In a groundbreaking move, the Adani Group, spearheaded by Gautam Adani, has joined forces with a unit of UAE’s International Holding Co. (IHC) to delve into the realms of artificial intelligence (AI) and cutting-edge technologies. Meanwhile, the collaboration marks a strategic partnership between the Indian conglomerate and its Middle-Eastern backers, reinforcing the deepening ties between the two entities.
Notably, Adani Global Ltd. and IHC’s Sirius International Holding Ltd. will collectively own Sirius Digitech International Ltd., a pioneering venture based in Abu Dhabi, focusing not only on AI but also exploring the Internet of Things (IoT) and blockchain technologies.
Adani Group Partners IHC With AI In Focus
Adani Global, a wholly owned subsidiary of Adani Enterprises Ltd., will hold a 49% stake, with Sirius International Holding claiming the majority at 51%. This collaborative entity is poised to take on the vast landscape of digitization opportunities in India, estimated at
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