Tech Mahindra to Invest $100 million on AI and Blockchain technology

[Jeffery Musk]

Tech Mahindra is the 5th most extensive IT service in India outlines to invest $100 million in setting up the AI and Blockchain excellence unit in Toronto, Canada.

Know More: Coinpedia

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[lordquanta]

Investment in blockchain oriented solution has huge potential market. It has next to nothing effect on the bitcoin though.

[cryptomoon1002]

It is a good thing for company and the country...

But does anyone knows what are they doing in AI and blockchain ?

[SixOfFive]

AI and Blockchain both ave huge potential to grow in future. Tech Mahindra has rightly understood the potential of both tech and their future scope. Their Investment will not go in vein and will get back with huge return and help them to capture market capital in future.

[RameshSekar111]

Awesome, 100 million investment will remove FUD from comman man's mind.nowadays banks are robbing us. Hope government understand benefits and take optimization steps for blockchain and cryptocurrency.

[reliable]

Awesome, 100 million investment will remove FUD from comman man's mind.nowadays banks are robbing us. Hope government understand benefits and take optimization steps for blockchain and cryptocurrency.

This is really good news for Indian as even Indian business are looking to make the most of this technology use and this will encourage the government to change their mind if they are planning to ban the crypto or technology related to it.

[sreecanvas]

This is really good news for Indian as even Indian business are looking to make the most of this technology use.Tech Mahindra has rightly understood the potential of both tech and their future scope.AI and Blockchain both have huge potential to grow in future.100 million investment will not go in vein and will get back with huge return and help them to capture market capital in future.

[Pattberry]

This is really good news for Indian as even Indian business are looking to make the most of this technology use.Tech Mahindra has rightly understood the potential of both tech and their future scope.AI and Blockchain both have huge potential to grow in future.100 million investment will not go in vein and will get back with huge return and help them to capture market capital in future.

They are opening the unit in Toronto Canada and what makes you think that it is a good thing for Indian businesses, if they are investing inside the country it could benefit many people, especially students who are interested to learn about it, they are working on AI and block chain and it is the future but it is just a corporate deal and even if they develop a new system you will have to pay to use them, that is what corporate do.

[redpillorblue]

I have personally worked with the company as a consultant on a 'cutting edge' product they were trying to deliver to an existing Fortune 100 client.

The company involves in alot of marketing gimmicks and is commissioned to stay 'innovative' by its own clients, since they have R&D budgets they don't know where to exhaust.

I would take such news by Tech Mahindra with a pinch of salt for sure.

[wandino]

Good news.Tech Mahindra has rightly understood the potential of both tech and their future scope.AI and Blockchain both have huge potential to grow in future and will get back huge return and help them to capture market capital in future.