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Tag: Barnes & Noble

  • India’s AI ambitions hit the high note with Microsoft scholarship surge

    India’s AI ambitions hit the high note with Microsoft scholarship surge

    MUMBAI: India isn’t just coding the future, it’s rewriting it, line by line, in AI. The country has emerged as one of the top applicant nations for the 1 million dollars Microsoft AI Innovator Global Scholarships, a landmark initiative by Women in Cloud, launched alongside Opulis: Women Powering Microsoft’s Trillion-Dollar Shift.

    The collector’s edition coffee table book endorsed by Microsoft and the Microsoft Alumni Network celebrates 50 women tech leaders who have helped steer the company through its transformation into the AI era. But this is more than just glossy pages and golden stories; Opulis doubles up as a career catalyst through its Book-to-Scholarship Model, where every purchase unlocks real AI learning opportunities for aspiring professionals.

    Since its launch, the scholarship programme has drawn over 700 applications from 20-plus countries, including Brazil, the US, Nigeria, India, Australia, South Africa, Canada, Kenya, and Egypt. India’s strong showing underscores its growing momentum in AI skilling particularly among young professionals and women technologists eyeing the global digital workforce.

    “We’re ensuring that access to AI careers and education isn’t limited to a few, it belongs to everyone, especially women ready to lead India’s digital future,” said Opulis president of women in cloud and executive producer Chaitra Vedullapalli. “Electricity unlocked the industrial revolution, and AI is unlocking quantum progress.”

    Through 1,000 Opulis book pre-orders worldwide, Women in Cloud has already unlocked 100 Microsoft AI Certification Scholarships offering learners world-class credentials that can power careers worth Rs 55–60 lakh per annum. The move is projected to create over Rs 60 crore in new economic value annually, translating to about 7 million dollars in wages and an estimated 21 million dollars total economic impact.

    The ultimate goal? To ignite 1,000 AI careers by 2030, powered by book sponsorships, corporate grants, and community support proof that storytelling and access can together spark large-scale economic mobility.

    Marking Microsoft’s 50th anniversary, Opulis also spotlights five Indian-origin women leaders shaping the company’s AI journey: Chaitra Vedullapalli, Monika Mital Gupta, Aparana Gupta, Sharmila Rathinam, and Nitasha Chopra. Among them, Aparana Gupta, based in India, leads as Director of Engineering and Principal Software Engineering Manager at Microsoft embodying the homegrown excellence the programme seeks to inspire.

    Available in hardcover and digital editions across Amazon, Barnes & Noble, and over 4,000 global retailers, Opulis carries a unique promise: every 10 books sold funds one AI Innovator Scholarship, creating a virtuous loop of knowledge, opportunity, and empowerment.

    In the end, Opulis isn’t just chronicling women who powered Microsoft’s trillion-dollar shift, it’s scripting a new chapter where Indian women and technologists worldwide can claim their seat at the AI table. And this time, they’re not just participating in the revolution, they’re training it.

  • Pearson to invest $89.5 million in online book store Nook Media

    Pearson to invest $89.5 million in online book store Nook Media

    MUMBAI: Pearson, the world‘s leading learning company, has agreed to make a strategic investment in Barnes & Noble subsidiary Nook Media, the leading retailer of content, digital media and educational products.

    Pearson has agreed to invest $89.5 million in cash in Nook Media at a post-money valuation of approximately $1.789 billion in exchange for preferred membership interests representing 5 per cent equity stake.

    Following the closing of the transaction, Barnes & Noble will now own approximately 78.2 per cent of the Nook Media subsidiary and Microsoft, which also holds preferred membership interests, will own approximately 16.8 per cent.

    Subject to certain conditions, Pearson will earn the option to purchase up to an additional five per cent ownership in Nook Media.
    Pearson‘s strategic investment in Nook Media will accelerate customer access to digital content by pairing its leading expertise in online learning with Nook Media‘s expertise in online distribution and customer service. This will facilitate improved discovery of available digital content and services, as well as seamless access.

    "We formed Nook Media to be a leader in the exploding market for digital content. Pearson is a forward thinking company similarly focused on reading and learning, with powerful assets and a terrific management team. We welcome their partnership in Nook Media, and look forward to working with them and Microsoft to deliver great digital experiences for our shared customers," said Barnes & Noble CEO William Lynch.

    Pearson North America CEO Will Ethridge said, "With this investment we have entered into a commercial agreement with Nook Media that will allow our two companies to work closely together in order to create a more seamless and effective experience for students. It is another example of our strategy of making our content and services broadly available to students and faculty through a wide range of distribution partners."