This paper presents a hybrid control strategy for an induction motor (IM) organized into two nested loops. In the outer loop, an adaptive artificial neural network-based proportional-integral-derivative (ANN-PID) controller is used for speed control. The ANN-PID is divided into two stages: the first stage includes an adaptive ANN speed estimator, and the second stage includes an adaptation algorithm that fine-tunes both the weights and biases of the ANN estimator and the parameters of the PID controller. In the internal loop, a predictive current controller is used to control IM currents using neural networks. Specifically, the neural predictive controller (NPC) approaches the control problem by presenting it as an optimization problem using a neural predictor for IM currents. The considered objective function includes two elements: the current tracking error and the electromagnetic torque ripple. This function is computed over a given time horizon informed by predictions of IM currents. The particle swarm optimization (PSO) algorithm is applied to determine the optimal solution for this optimization task. The effectiveness of the hybrid control scheme is demonstrated by simulation results obtained using Matlab/Simulink, highlighting its superiority over conventional control methods. The proposed hybrid control is characterized by a reduction in torque ripple and overshoot, while also showing robustness to variations in load, rotor resistance, and rotor inductance. Comparisons with an ANN controller and a fuzzy PI controller further demonstrate the superior performance of the hybrid controller in handling nonlinear dynamics and maintaining control accuracy under various operating scenarios.