Tag: generative AI

Airtel, Google Cloud join hands to deploy GenAI solutions in India

Through this partnership, both companies are targeting the large and growing Indian public cloud services market, which, as per IDC, is expected to reach $17.8 billion by 2027.

May 13, 2024

India second-largest region for VC investments in Asia-Pacific: Report

Generative AI gained significant momentum as funding soared from $15 million to $250 million over 2022-23 globally.

March 14, 2024

OpenAI can’t register GPT as trademark, rules US patent office

As generative AI use surged last year, several AI companies added GPT to their product names.

February 17, 2024

62% of firms globally plan to rely on 3rd-party providers for gen AI solutions: Report

The report discovered that there is a significant awareness of gen AI and its applications across text (75 per cent), code (62 per cent), and image generation (52 per cent) capabilities.

February 16, 2024

1.14 lakh startups generate more than 12 lakh jobs in India: FinMin

The state-owned e-commerce platform Open Network for Digital Commerce (ONDC) clocked more than 63 lakh transactions till November 2023.

January 30, 2024

Over 1 in 4 firms ban GenAI over privacy, data security risks: Report

About 98 per cent said that external privacy certifications are an important factor in their buying decisions, the highest level in years.

January 29, 2024

GenAI spending from banks to reach $85 bn globally by 2030

Generative AI platforms learn patterns and structure from training data, and can create text, images and other media.

January 23, 2024

46 tech companies let go over 7,500 employees in first 2 week into NY

The global layoffs, which continued even in the holiday season late last year, are set to impact the Indian workforce once again.

January 14, 2024

Intel launches enterprise GenAI software firm with Arun Subramaniyan as CEO

Articul8 is an independent company offering enterprise customers a full-stack, vertically-optimised and secure GenAI software platform.

January 4, 2024

Over 4.25 lakh tech employees lose jobs, layoffs continue during holidays

Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have sacked employees, and layoffs continue to happen.

December 26, 2023