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News on Medial
Microsoft says will help 2 million Indians in small cities learn AI skills
Economic Times
·
1y ago
Medial
Microsoft CEO Satya Nadella has announced that the company plans to provide AI skilling opportunities to 2 million people in India by 2025. The focus will be on training individuals in tier-2 and tier-3 cities, as well as rural areas, to promote inclusive socio-economic progress. Nadella also emphasized the need for cooperation between India and the US regarding AI norms and regulations, and expressed hope for the equal distribution of economic growth through the global diffusion of AI.
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Google is bringing Gemini access to teens using their school accounts
TechCrunch
·
1y ago
Medial
Google is extending its AI technology, Gemini, to teen students. Previously available only to those using personal accounts, Google will now offer Gemini to students who use their school accounts. The platform aims to help prepare teens for a future where generative AI is prominent. Gemini provides real-time feedback to help students learn more confidently. Google assures that it will not use data from student chats to improve its AI models. It has also implemented measures to prevent inappropriate responses and is promoting information literacy and critical thinking skills. Additionally, Google is launching global access to its Read Along in Classroom feature, which supports reading skills.
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Microsoft plans to train 2M Indians in AI, says Nadella | TechCrunch
TechCrunch
·
1y ago
Medial
Microsoft's CEO Satya Nadella highlighted the company's leading position in AI while speaking at an event in Mumbai, stating that even with the buzz surrounding GPT-3, their current AI model is still the best. Nadella urged businesses in India to embrace AI to boost productivity and not fall behind. He also announced that Microsoft will provide AI skilling opportunities to 2 million people in smaller Indian cities and towns. He praised India's growing talent base for AI developers and highlighted unique use cases, such as Karya, an ethical data company focused on training AI models and creating opportunities in rural areas.
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Slogans aren't enough, we need to skill Indians more, says Bajaj
Livemint
·
1y ago
Medial
Rajiv Bajaj, the Managing Director of Bajaj Auto, stressed the importance of focusing on skilling Indians to enhance employability rather than relying on empty slogans. He criticized popular initiatives like "Make in India" and "Atmanirbhar" for not having a meaningful impact. Bajaj emphasized the need for action and skills to bring about real change. The Bajaj group announced a commitment of ₹5,000 crore towards various CSR initiatives, particularly focused on skill development, with a goal of skilling 20 million Indians. This initiative aims to consolidate the group's diverse social impact programs under the identity of "Bajaj Beyond."
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Who is Mustafa Suleyman? Oxford dropout and new Microsoft AI CEO
Livemint
·
1y ago
Medial
Microsoft has established a new AI unit, which will be led by Mustafa Suleyman, former CEO of Google DeepMind. The unit will focus on advancing Copilot and other consumer AI products and research at Microsoft. Suleyman, who recently joined Microsoft along with employees from his AI startup, Inflection AI, will help improve the company's in-house AI capabilities. This move comes after Microsoft invested $16 million in a French AI startup earlier this year. Suleyman's background includes co-founding DeepMind and leading AI product management at Google before starting his own company, Inflection AI.
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Global Capability Centres to generate 1M jobs in 6 years: NLB Services report
YourStory
·
6m ago
Medial
Global capability centres (GCCs) are increasingly targeting India due to its skilled workforce and favourable policies. A report by NLB Services predicts GCCs will create 1 million jobs and employ 3.3 million professionals by 2030, with the number of centres exceeding 2,100, reaching a $100 billion market size. Demand is high for skills in customer experience, cybersecurity, digital transformation, AI, and cloud computing. Cities like Bengaluru and Pune are key hubs, focusing on inclusivity and niche skills.
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As AI helps veteran workers do their jobs, who will train the young employees?
Livemint
·
1y ago
Medial
Artificial intelligence (AI) is seen as a threat to the workforce, but its impact extends beyond job loss. The use of AI technology in various industries is making it easier for experts to do their jobs independently, eliminating the need for younger, less-experienced workers. This hinders skill development and mentoring opportunities for young workers, leading to a widening skills gap. The consequences include a lack of innovation, limited career advancement, and a decline in the talent pool. Collaborative learning, where senior and junior workers work together to learn new technologies, can help bridge this skills gap and foster stronger relationships in the workplace.
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UiPath looks to equip 5 lakh Indian professionals with automation skills by 2027
Economic Times
·
1y ago
Medial
UiPath, an enterprise automation software company, plans to train 500,000 Indians in artificial intelligence (AI) and automation skills by 2027. The company is expanding its partnership with FutureSkills Prime, introducing new learning plans for business analysts and test automation professionals. Additionally, UiPath will provide scholarships for economically disadvantaged individuals and implement automatic interview opportunities for graduates. They will also launch 50 automation skills labs in colleges across India. UiPath aims to ensure equitable access to upskilling opportunities and bridge the demand for skilled automation professionals.
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AWS expanding AI offerings, developing dedicated industry solutions
YourStory
·
3m ago
Medial
AWS is expanding its AI offerings, particularly generative AI and cloud solutions, tailored for different use cases. At the AWS Summit, AWS India and South Asia's Solution Architecture Head, Satinder Pal Singh, highlighted investments enabling Indian businesses to innovate and grow. AWS has enhanced its services with Amazon Bedrock and Amazon Nova for multimodal intelligence. The transition to AI-driven work necessitates upskilling, and AWS has trained 5.9 million Indians in cloud skills since 2017.
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Microsoft to lay off small part of workforce based on performance: report
Economic Times
·
7m ago
Medial
Microsoft announced a small workforce reduction based on performance, affecting less than 1% of its 228,000 employees. This move follows larger layoffs earlier in 2023, including 10,000 job cuts and reductions in its gaming and cloud computing units. Despite these layoffs, CEO Satya Nadella announced a $3 billion investment in India to enhance cloud and AI capabilities and launched an AI skills upskilling initiative for millions of youths.
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800 India customers using Microsoft's AI platform, says president Puneet Chandok
Economic Times
·
5m ago
Medial
Over 800 Microsoft customers in India utilize its Azure OpenAI platform for AI applications, enhancing productivity, win rates, and resolution speed, as noted by Puneet Chandok. Speaking at CII’s AI conference, he stressed India's goal to become an AI-first nation. A CII-Protiviti survey highlighted growing AI adoption, challenges like governance, ethics, and skills shortage. Experts discussed sectoral AI regulations and strategies for skill development, emphasizing AI’s transformative potential across industries.
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