Ericsson raises investments in artificial intelligence, to ramp up hiring

Swedish telecom gear maker Ericsson is increasing investments in artificial intelligence (AI) in India, along with Sweden and the United States, to boost its managed services business. It is also aggressively hiring engineers to support its AI and automation efforts in the country.

“We have a lot of developments happening in India, and we are now betting on three centres – Silicon Valley, Sweden and India – worldwide, what we call the global AI accelerators. It is super important for us that we increase AI investments, and we are doubling down on India, Sweden and Silicon Valley,” Peter Laurin, head of managed services at Ericsson, told ET.

The company is hiring engineers globally for its AI accelerators, including 150 engineers in Bengaluru.


“India is a great hub for us. We would like to attract more talent in AI, automation and data science… we want to attract the best of the best in India. So, it will be a forward-leaning Ericsson in universities and other places to really attract the best,” said Laurin.