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Infosys Has Trained 2.5 Lakh Employees On GenAI: Nilekani
Inc42
·
1y ago
Medial
Infosys chairman and co-founder, Nandan Nilekani, revealed that the company is currently developing 225 generative artificial intelligence programs for its clients. Infosys has also filed over 46 AI patents and 70 AI client advocacies in the fiscal year 2024. Nilekani highlighted that although the GenAI revolution is still in its early stages, enterprise AI will take time to fully unfold, unlike consumer-focused AI.
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Infosys chairman Nilekani says GenAI has enormous potential, plays down risks
Livemint
·
1y ago
Medial
Artificial intelligence (AI) technology known as Generative AI (GenAI) has the potential to significantly simplify human life and boost productivity, according to Nandan Nilekani, chairman of Indian IT giant Infosys. Nilekani played down concerns about AI causing human extinction, stating that people have come to understand the benefits of responsible exploration and advancement of GenAI. He also noted the difference between consumer AI, which focuses on enhancing usability and convenience, and enterprise AI, which presents challenges in data management and ensuring factual responses and insights. Infosys CEO Salil Parekh highlighted the company's GenAI projects, which cover various areas including software engineering, process optimization and customer support.
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A perfect storm of colliding trends is raging: Nandan Nilekani - The Economic Times
Economic Times
·
29d ago
Medial
Infosys chairman Nandan Nilekani highlighted global challenges such as tariff wars and energy transitions during the AGM. He emphasized the fragmentation of global markets and the need for supply chain diversification and AI adoption. Infosys is actively training employees in AI and developing numerous generative AI projects. Nilekani stressed the importance of addressing regulatory barriers and innovation in energy sectors. Furthermore, he reassured shareholders of Infosys’ stability and relevance amid these challenges.
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Enterprise AI to take several years to unfold, working on 225 Gen AI programme: Nilekani
YourStory
·
1y ago
Medial
Infosys chairman, Nandan Nilekani, stated during the company's annual general meeting that the adoption of artificial intelligence (AI) in enterprises will unfold gradually over multiple years. Nilekani highlighted Infosys' efforts in creating AI industry blueprints and developing generative AI programs for clients. He emphasized the need for responsible AI development and stated that Infosys is committed to implementing ethical practices. Nilekani also addressed shareholder concerns about the impact of AI on jobs and assured that the technology has the potential for business and societal advancement. Infosys CEO, Salil Parekh, discussed the company's plans for growth in various areas, including cloud services, data, and efficiency-driven deals.
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‘If Narayana Murthy asked me to...’: Nandan Nilekani recalls first encounter with Infosys founder | Company Business News
Livemint
·
7m ago
Medial
Fresh out of college, Nandan Nilekani met Narayana Murthy in 1978 at Patni Computer Systems, sparking a life-long professional bond. Nilekani, who later co-founded Infosys, was initially looking for direction in his career after missing his graduate school entrance exam. Charmed by Murthy's charisma, Nilekani joined Patni Computers and secured a place in the computing industry. This decision ultimately led to his involvement in the establishment of Infosys in 1981 and played a crucial role in India's IT revolution.
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India’s AI LLM path may lie in adaption, not building from scratch, suggests MeitY secretary S Krishnan
Money Control
·
8m ago
Medial
S. Krishnan, the Secretary of the Ministry of Electronics and Information Technology (MeitY), suggests that it may not be worth the effort to build a large language model (LLM) from scratch. Instead, he advocates for adapting existing LLMs to specific sectors. This approach aligns with India's strategy to leverage existing technologies rather than compete with global players in foundational LLM development. Krishnan's remarks echo similar sentiments from Infosys chairman Nandan Nilekani, who emphasized the importance of creating sector-focused models trained on locally relevant data.
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Gen AI takes centre stage at AGM of TCS and Infosys
Livemint
·
1y ago
Medial
Retail shareholders of Indian IT services companies, Infosys and TCS, expressed concern about the impact of generative artificial intelligence (GenAI) on the firms' businesses during their respective annual general meetings. Shareholders questioned the companies' leadership about the implementation of GenAI, its effect on employees, and the potential for partnerships with other IT firms. Retail shareholders, who own a significant portion of the companies' shares, are worried about any negative impact on their dividends and income. Both companies, however, have not provided specific metrics regarding revenue or dealings in the GenAI space.
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AI to amplify India's Digital Public Infrastructure and boost inclusion, says Nandan Nilekani
YourStory
·
9m ago
Medial
Artificial intelligence (AI) has the potential to enhance India's Digital Public Infrastructure (DPI) and promote inclusivity in the country, according to Nandan Nilekani, non-executive chairman of Infosys. Speaking at the Build with AI Summit, Nilekani emphasized that AI will strengthen and accelerate the existing infrastructure, enabling greater inclusion. He highlighted the impact of AI on agriculture and education, illustrating how it can revolutionize access to information and learning. Nilekani also discussed the importance of leveraging India's digital infrastructure to advance AI technologies and promote inclusion at scale.
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Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil Parekh
YourStory
·
11m ago
Medial
Infosys CEO, Salil Parekh, revealed that there is strong interest from clients in generative AI (GenAI) and that the company is heavily focusing on its adoption. He compared the adoption of GenAI to the previous adoption curves of digital and cloud technologies, stating that as enterprises experience the benefits and outcomes of GenAI, its adoption will increase over time. Parekh also emphasized that Infosys does not foresee any layoffs associated with these technologies and that GenAI is expected to drive business growth.
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Infosys cofounder Nandan Nilekani on AI commoditisation, data, and the rise of Indian startups
Economic Times
·
4m ago
Medial
Infosys cofounder Nandan Nilekani emphasized the commoditization of AI models, suggesting the real challenge lies in applying AI to create value. He praised China's cost-effective, open AI model-building approach and noted that quality data, like AI4Bharat’s Indian language data, is crucial for progress. Nilekani highlighted India's startup boom, with numbers rising from 1,000 in 2016 to 150,000, powered by innovative use and increased capital. Rohini Nilekani stressed equal public and private AI infrastructure.
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NR Narayana Murthy: NR Narayana Murthy’s big regret is refusing wife from joining Infosys
Startup News FYI
·
1y ago
Medial
Infosys co-founder NR Narayana Murthy expresses regret over not allowing his wife Sudha Murty to join the IT giant he helped establish. In an interview, Murthy admits to being "wrongly idealistic" and acknowledges Sudha Murty's qualifications, stating she was just as skilled as the other engineers who co-founded Infosys. He also reveals that his son Rohan Murty is stricter than him and has no plans to join Infosys. Murthy emphasizes that he is a shareholder and has had no involvement in Infosys since 2017 when Nandan Nilekani took over.
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