IT services firm Tech Mahindra Friday said it will create new revenues while generating 1,000 new jobs in the United Kingdom (UK) in the Artificial Intelligence (AI) and data science domains.
The firm will collaborate with a leading academia and research institute in the UK to co-innovate at Tech Mahindra’s Makers Lab in Milton Keynes, as per a media statement.
The association with academia and research institute will further enable Tech Mahindra to pave way for job creation and build an ecosystem of interns and scholars to drive innovations in artificial intelligence (AI) and Data Science, the statement added.
The development comes on the back of UK Prime Minister Boris Johnson’s announcements regarding UK-India collaboration on AI during this visit to India.
“Trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries. I’m very pleased that Tech Mahindra has decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth,” said UK Prime Minister Boris Johnson.
“Innovations and applications of Artificial intelligence (AI) can significantly transform the productivity and create revenue streams for businesses in the UK,” said CP Gurnani, MD & CEO, Tech Mahindra. “We are also committed to investing in the local communities we operate in, and initiatives like these help increase the employability of future technologists in UK as well as globally.”
Tech Mahindra’s Makers Lab aims to bolster growth of AI in the UK and across more than 90 countries where it operates.
Makers Lab is focused on next-generation technologies such as AI, Machine Learning (ML), Robotics, Internet of Things (IoT), Augmented Reality/Virtual Reality, and 5G.