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Technology companies across segments have committed to investing Rs 25,640 crore in Madhya Pradesh that will lead to creation of over 1.83 lakh employment opportunities in the state, an official statement said on Tuesday. The commitments were received from 35 entities during the IT and Technology Summit at GIS 2025. "The state secured a total investment of Rs 25,640 crore across various technology sectors, creating approximately 1,83,400 employment opportunities," the statement issued by the Madhya Pradesh government said. Major investment commitments of Rs 12,350 crore have come in the space of electronics manufacturing from eight entities with promise to generate employment for 14,000 people. With investment of Rs 5,500 crore, IT and ITes entities have promised to be the biggest job generator in the state with 93,000 employment opportunities, followed by GCC (global capability centres) investment of Rs 700 crore that will create 40,500 jobs in the state. "Madhya Pradesh stands a
Sebastian Thrun, founder of Google X (Google's research arm), on Thursday emphasised the need for responsible AI regulation, assuring that the technology will complement rather than replace human workers. Speaking during a thought-provoking session titled "Pioneering AI: From Imagination to Real-World Impact" at the Global Investors' Meet, he discussed the evolving role of AI and its impact on regulation and job markets. Thrun addressed the issue of AI regulation, acknowledging its importance but cautioning against overregulation that could stifle innovation. "Regulation is necessary, but it must not hinder research," he said. "It's not right to control a technology before it has even had the chance to develop. Proper regulation should only step in when there's misuse," he added. He highlighted that countries like China and the European Union are already regulating AI, whereas India has yet to establish formal measures, he said. "Indian CEOs are incredibly tech-savvy and visionar
IT company Ahead has launched its new office in Hyderabad, where it plans to onboard 500 people by 2025, the company said on Thursday. It has already set up a delivery office in Gurugram last year, where it has 400 employees. "We are thrilled to announce our expansion into Hyderabad, a city renowned for its dynamic tech ecosystem and exceptional talent pool. "The talent pool located in Hyderabad complements our existing talent base in North India, enabling AHEAD to better meet client needs, especially on larger services engagements," Ahead India, Vice President and Managing Director Praveen Grover said in a statement. The company plans to increase its headcount to 750 this year and complete the hiring of 500 employees in Hyderabad by the end of 2025, Grover said. "By the end of next year, Ahead aims to hire over 500 employees in Hyderabad, leveraging the city's rich pool of skilled professionals and its growing reputation as India's premier IT hub. This strategic move is part of .