⚡️🤖 Porsche Inks $1.5 Billion AI Deal With India’s Tata Consultancy
Porsche AG partnered with Tata Consultancy Services Ltd. for deploying AI in a 1.25 billion euros ($1.5 billion) deal, while agreeing to sell its consulting unit to the Indian software services company.
The five-year partnership aims to enable AI across Porsche’s engineering, manufacturing, operations and customer experience functions. The Indian firm will also buy the sports carmaker’s Germany-based consulting unit MHP Management- und IT-Beratung GmbH for an enterprise value of 320 million euros under the broader deal.
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Porsche AG partnered with Tata Consultancy Services Ltd. for deploying AI in a 1.25 billion euros ($1.5 billion) deal, while agreeing to sell its consulting unit to the Indian software services company.
The five-year partnership aims to enable AI across Porsche’s engineering, manufacturing, operations and customer experience functions. The Indian firm will also buy the sports carmaker’s Germany-based consulting unit MHP Management- und IT-Beratung GmbH for an enterprise value of 320 million euros under the broader deal.
#BRICS
@QSIMedia