Latest news with #PuneetChandok
Yahoo
2 days ago
- Business
- Yahoo
Microsoft CEO Defends 6,000 Job Cuts as 'Strategic, Not Firings'
June 2 - CEO Satya Nadella said Microsoft (NASDAQ:MSFT) restructured roles to advance its AI-first focus, not to penalize staff. He clarified that the recent reduction of about 6,000 positions stemmed from a shift toward emerging business priorities rather than individual performance. Warning! GuruFocus has detected 3 Warning Sign with MSFT. The CEO explained that teams and resources are being redirected to support AI initiatives, aiming to speed innovation across product lines. In India, Microsoft and Yotta Data Services are teaming up to fast-track AI adoption, working with IndiaAI Mission participants, government agencies, IITs, startups and enterprises. Under the agreement, Microsoft will integrate its Azure AI services into Yotta's Shakti Cloud platform, offering tools for developers, enterprises and public-sector organizations to build and deploy AI solutions. Puneet Chandok, president of Microsoft India and South Asia, said the partnership could unlock AI growth tailored to India's needs. Earlier in January, Satya Nadella announced a collaboration with IndiaAI to create an AI Centre of Excellence and AI Productivity Labs, aiming for inclusive technology growth. The latest moves reinforce Microsoft's push into AI, even as it reallocates talent and capital to pursue cutting-edge capabilities. This article first appeared on GuruFocus. Sign in to access your portfolio
India.com
3 days ago
- Business
- India.com
Microsoft CEO Satya Nadella finally breaks silence on sacking 6000 employees, says they were not fired....
Microsoft CEO Satya Nadella- File image Microsoft CEO Satya Nadella on recent layoffs: In a massive statement after Microsoft laid off 6,000 jobs, CEO Satya Nadella has clarified that the recent layoffs were not linked to employee performance, but the actual reason behind the layoffs was organizational restructuring. Here are all the details you need to know about the recent statement of Microsoft CEO Satya Nadella. CEO Satya Nadella stated that the layoffs were done with a clear focus on accelerating the company's Artificial Intelligence (AI)-first strategy. The CEO emphasized that Microsoft's vision is now centered on AI transformation. Reports have it that Microsoft's plan includes reallocating resources and talent to areas aligned with emerging business priorities. Microsoft aims to boost AI innovation in India In another significant development for Microsoft, Microsoft and Yotta Data Services, India's leading sovereign cloud infrastructure and platform services provider recently partnered to accelerate artificial intelligence (AI) adoption in India. The partnership enables Microsoft and Yotta to engage with IndiaAI Mission participants, government agencies, IITs, startups, enterprises, and software development companies to leapfrog AI innovation, a report by IANS news agency said. Microsoft said it would bring its AzureAI services to Shakti Cloud, Yotta's AI cloud platform, to offer cutting-edge AI capabilities to developers, startups, enterprises, and public sector organisations across India. 'Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale. Microsoft is honoured to play its part in helping the country realise its AI ambitions through innovation that reflect India's unique needs and priorities,' said Puneet Chandok, President, Microsoft India and South Asia. In January this year, Microsoft chairman and CEO Satya Nadella announced a collaboration with IndiaAI, a division of Digital India Corporation, to advance AI and emerging technologies in the country, and established AI Centre of Excellence and AI Productivity Labs to foster inclusive growth. (With inputs from agencies)
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Business Standard
28-05-2025
- Business
- Business Standard
Microsoft-Yotta partner to bring Azure AI to Shakti Cloud for IndiaAI
Microsoft and Yotta Data Services have joined hands to offer the former's Azure AI services on Shakti Cloud, the latter's cloud platform, the two companies said in a press note. The partnership will help Microsoft and Yotta engage with IndiaAI Mission participants, government agencies, IITs, start-ups, enterprises, and software development companies to leapfrog AI innovation, they said. 'Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale. India is already among the top global markets in AI adoption and return on investment. Together with Yotta, we will continue to help India become an AI-first nation, securely and responsibly,' said Puneet Chandok, president, Microsoft India and South Asia. The central government has announced a Rs 10,372 crore IndiaAI Mission with seven key pillars, including enhancing India's compute capacity, building an IndiaAI innovation centre, creating and managing an AI datasets platform, and launching an application development initiative, among others. Against the targeted procurement of 10,000 graphics processing units (GPUs)—a key hardware component required for developing foundation models, large language models, and small language models—the government received nearly 18,500 GPUs in the first round of bidding and hopes to receive bids for another 15,000 in the second round. Union Minister for Electronics and Information Technology Ashwini Vaishnaw has also announced the government's intent to help companies build a sovereign foundation model within the next 10 months. The development of the foundation model is also being undertaken under the IndiaAI Mission. 'The Microsoft-Yotta partnership will give access to cutting-edge AI capabilities to all Indian enterprises and provide a significant boost to the nation's AI ambitions,' the companies said. 'This partnership is a key step towards India's AI self-reliance and digital transformation, and we are excited to support Indian enterprises in their journey towards AI excellence with a full gamut of offerings. The combined strength of Microsoft's services, backed by Yotta's infrastructure, gives access to some of the best capabilities to support AI development in the country. It will make cutting-edge AI capabilities accessible to Indian enterprises of all sizes,' said Sunil Gupta, chief executive officer and co-founder, Yotta Data Services.
Time of India
28-05-2025
- Business
- Time of India
Microsoft joins India's Yotta Data Services to boost AI innovation in country
New Delhi: Microsoft and Yotta Data Services, India's leading sovereign cloud infrastructure and platform services provider, on Wednesday partnered to accelerate artificial intelligence (AI) adoption in India. The partnership enables Microsoft and Yotta to engage with IndiaAI Mission participants, government agencies, IITs, startups, enterprises, and software development companies to leapfrog AI innovation. Microsoft said it would bring its AzureAI services to Shakti Cloud, Yotta's AI cloud platform, to offer cutting-edge AI capabilities to developers, startups, enterprises, and public sector organisations across India. "Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale. Microsoft is honoured to play its part in helping the country realise its AI ambitions through innovation that reflect India's unique needs and priorities," said Puneet Chandok, President, Microsoft India and South Asia. India is already among the top global markets on AI adoption and return on investment. Together with Yotta, we will continue to help India become an AI-first nation, securely and responsibly, he added. As of May, IndiaAI Mission has received over 500 proposals for developing indigenous AI models. Shakti Cloud customers will benefit from a rich ecosystem and vast catalogue of foundational LLMs and SLMs available on Azure AI Foundry to develop, deploy and scale at the speed of AI. Built-in safety tools, content filters, groundedness detection, and copyright protection will empower organisations to build and scale AI responsibly. As a global provider of software, infrastructure, and cloud services, Microsoft runs on trust and enables trustworthy AI by prioritising security, privacy, and safety. "This partnership is a key step forward towards India's AI self-reliance and digital transformation, and we are excited to be able to support Indian enterprises in their journey towards AI excellence with a full gamut of offerings," said Sunil Gupta, Co-founder, CEO and Managing Director, Yotta Data Services. The combined strength of Microsoft's services backed by Yotta's infrastructure gives access to some of the best capabilities to support AI development in the country. "It will make cutting-edge AI capabilities accessible for Indian enterprises of all sizes and give a huge boost to driving the nation's AI ambitions," Gupta noted. In January this year, Microsoft chairman and CEO Satya Nadella announced a collaboration with IndiaAI, a division of Digital India Corporation, to advance AI and emerging technologies in the country, and established AI Centre of Excellence and AI Productivity Labs to foster inclusive growth.
India.com
28-05-2025
- Business
- India.com
Microsoft Joins India's Yotta Data Services To Boost AI Innovation In Country
New Delhi: Microsoft and Yotta Data Services, India's leading sovereign cloud infrastructure and platform services provider, on Wednesday partnered to accelerate artificial intelligence (AI) adoption in India. The partnership enables Microsoft and Yotta to engage with IndiaAI Mission participants, government agencies, IITs, startups, enterprises, and software development companies to leapfrog AI innovation. Microsoft said it would bring its AzureAI services to Shakti Cloud, Yotta's AI cloud platform, to offer cutting-edge AI capabilities to developers, startups, enterprises, and public sector organisations across India. 'Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale. Microsoft is honoured to play its part in helping the country realise its AI ambitions through innovation that reflect India's unique needs and priorities,' said Puneet Chandok, President, Microsoft India and South Asia. India is already among the top global markets on AI adoption and return on investment. Together with Yotta, we will continue to help India become an AI-first nation, securely and responsibly, he added. As of May, IndiaAI Mission has received over 500 proposals for developing indigenous AI models. Shakti Cloud customers will benefit from a rich ecosystem and vast catalogue of foundational LLMs and SLMs available on Azure AI Foundry to develop, deploy and scale at the speed of AI. Built-in safety tools, content filters, groundedness detection, and copyright protection will empower organisations to build and scale AI responsibly. As a global provider of software, infrastructure, and cloud services, Microsoft runs on trust and enables trustworthy AI by prioritising security, privacy, and safety. 'This partnership is a key step forward towards India's AI self-reliance and digital transformation, and we are excited to be able to support Indian enterprises in their journey towards AI excellence with a full gamut of offerings,' said Sunil Gupta, Co-founder, CEO and Managing Director, Yotta Data Services. The combined strength of Microsoft's services backed by Yotta's infrastructure gives access to some of the best capabilities to support AI development in the country. 'It will make cutting-edge AI capabilities accessible for Indian enterprises of all sizes and give a huge boost to driving the nation's AI ambitions,' Gupta noted. In January this year, Microsoft chairman and CEO Satya Nadella announced a collaboration with IndiaAI, a division of Digital India Corporation, to advance AI and emerging technologies in the country, and established AI Centre of Excellence and AI Productivity Labs to foster inclusive growth.
