Kyndryl ($KD) announced plans to invest $2.25 billion in India over the next three years, including the creation of an AI innovation lab in Bengaluru, expanded engagement with the government, and large-scale digital training initiatives.
Key facts:
- Investment total: $2.25 billion over three years.
- New AI innovation lab to be established in Bengaluru.
- Plans to support digital training for ~200,000 citizens.
- Focus areas include IT talent development and AI partnerships with the Indian government.
- Kyndryl CEO Martin Schroeter highlighted commitments to technical growth and community partnerships.
Relevant Companies
- Kyndryl ($KD): Directly impacted by India expansion, AI investment, and workforce development initiatives.
- IBM ($IBM): Former parent company with ongoing competitive and collaborative interests in IT services.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
