Mphasis Partners with ISB to Launch ₹20 Cr AI Hub for Healthcare & Finance

Mphasis has announced a strategic collaboration with the Indian School of Business (ISB) to establish the 'Mphasis AI Hub', backed by a ₹20 crore investment from the Mphasis F1 Foundation over four years. Key Focus Areas: Sectors: Initial focus on healthcare and finance to develop applied, responsible AI solutions. Objectives: Interdisciplinary research on AI impact in live environments Development of AI learning resources and digital literacy programs Policy insights and knowledge-sharing via repositories and annual convenings Frameworks to assess long-term business value and sustainability of AI deployments Strategic Significance: Academia-Industry Bridge: Combines ISB's research rigor with Mphasis' technological execution to address real-world enterprise challenges. Responsible AI Leadership: Positions the hub as a thought platform for ethical AI adoption, aligning with global ESG and governance expectations. Talent & Innovation Pipeline: Supports faculty-led pedagogical innovation and creates a talent funnel for AI-ready professionals. Outlook: The hub's initial focus on healthcare and finance — two high-impact, data-rich sectors — offers scalable use cases for responsible AI. Success could enable expansion into other domains like manufacturing, logistics, or public policy.