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Need a promotion at Amazon? Show your AI skills first - The Economic Times
Economic Times
·
1m ago
Medial
Amazon now mandates employees in certain units, like Ring and Blink, to showcase AI skills for promotions. Applicants need to provide details of AI projects and their outcomes. Managers must report on AI tools utilized to enhance productivity, potentially impacting workforce size. Jamie Siminoff, Ring's founder, emphasizes AI-driven innovation. Amazon, aligning with broader tech trends, is integrating AI widely, with an aim to reduce costs and optimize efficiency, potentially affecting its global workforce of 1.56 million.
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Big Tech continues to hire in India even as local majors downsize - The Economic Times
Economic Times
·
1m ago
Medial
Big Tech companies like Meta, Amazon, and Google are expanding their workforce in India despite global layoffs, posting a 16% increase in headcount over the past year. This growth is driven by the demand for AI, cloud, and cybersecurity skills. In contrast, Indian IT firms are reducing staff due to skills mismatches. While layoffs are prevalent globally, India is less affected, with hiring focusing on specialized roles and high-end work through global capability centers.
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AI era demands dynamic skills over job titles: LinkedIn’s Kumaresh Pattabiraman - The Economic Times
Economic Times
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3d ago
Medial
LinkedIn India head, Kumaresh Pattabiraman, emphasizes the need for professionals to focus on dynamic skills rather than fixed job titles to succeed in the AI era. He believes AI is rapidly transforming job roles, requiring an adaptable skillset. LinkedIn aids this transition with tools like 'Job Match' and AI coaching for interviews, improving job search effectiveness. India, LinkedIn's rapidly growing market, is pivotal for shaping global future work trends amidst economic and technological challenges.
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Nasscom anticipates more layoffs across IT services industry in the near term - The Economic Times
Economic Times
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1m ago
Medial
Nasscom anticipates job cuts in India’s IT sector as AI and automation reshape services, with TCS recently announcing 12,000 layoffs. The shift towards product-aligned delivery models and the demand for agility and innovation are driving this change. Reskilling is crucial, with over 1.5 million professionals trained in AI. The future will favor specialized, deep-domain skills, highlighting the need for workforce transformation to adapt to evolving client expectations and technological advancements.
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Alexa got an AI brain transplant: How smart is it now - The Economic Times
Economic Times
·
1m ago
Medial
Amazon's Alexa+ introduces generative AI, enhancing conversational skills and multitasking. The upgrade allows for natural interactions and creative responses but has shown issues like bugs, errors, and slower performance. While new features like restaurant booking impress, certain basic tasks suffer, leading to some user frustration. Despite its potential, the current version may need further refinement before becoming a reliable voice assistant. Users may experience challenges with familiar commands and adjustments to the new interface.
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ET Soonicorns Summit 2025: Data privacy an afterthought while building products, says Razorpay COO - The Economic Times
Economic Times
·
20d ago
Medial
At the ET Soonicorns Summit 2025, Razorpay COO Rahul Kothari highlighted that data privacy is often an afterthought in product development, posing a challenge for personalisation in retail. Companies frequently obtain customer consent without clear data usage intentions, limiting customer control. Effective personalisation requires collecting first-party data for accurate AI models. Ankit Gupta from Reliance Retail emphasized the need for optimising offline and online omnichannel strategies to enhance customer engagement and data collection.
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Amazon rolls out AI-powered image generation to empower advertisers
Economic Times
·
1y ago
Medial
Amazon is introducing an AI-powered image generation tool to assist advertisers in creating compelling images for their products. With this new tool, advertisers can generate high-quality images without the need for professional photography or graphic design skills. This innovation aims to provide convenience and cost-effectiveness to advertising campaigns on Amazon's platform.
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Cisco projects upbeat quarterly revenue as AI fuels networking equipment demand - The Economic Times
Economic Times
·
28d ago
Medial
Cisco Systems forecasts higher-than-expected first-quarter revenue, driven by increased demand for AI-powered networking equipment among cloud customers. Major tech firms like Microsoft, Amazon, and Alphabet are boosting investments to overcome AI capacity shortages, supporting Cisco's growth. The company's AI infrastructure orders surged, doubling its fiscal 2025 target to over $2 billion. Cisco is poised to capitalize on sovereign AI opportunities and has partnerships enhancing digital solutions in regions like Bahrain. Fourth-quarter revenue reached $14.67 billion, surpassing estimates.
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Mid-sized GCCs out-hire larger peers with double-digit growth in first half - The Economic Times
Economic Times
·
1m ago
Medial
Mid-sized global capability centres (GCCs) in India are experiencing faster hiring growth, with a 10–12% increase in the first half of the year, outpacing larger centres. These centres are focused on building new capabilities, offering competitive salaries, and attracting talent in AI and data roles. Despite larger GCCs still dominating in terms of overall workforce, mid-sized centres are aggressively expanding, characterized by high maturity, deep-tech skills, and agility, becoming significant contributors to their parent organisations' strategies.
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Arm hires Amazon AI exec to boost plans to build its own chips - The Economic Times
Economic Times
·
23d ago
Medial
Arm Holdings has hired Amazon AI chip director Rami Sinno to lead its venture into developing complete chips. Previously, Arm focused solely on chip designs, but now it aims to build full systems and chiplets. This strategic shift involves hiring experienced industry professionals to expand Arm’s capabilities beyond just intellectual property, thereby increasing its market influence. Sinno's role at Amazon involved creating AI chips like Trainium and Inferentia, setting a strong foundation for Arm's new direction.
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US tech titan earnings rise on AI as economy roils - The Economic Times
Economic Times
·
1m ago
Medial
Tech giants Amazon, Apple, Meta, and Microsoft surpassed earnings expectations this quarter, driven by robust AI investments. Microsoft reached a $4 trillion valuation, while Amazon reported a 35% profit increase. Cloud and AI developments propelled Microsoft's Azure growth. Meta's revenue jumped 22%, focusing on AI superintelligence. Apple's earnings were boosted by iPhone sales despite US tariffs. These companies are heavily investing in AI, viewing it as pivotal for business transformation and future growth.
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