Here’s How Kyndryl Holdings (KD) is Strengthening its AI Market Reach

Kyndryl Holdings, Inc. (NYSE:KD) is one of the Tech Stocks to Buy with the Highest Upside Potential. The company has been strengthening its AI market reach with a series of investments lately. On August 21, Kyndryl Holdings, Inc. (NYSE:KD) announced its plan to invest $2.25 billion in India over the next three years.

Management noted that the focus is on modernizing technology infrastructure for major organizations in India. Notably, a key part of this investment will go towards establishing an AI Innovation Lab in Bengaluru, which will help develop future-ready talent and promote AI technology. The company aims to support India’s digital growth by enhancing skills for about 200,000 people through training programs and also plans to deepen collaboration with the Indian government on AI projects.

Earlier, on August 18, Kyndryl Holdings, Inc. (NYSE:KD) had announced signing the White House’s “Pledge to America’s Youth: Investing in Artificial Intelligence (AI) Education.” The pledge is part of a coalition of over 60 US organizations committed to investing in AI education for young Americans.

Kyndryl Holdings, Inc. (NYSE:KD) provides mission-critical technology services for enterprises in over 60 countries. They design, build, manage, and modernize complex IT systems.

While we acknowledge the potential of KD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.