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Tag: AI (page 1 of 20)

Accenture acquires cloud analytics firm Core Compete

Accenture has acquired Core Compete, a North Carolina- based cloud analytics services firm, for an undisclosed amount. This is Accenture’s eighth applied intelligence-focused acquisition in the past two years. Core Compete’s 260 professionals, post-acquisition, will join Accenture’s Applied Intelligence practice. It has offices in the UK and India and helps enterprises in digital transformations, cloud-native solutions that deliver AI and ML-infused business outcomes.

Haryana startups relook operations over job reservation law: NASSCOM

60% of Haryana-based start-ups may not invest in the state following the law which stipulates 75% job reservation for locals with a monthly salary of up to Rs 50,000 in the private sector. Nasscom, in a survey, said that the law which comes into effect from May 1, is going to hit hard to start-ups as 67.3% of their workforce earn below Rs 50,000 per month. Besides, startups involved in deeptech, edtech need high-end AI and ML skill resources, which is hard to find locally.

Google AI research manager Samy Bengio quits after two ousted female colleagues

Samy Bengio, head of the internet giant’s AI ethics group until the controversy broke which led to the departure of two female leaders, resigned on Tuesday. Bengio announced his exit in an email to the colleagues. His last working day will be April 28. Bengio joined Google in 2007 and is an expert in a type of AI known as machine learning. It may be recalled that Timnit Gebru and Margaret Mitchell, the ousted Ethical AI co-leads, had reported to Bengio.

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This is how GlobalLogic is using AI to cut talent acquisition time drastically

V. Padmanabhan, VP – Engineering, GlobalLogic led team has created AI and ML tools to look for candidates certifications, present and past companies, their research papers to create a summary of thousands of resume just through systems. A team of 10 professionals took at least a few weeks to look at 1000 resumes, do talent identification for fitment into the roles. In the new automated system, the efforts have come down to a day or two.

Arm releases new chip tech; aims to overtake data centers 

Arm released a new technology with the aim to take over data centers and AI apps ahead of its $40 bn merger with Nvidia. The new version released, redefines the fundamental recipe for a chip that decides the kind software it can run. Arm, which makes major updates to the architecture only once in 10 years, competes with Intel and Advanced Micro Devices. The new architecture, which the firm named “V9,” takes on Intel in two areas — Security and AI.

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AI to play a major role in India’s agriculture growth: Nasscom EY report

AI has the potential to play a major role in the transformation of India’s agriculture sector from today’s stressful conditions and accelerating a shift towards data-driven farming, said a Nasscom-Ernst & Young report. ” The Netherlands is a stellar example of effective AI adoption in agriculture. With just a small arable land the country has become the world’s 2nd largest exporter of agricultural products by value leveraging tech and AI,” said Debjani Ghosh, president, Nasscom.

AI, Data analytics will drive over 75% of investment decisions by 2025: Gartner

A Gartner report said that over 2/3 of early-stage investment decisions will be driven by AI and data analytics by 2025. The report said that investors, equipped with AI and data analytics, will be a common sight in the next 4-5 years. AI and data-driven models will help the investors in identifying the viability, strategy and potential result of the investment, based on the trends of past investments, revenue growth, market penetration, etc.

Eros Now to use Google’s AI tech to generate automated subtitles

Eros Now has partnered with Google to use its Cloud’s AI tech to stream its movies and originals with automated subtitles. The company said, with AI frameworks and pre-existing data, it can generate subtitles in desired languages. Ali Hussein, CEO, Eros Now said that customized subtitles will allow Eros Now to target a wider audience and drive engagement across Eros Now’s rich consumers.