Approximately, four-fifth of Indian business leaders believe that innovation is more important than protecting existing jobs
Tag: Artificial Intelligence
GenAI demand skyrockets 411% globally since 2019; India leads in AI/ML job postings
As per Cornerstone’s SkyHive data, India led with 4.1 percent of its job postings focused on AI/ML and nearly 18 percent of data analytics jobs, reflecting its growing role in the global AI landscape between January and July 2024.
88% of Indian organizations open to global hiring for AI roles: Report
According to Deel report, 80 organizations said that high salary expectations have deterred them from hiring AI talent. On the other hand, 56 percent of the respondents cited fierce competition from other companies as a significant challenge in attracting AI talent.
Indian firms prioritize GenAI, outpacing global average: SAP study
The Indian businesses are putting a high priority on AI to improve training and skills development at 51%, customer experience at 50%, and to optimize supply chains and logistics at 50%
AI will have profound impact on every industry: Vijay Shekhar Sharma, Paytm
Paytm laid off more than 1,000 employees from its operations, sales, and engineering teams in December after adopting AI in most of the operational work.
EU regulators to probe Google over its AI model, raises privacy concerns
Ireland’s Data Protection Commission (DPC), the lead EU regulator for most of the top U.S. internet firms said that the probe concerned the Alphabet Inc (GOOGL.O), opens new tab unit’s Pathways Language Model 2 (PaLM 2).
Media and Entertainment industry witnesses 10% YoY rise in job recruitment in August: Naukri data
Artificial Intelligence and Machine Learning (AI/ML) jobs witnessed a 14% spike in August 2024. Additionally, the hiring in the FMCG and Pharma sectors remained strong as per Naukri JobSpeak Index
India Inc upskills employees to bridge AI talent gap: Deloitte-Nasscom report
It is expected that India will have a surplus of talent by 2030, with over one million highly skilled tech professionals
Gan.AI launches Myna-mini, a TTS model supporting 22 Indic languages
Gan.AI’s technology has been used by brands for personalizing video and audio campaigns, including Uber, Cadbury, Swiggy, Zomato, the San Antonio Spurs, and Mumbai Indians.
AI-powered tools to enhance productivity, not replace jobs: Shiprocket’s Somil Agrawal
According to Shiprocket, artificial jewellery is the top-performing category in e-commerce exports, accounting for 40% of exports