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News on Medial
Transforming Tech Careers: The Power Of Strategic Upskilling
Inc42
·
1y ago
Medial
In today's fast-paced tech industry, upskilling has become essential for professionals to stay competitive. With the rise of Industry 4.0, there is a growing demand for specialized tech skills, but employers struggle to find candidates with the required expertise. Professionals aiming for SDE roles with MAANG companies should focus on developing a problem-solving mindset and strategic upskilling. This includes assessing core competencies, creating a roadmap for upskilling, gaining hands-on experience, enhancing soft skills, and obtaining certifications and specializations. By embracing continuous learning and actively applying new skills, professionals can secure career growth and drive innovation in the tech industry.
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Bengaluru-based VC firm Blume Ventures invests $10M in skilling startup Interview Kickstart
IndianStartupNews
·
1y ago
Medial
Bengaluru-based venture capital firm, Blume Ventures, has invested $10 million in Interview Kickstart, an upskilling platform for tech professionals. The investment is the largest maiden cheque by Blume Ventures into a software and AI-focused company. Interview Kickstart provides comprehensive programs in AI, machine learning, data science, and other advanced engineering and product areas. With this funding, Interview Kickstart plans to expand its reach globally, with India being its first test market outside of the US. The investment reflects Blume Ventures' belief in the mission and impact of Interview Kickstart in helping professionals advance their careers.
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From killer drones to robotaxis, sci-fi dreams are coming to life
Livemint
·
2m ago
Medial
The article explores how advancements in artificial intelligence and substantial investments from billionaires are driving interest in developing hardware technologies like robot cars, killer drones, and solar power. This surge in innovation is motivated by the ambition to revolutionize the existing world amidst ongoing challenges. The piece highlights the role of technological breakthroughs and financial support in realizing high-tech, sci-fi-inspired solutions, potentially transforming various industries and daily life.
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Demerger to bring strategic clarity, long-term returns for shareholders: Tata Motors Chairman
YourStory
·
3m ago
Medial
The demerger of Tata Motors into Commercial Vehicles and Passenger Vehicles (including EV and JLR) is aimed at enhancing strategic focus and shareholder returns. Chairman N Chandrasekaran emphasized it would bring strategic clarity, agility, and foster superior customer experiences, rewarding careers, and long-term shareholder value. Effective by late 2025, the demerger supports Tata Motors’ growth strategy, innovation for cleaner mobility, and adoption of automation and AI, ensuring resilience amid global market volatility.
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AI could turn your town nuclear
The Verge
·
23d ago
Medial
Big Tech companies are exploring nuclear energy to power their AI projects. Paducah, Kentucky, a former uranium enrichment site, is set to play a central role in this shift. The Peter Thiel-backed startup aims to revive the local plant, aligning with government efforts to develop AI data centers. As the demand for enriched uranium grows, nuclear energy is poised for a comeback, impacting small cities like Paducah and transforming the energy landscape.
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Upskilling platform Weskill raises pre-seed round
Entrackr
·
5m ago
Medial
Upskilling Platform Weskill has raised an undisclosed amount in a pre-seed funding round at a valuation of Rs 40 crore from HNIs and Strategic Investors. The fresh funds will be channeled towards accelerating its expansion and enhancing cutting-edge AI-powered learning ecosystems, Weskill said in a press release. Founded in November 2023 by Prashant Prakash Dubey, Weskill aims to address the widening skill gap between traditional college education and the ever-evolving demands of the industry. The platform aspires to weed out the hassles of lack of alignment between academic curriculum and real-world job requirements by leveraging artificial intelligence to offer career counseling and personalized training modules, making upskilling more effective, accessible, and industry-relevant. To ensure high-quality experiential learning, Weskill states that it has established partnerships with top-tier universities, including EICT, IIT Guwahati, and several multinational corporations (MNCs). These collaborations enable the platform to deliver industry-relevant training to undergraduate students and early-stage professionals, equipping them with the skills required to excel in corporate environments. In addition to its upskilling programs, Weskill has developed an AI-based career counseling and mock interview platform and claims that it has already empowered over 170,000 students in enhancing their career trajectories. Over the next two years, Weskill intends to expand its impact by upskilling and guiding over 600,000 students across India with a strong focus on AI integration, innovative learning methodologies, and strategic industry collaborations. It competes with major players in the upskilling space such as Coursera, Scaler, Simplilearn, amongst others.
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Simplilearn appoints Jitendra Kumar as CTO to lead AI-first strategy
Economic Times
·
2m ago
Medial
Simplilearn, a digital upskilling company, appointed Jitendra Kumar as CTO to lead its AI-first strategy. Kumar, returning to the company, will focus on embedding AI technologies to personalize learning and enhance global impact. CEO Krishna Kumar highlighted the importance of Kumar's leadership in advancing AI capabilities and expanding global presence. Previously, Kumar founded HappyCredit and ReelOn, underscoring his tech innovation expertise. He aims to integrate AI across Simplilearn's ecosystem for smarter upskilling solutions.
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‘Focus on Metaverse, Gen AI result of rising demand’
Livemint
·
1y ago
Medial
Tech Mahindra is focusing on emerging technologies like generative artificial intelligence, quantum computing, and metaverse to explore new growth opportunities across industries. Their goal is to improve customer service, sales, and outreach through cognitive digital models that incorporate data and AI. The recent leadership realignment has provided momentum for Tech Mahindra to sharpen their focus in strategic areas and drive success. They are investing in talent development and upskilling to create a future-proof talent pool. Tech Mahindra is also experiencing increased demand for metaverse and other futuristic projects and is helping clients create immersive digital experiences. Their key focus areas for the next 12 to 18 months include developing AI technologies, establishing secure industry clouds, and enabling customers to monetize their offerings.
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Essar to invest ₹55,000 crore in Gujarat creating 10,000 job opportunities
Livemint
·
1y ago
Medial
Essar Group has signed three MoUs with the Gujarat government to invest ₹55,000 crore in energy transition, power, and port projects in the state. The investments include setting up a 1 GW green hydrogen project, expanding the Salaya power plant, and transforming Salaya port into a logistics hub. The group aims to create over 10,000 job opportunities through these initiatives.
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Premium for AI jobs cools as talent supply increases
Economic Times
·
1y ago
Medial
Hiring for artificial intelligence (AI) roles has slowed down in 2024, leading to a reduction in the record pay premiums offered to AI professionals. The average salary hike for new AI jobs has decreased to 15-25% compared to 50-60% a year ago. Tech companies are now focusing on upskilling their own employees and waiting for more AI use cases, resulting in a decrease in demand for AI talent. The supply of AI professionals has also increased due to upskilling initiatives, leading to moderated pay hikes.
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UAE's Masdar launches facility to produce 1GW of uninterrupted renewable energy
VCCircle
·
7m ago
Medial
UAE's Masdar has launched a renewable energy facility capable of producing 1 gigawatt of uninterrupted clean power. Announced during Abu Dhabi Sustainability Week by Sultan Al Jaber, the project marks a significant advancement in transforming renewable energy into consistent baseload power. Al Jaber highlighted the challenge of meeting rising energy demands, potentially increasing by 250% by 2050. This initiative addresses the need for diverse, reliable energy sources to support the future's energy-hungry applications like ChatGPT.
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Early and growth-stage investments in disruptive technology companies with...
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Early-stage venture capital firm investing in technology startups in India. Focus on...
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