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News on Medial
India highest among countries to have actively deployed AI: IBM research
Economic Times
·
1y ago
Medial
According to a study conducted by IBM, 59% of large organizations in India actively use artificial intelligence (AI) in their businesses. The report also highlighted that 74% of these enterprises have increased their investments in AI in the last two years, especially in areas like research and development and workforce reskilling. However, challenges such as finding employees with the right skills and ethical concerns still hinder widespread AI adoption. The study also emphasized the importance of data and AI governance tools in building responsible and trustworthy AI models.
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Related News
IBM deploys first quantum computer outside the US. Why it matters.
Livemint
·
1m ago
Medial
IBM has deployed its first quantum computing system outside the U.S., installing an IBM Quantum System Two in a Japanese research center. This marks a significant milestone for IBM, highlighting how the dissemination of quantum computing technology is expanding globally. IBM’s strategic adjustments over the years have positioned it as a leader in the quantum computing field, exemplified by its development of the Heron processor, the company’s most advanced quantum chip to date.
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IBM renews collaboration with IIT Bombay and IISc to drive hybrid cloud & AI innovation
Economic Times
·
1y ago
Medial
IIT Bombay joined the IBM AI Horizon Network in 2018 to advance AI research in India, and in 2021, IBM and IISc Bangalore launched the IBM-IISc Hybrid Cloud lab to advance research in hybrid cloud technologies and drive breakthrough innovations in this area.
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India's average cost of data breach rises 13% to Rs 22 crore: IBM report - The Economic Times
Economic Times
·
1d ago
Medial
A recent IBM report indicates that India's average cost of data breaches reached Rs 22 crore in 2025, a 13% rise from the previous year, making it the highest globally. Phishing is the top attack method, while AI security governance is lagging. The research sector suffered the biggest financial impact. Despite AI's widespread adoption, nearly 60% of affected organizations lack a robust AI governance policy, prioritizing immediate implementation over security.
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LTIMindtree, IBM Join Hands To Build GenAI Centre For India
Inc42
·
1y ago
Medial
Technology consulting and digital solutions company LTIMindtree has partnered with IBM to establish a joint Generative AI Centre of Excellence in India. The centre aims to provide a comprehensive range of services by combining LTIMindtree's expertise in data, machine learning customisation, and engineering with IBM's WatsonX technology suite. It will focus on developing tailored solutions to accelerate the adoption of GenAI technologies for clients. The collaboration will offer services such as WatsonX.Governance for regulatory compliance, WatsonX.Data for enhanced data warehouse capabilities, and WatsonX.AI for training and deploying AI models. IBM has been actively promoting AI adoption in India and has collaborated with the Ministry of Electronics and Information Technology.
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India teams power our global AI ambitions, says IBM Research AI head
Livemint
·
10m ago
Medial
IBM's India research teams are playing a vital role in developing the company's Watsonx Code Assistant, focusing on AI-driven code modernization. The teams are also leading the development of Watsonx Orchestrate and Watsonx.data. IBM has installed Watsonx on the Centre for Development of Advanced Computing's GPU infrastructure. The company is collaborating with L&T Semiconductor Technologies to foster innovation in semiconductor solutions. IBM is adopting three key AI elements: the Granite series, the InstructLab open-source project, and the Watsonx platform. The company is advocating for an open approach to AI models and has launched the AI Alliance. Several Indian companies have joined the movement.
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APAC businesses to nearly triple spends on GenAI in 2024: Infosys Research
Economic Times
·
1y ago
Medial
According to Infosys Research, businesses in the Asia Pacific (APAC) region are projected to nearly triple their spending on generative AI (GenAI) to reach USD 3.4 billion by 2024. This represents a 140% increase, with China leading the way in investment growth, followed closely by Australia and New Zealand. However, APAC companies are more cautious about the impact of GenAI on their reputation and have concerns about responsible AI practices. Despite these obstacles, APAC's adoption and growth in GenAI are among the highest globally.
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Here are nations at the forefront of GenAI innovation
Economic Times
·
1y ago
Medial
Several countries, including China, Singapore, South Korea, UAE, and India, are actively contributing to the development of generative AI large language models (LLMs). Chinese organizations have released 28 LLMs, while Singapore has launched SEA-LION LLMs tailored for the Southeast Asian region. South Korea introduced HyperCLOVA X and Solar LLM, while the UAE unveiled Falcon 180B and Jais. Notably, India witnessed the launch of BharatGPT, OpenHathi-Hi-0.1, and Krutrim LLMs, developed by companies like Corover.ai, Sarvam AI, Ola, and Tech Mahindra. Japan's Rakuten and France's Mistral have also entered the LLM race.
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Countries need to build sovereign AI capabilities: IBM CEO Arvind Krishna
Economic Times
·
1y ago
Medial
IBM CEO Arvind Krishna emphasized the need for countries to develop their own capabilities in large language models and computing infrastructure to support sovereign AI capabilities. He suggested that governments invest in this area, which could cost millions rather than billions, to enable countries to have AI capabilities for specific domestic use cases or to maintain strategic advantage. He highlighted the importance of national AI computing centers and common data sets for specific applications. Krishna also discussed IBM's positioning in the AI market, stating that the company is building domain-specific AI models for monetization and expects AI to be a positive opportunity for India's tech industry and workforce.
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IBM to launch GenAI Innovation Center in Kochi
YourStory
·
1y ago
Medial
IBM has launched its GenAI Innovation Center in Kochi, India, aimed at supporting enterprises, startups, and partners in building generative AI technology. The center will provide access to IBM experts and technologies to help organizations build and scale enterprise-grade AI solutions. Built on the InstructLab, a technology developed by IBM and Red Hat, the center will leverage AI and data platforms to address societal and business challenges such as sustainability, healthcare, education, and inclusion. It will be managed by IBM's technical experts and located within the IBM India Software Lab in Kochi.
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Tech giant IBM launches $500M enterprise AI venture fund
IndianStartupNews
·
1y ago
Medial
IBM has launched a new $500 million venture fund to invest in AI enterprises focused on generative AI technology and research for enterprise applications. The fund aims to nurture AI leaders who can help businesses harness the power of AI, and partnerships with IBM will provide startups with operational insights. IBM's AI and data platform, watsonx, will play a crucial role in capitalizing on AI innovations, particularly in generative AI. The company has previously invested in AI-focused companies such as Hugging Face and HiddenLayer.
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