stake in Three Falcons Notting Hill Limited for its London's premium property, Three Falcons Hotel, through a secondary investment (b) approved acquisition of a 100% stake in AB Finance Private Limited for acquiring its premium commercial asset property in Gurugram, India at the upmarket Golf Course Road, through a secondary investment, and, (c) In-principally approved making a strategic investment in the proposed acquisitions to be done through share swap arrangement, EaseMyTrip will mark its entry into the international hospitality space with an investment in Three Falcons Hotel, a luxury boutique hotel located in the prestigious St John's Wood area of London, near Lord's cricket to cater to both business and leisure travelers, the hotel will facilitate EaseMyTrip to deliver experiential hospitality in one of the world's most influential tourism markets. The move comes at a time when the global hospitality industry, currently valued at USD 5.71 trillion, is projected to reach USD 7.23 trillion by 2029, presenting substantial growth other proposed acquisition of AB Finance will add a key asset to EaseMyTrip's domestic portfolio. Located at a prominent corporate corridor at the Golf Course Road, Sector 53, Gurugram, the commercial property is projected to support EaseMyTrip's expanding operations. It will offer the flexibility to accommodate EaseMyTrip's future business requirements, including office infrastructure expansion, as EaseMyTrip continues to scale its presence across in-principle approval to invest in VBIL, which is inter alia engaged in entertainment and real estate business activities is a strategic investment move of the to a company release, all the proposed strategic investments will be subject to obtaining relevant board and shareholders' approval, and other regulatory approval(s) as may be required. Commenting on the development, Nishant Pitti, Chairman & Founder, EaseMyTrip, said, "Our growth strategy has always centered around long-term thinking, measured decisions, and brand-aligned diversification. The proposed acquisition of the London property will give us the opportunity to explore synergies in hospitality at a global destination, while the Gurgaon property will strengthen our operational backbone as we scale. With these strategic moves, we aim to create unique, engaging, and memorable experiences for travelers while building value for the future."According to a company release, EaseMyTrip's proposed acquisitions broadens its presence across strategically aligned sectors that complement its core travel business. By investing in high-potential assets in hospitality and infrastructure, the company is building a stronger, more diversified ecosystem that enhances customer engagement at every stage of their journey. This approach is reinforcing EaseMyTrip's mission to deliver end-to-end experience-driven travel solutions for Indian and global audiences. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Tariffs, tantrums, and tech: How Trump's trade drama is keeping Indian IT on tenterhooks Good, bad, ugly: How will higher ethanol in petrol play out for you? As big fat Indian wedding slims to budget, Manyavar loses lustre As 50% US tariff looms, 6 key steps that can safeguard Indian economy Stock Radar: JSPL forms Ascending Triangle pattern on weekly charts, could hit fresh 52-week high soon Nifty and business are different species: 5 small-cap stocks from different sectors with upside potential of up to 30% F&O Radar | Deploy Bear Put Spread in Nifty to play index's negative stance amid volatility Wealth creation: Look beyond the obvious in some things; 10 fertilizer sector companies worth watching
