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Morocco Aims for $10 Billion AI Boost to GDP by 2030

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Morocco has set an ambitious target to add 100 billion dirhams—around $10 billion—to its gross domestic product through artificial intelligence by 2030, as part of a broader push to modernize its digital economy. Speaking at a conference in Rabat, Digital Transition Minister Amal El Fallah Seghrouchni outlined a strategy focused on infrastructure, talent development, and regulatory reform.

With current GDP estimated at roughly $170 billion, Morocco sees AI as a key growth lever. The plan centers on expanding domestic data-processing capacity through sovereign data centres, scaling up cloud services and fibre-optic networks, and embedding AI solutions across public administration and industry. According to the minister, these efforts are expected to generate 50,000 AI-related jobs and equip 200,000 graduates with AI skills by the end of the decade.

A core pillar of the strategy is investment in AI centres connected to universities and private-sector partners, designed to accelerate research, innovation, and commercial deployment. As part of this push, Morocco signed a partnership agreement with France-based Mistral AI to support the development of generative AI tools tailored to local needs.

The government is also preparing a legal framework to govern artificial intelligence, signaling an effort to balance innovation with oversight. For the near term, Morocco has earmarked 11 billion dirhams ($1.2 billion) for its digital transformation strategy covering 2024–2026, which includes AI initiatives and nationwide fibre-optic expansion.

Separately, Rabat plans to build a 500-megawatt data centre powered by renewable energy in Dakhla, aimed at strengthening data security and national digital sovereignty. Officials say the project underscores Morocco’s ambition to position itself as a regional hub for AI and data science in Africa.

India’s IT sector rebounds as clients boost spending on AI and automation projects

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India’s leading IT firms — Infosys, Wipro, and LTIMindtree — beat quarterly revenue forecasts on Thursday, signaling a turnaround in demand as global clients begin investing again, especially in artificial intelligence (AI) and automation projects.

The upbeat results follow a strong performance by Tata Consultancy Services (TCS) last week, raising optimism for India’s $283 billion IT industry, which had been struggling with weak discretionary spending and tariff-related uncertainty.

“We are benefiting from consolidation plays on automation and on using AI for efficiency,” said Infosys CEO Salil Parekh, highlighting “huge opportunities in enterprise AI.” Infosys now expects full-year revenue growth of 2–3%, narrowing its earlier forecast of 1–3%, supported by strong deal bookings.

Wipro CEO Srini Pallia noted a similar trend: “New demand that’s picking up is AI. Clients want to move away from proofs of concept to implementing AI across business processes and workflows.”

Analysts say the results mark a stabilization in the IT sector, with demand returning from industries such as banking and financial services. StoxBox analyst Sagar Shetty said the numbers show “a sector gradually regaining traction amid shifting client priorities toward AI and digital acceleration.”

Smaller rival LTIMindtree also exceeded revenue estimates, driven by strength in its banking portfolio, while analysts at Anand Rathi said “most Indian IT firms are showing green shoots,” indicating that the worst of the slowdown may have passed.

Chevron expands Bengaluru innovation hub to drive digital and AI transformation

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Chevron has expanded its Engineering and Innovation Excellence Center (ENGINE) in Bengaluru, opening a new 312,000-square-foot facility to boost its digital and AI capabilities. The move marks a major step in the U.S. energy giant’s global effort to streamline operations and leverage India’s deep technology talent pool.

The expansion comes a year after the launch of ENGINE, which consolidates Chevron’s global technical work and supports its target of up to $3 billion in cost savings by 2026. “We were a very decentralized organization until recently,” said Akshay Sahni, Chevron’s India country head. “We use AI to improve machine performance and drilling efficiency—it’s about smarter operations, not just cost cuts.”

Chevron’s focus on Bengaluru reflects the growing importance of India’s STEM and IT ecosystem in the energy transition. The center employs more than 1,000 professionals across disciplines such as mechanical, civil, and petroleum engineering, and plans to invest around $1 billion over the next few years in technology, infrastructure, and workforce development.

The facility features high-performance computing systems for real-time geological modeling and digital twins—virtual replicas of Chevron’s plants that enhance monitoring and maintenance.

Despite global workforce reductions of up to 20%, Chevron emphasized that its India operations are about innovation and future growth. “For now, our focus is on expanding Bengaluru and upskilling our people as technology evolves,” Sahni said.