+
Premji Family Office Boosts AI Investment
ECONOMY & POLICY

Premji Family Office Boosts AI Investment

Premji Family Office, the investment arm of Indian billionaire Azim Premji's family, is ramping up its commitment to Artificial Intelligence (AI) with plans to inject more funds into the sector. According to recent reports, the family office intends to channel additional capital into AI ventures as part of its strategy to propel a $10 billion fund aimed at supporting technological innovations.

This move underscores the growing importance of AI in shaping the future of various industries and reflects the Premji family's forward-thinking approach to investment. By allocating more resources to AI, the family office aims to tap into the immense potential of this disruptive technology to drive growth and generate substantial returns.

The decision to bolster AI investments aligns with the broader trend of increased interest and investment in cutting-edge technologies worldwide. As AI continues to permeate diverse sectors such as healthcare, finance, retail, and beyond, investors are increasingly recognising its transformative power and the lucrative opportunities it presents.

With its vast resources and deep expertise in the business landscape, the Premji family office is well-positioned to identify promising AI startups and provide them with the necessary funding and support to scale their operations. This proactive approach not only benefits the startups by enabling them to accelerate their growth but also allows the family office to diversify its investment portfolio and capture value in high-growth areas.

Premji Family Office, the investment arm of Indian billionaire Azim Premji's family, is ramping up its commitment to Artificial Intelligence (AI) with plans to inject more funds into the sector. According to recent reports, the family office intends to channel additional capital into AI ventures as part of its strategy to propel a $10 billion fund aimed at supporting technological innovations. This move underscores the growing importance of AI in shaping the future of various industries and reflects the Premji family's forward-thinking approach to investment. By allocating more resources to AI, the family office aims to tap into the immense potential of this disruptive technology to drive growth and generate substantial returns. The decision to bolster AI investments aligns with the broader trend of increased interest and investment in cutting-edge technologies worldwide. As AI continues to permeate diverse sectors such as healthcare, finance, retail, and beyond, investors are increasingly recognising its transformative power and the lucrative opportunities it presents. With its vast resources and deep expertise in the business landscape, the Premji family office is well-positioned to identify promising AI startups and provide them with the necessary funding and support to scale their operations. This proactive approach not only benefits the startups by enabling them to accelerate their growth but also allows the family office to diversify its investment portfolio and capture value in high-growth areas.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?