New Delhi, April 23 -- Former Tech Mahindra CEO CP Gurnani and IndiGo's group managing director Rahul Bhatia on Tuesday launched a joint venture that will offer AI services, including generative AI, to clients in the travel, transportation, logistics and hospitality (TTLH) industry.

While the exact investment ratio was not disclosed, the new firm, Aionos, is majority-owned by IndiGo's parent firm, InterGlobe Enterprises. The announcement comes at a time software firms have been claiming a growing revenue from their artificial intelligence operations.

"We're plagued by several issues (in the aviation industry), and we need change in how we deal with data and internal systems. It's ironic that aircraft are at the cutting edge of technolog...