📺 Stream EntrepreneurTV for Free 📺

We Won't Go Back to AI Winter, as Long as We Don't Hype It: Microsoft CEO Flipkart has chosen Microsoft's Azure as the exclusive public cloud provider.

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Microsoft Website

Microsoft Corp CEO Satya Nadella kick started his three day India visit in Bengaluru on Monday. In a fire-side chat with Nandan Nilekani, the torch bearer of Unique Identification Authority of India, Nadella discussed the prospects of new technology for the Indian ecosystem.

Lauding the Aadhar initiative, Nadella appreciated the concept of using data as a resource to leverage the status of common man. "India's digitalisation story is amazing, comparable with any other internet growth story," he added. His statement was very much in sync with Indian industrial magnate Mukesh Ambani's thoughts on data being the new resource.

Data if used for individual development can lead to empowerment of every citizen of India, Nandan said. "Indians will be data rich before they are economically rich says," Nandan said.

AI Winter Unlikely!

Nadella, who is set to hear out 200 startup pitches, said that the entrepreneurial energy in India is tremendous and for Microsoft entrepreneurial energy is all around our cloud. India has amazing entrepreneurial energy. Over 2,000 have used Microsoft Cloud over the last 12 months, Indian born Nadella said.

Nadella, expressed about his excitement about augmented reality and all and said it's mostly about the progress made by neural networks. "Also, as long as we don't hype it, we won't go back to AI winter," he said. Nadella also said that as country we have to be mindful of impact of AI on jobs and that the technology will aid innovative startups in health and education to do more.

Microsoft and Bansals partner!

Joining Nandan and Nadella on stage was Flipkart's Binny Bansal, who also announced that the Indian e-commerce giant has chosen Microsoft's Azure as the exclusive public cloud provider.

Bansal said that the combined strength of both the companies will help improve customer experience in India. Adding to Bansal's announcement, Nadella said, "At Microsoft, we aim to empower every Indian and every Indian organization with technology and key to this is forging strategic partnerships with innovative companies like Flipkart."

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Devices

Gear up for Summer Camping with $22 Off This Power Bank Flashlight

Planning weekends outdoors this summer? Don't do it without this light.

Business News

Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'

Musk shared the secrets on a podcast with Nicolai Tangen, CEO of the $1.6 trillion Norges Bank.

Devices

Stay Locked In and Accessible with These Open-Ear Headphones, Marked Down $40

These open-ear Bluetooth headphones sit on top of the ear, and are available for the best price online.

Business News

'My Mouth Dropped': Woman Goes Viral For Sharing Hilarious Cake Decorating Mishap at Walmart

Peyton Chimack has received over 703,000 views on her TikTok post of her birthday cake.

Business News

Jeff Bezos and Amazon Execs Used An Encrypted Messaging App to Talk About 'Sensitive Business Matters,' FTC Alleges

The FTC's filing claims Bezos and other execs used a disappearing message feature even after Amazon knew it was being investigated.