Artificial Intelligence – Page 8

Indian firms prioritize GenAI, outpacing global average: SAP study

49% of businesses use AI for forecasting and budgeting

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 leverages Artificial Intelligence to strengthen operations

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

AI-powered applications like fashion avatars, smart shopping carts, and virtual influencers are enhancing customer engagement. 47% of retailers state that AI has led to new product and service developments

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

AI/ML industries have continued to witness a boost in hiring at above 26 percent in January 2025.

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

The TTS model supports all 22 official Indic languages including English.

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

Between 2021 and 2023, 984 internal firms registered to operate in India

According to Shiprocket, artificial jewellery is the top-performing category in e-commerce exports, accounting for 40% of exports

Organizations report 4x rise in deployment of generative AI: Report

In November 2023, Minister of Information and Broadcasting Ashwini Vaishnaw announced that the government would begin drafting regulations specifically to address deepfakes.

80% of the organizations have increased their investment in generative AI from last year, the report said

Nearly 80% of Indian startups investing in AI, other advanced technologies: Report

Almost 80% of the startups believe that adopting enterprise applications integrated with new-age technologies such as AI is essential for scaling and improving unit economics

Google joins hands with MeitY to train 10,000 Indian startups in AI

In India, the referee owns the game and the ad market runs through a single gatekeeper - Google.

The tech giant said that more than 1.5 million developers globally are using Gemini models.