Market Chatter: Novo Nordisk Partners With AI Start-ups, Plans to Boost Headcount in India

MT Newswires Live10-11

Novo Nordisk (NVO) is planning to boost its operations in India by hiring more officials in the country while forging partnerships with local artificial intelligence start-ups, Reuters reported Friday, citing a company executive.

John Dawber, Novo Nordisk's managing director for global business services, told Reuters that the company will double the number of its global process leaders in India in the next three to four years and increase its workforce by 16% to 5,000 next year.

Dawber said Novo Nordisk has also partnered with 10 start-ups for the use of AI in data handling tasks such as summarizing documents, getting insights and checking for errors, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 119.15, Change: +1.62, Percent Change: +1.38

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