Tag: ai skills

5 things about AI you may have missed today: AI skills propel 54 pct pay hikes, Microsoft seeks AI gaming experts, more
Technology

5 things about AI you may have missed today: AI skills propel 54 pct pay hikes, Microsoft seeks AI gaming experts, more

[ad_1] AI skills propel 54 percent salary increase in India; Microsoft seeks AI experts to transform gaming experience; NAAC Chairman advocates value based education amid AI disruption; Tim Cook advocates AI for climate action- this and more in our daily roundup. Let us take a look.1. AI skills propel 54 percent salary increase in Indian industriesA study reveals a 54 percent salary surge in industries due to AI skills. 95 percent of workers seek AI proficiency for career advancement. Indian employers offer higher pay, especially in IT and R&D sectors. Demographic interest grows, with 96 percent of women and 90 percent of baby boomers aiming for AI skills. Employers anticipate a 68 percent productivity increase with AI adoption, according to Manufacturing Today report.  Also read: A...
Workers with AI skills may witness up to 54pc salary hikes: AWS Research
Technology

Workers with AI skills may witness up to 54pc salary hikes: AWS Research

[ad_1] Workers in India with AI skills and knowledge may see salary hikes of more than 54 per cent with those in IT and research and development enjoying the highest pay increases, according to a report by Amazon Web Services (AWS).Around 99 per cent of employers envision their companies becoming AI-driven organisations by 2028, the report commissioned by Amazon subsidiary AWS stated. “While most employers (97 per cent) believe their finance department will be the biggest beneficiary, they also foresee IT (96 per cent), research and development (96 per cent), sales and marketing (96per cent), business operations (95 per cent), human resources (94 per cent), and legal (92 per cent) departments driving significant value from AI too,” it said. Around 98 per cent of surveyed employers and w...
5 things about AI you may have missed today: Nvidia CEO says boost AI infra; McAfee unveils AI dating reality, more
Technology

5 things about AI you may have missed today: Nvidia CEO says boost AI infra; McAfee unveils AI dating reality, more

[ad_1] AI roundup: Countries around the globe are embracing artificial intelligence (AI) technology with gusto to catch up with others. Among the biggest worries is skilling. Now, Google has announced it is investing 25 mn euros in enhancing workers' knowledge about AI in Europe. At the same time, Nvidia CEO Jensen Huang says that countries should be developing their AI infrastructure to ensure strong economic growth. Know what's happening in the world of AI.Google to invest 25 million euros to enhance AI skills in EuropeGoogle announced the funding of 25 million euros ($26.98 million) to empower workers in Europe with the knowledge of artificial intelligence (AI) technology. Adrian Brown, executive director of the Centre for Public Impact said, “This new program will help people across...
AI will drive productivity in India and be relevant for rest of the world, Microsoft CEO Satya Nadella says
Technology

AI will drive productivity in India and be relevant for rest of the world, Microsoft CEO Satya Nadella says

[ad_1] Microsoft CEO Satya Nadella's tour of India has put the spotlight on artificial intelligence and he has highlighted the abilities of the country's technology workforce to provide transformational economic growth and that too at good speed. India could be one of the countries that can benefit significantly from AI which may also result in solving the country's distinctive structural issues according to Nadella. In a number of interviews over the last few days, Nadella has said that he believes India, with its wide range of talent and massive developer community, could give major competition to developed countries even in this space and achieve transformational change. So, even though India initially missed the digital bus when it came Internet, computers, smartphones and more, cur...
Snap, Okta to Amazon, Tech Layoffs Continue to Roil Industry With 32,000 Jobs Cut
Technology

Snap, Okta to Amazon, Tech Layoffs Continue to Roil Industry With 32,000 Jobs Cut

[ad_1]  The tech industry has started 2024 with another wave of job cuts, paring back even further after widespread layoffs last year. So far, some 32,000 tech workers have lost their jobs in 2024 according to Layoffs.fyi, a startup that has been tracking job cuts in the industry since the pandemic. Snap Inc. became the latest example, announcing on Monday that it's reducing its workforce by about 10%, or around 540 employees. Earlier this month, software company Okta Inc. said it would eliminate 7% of its staff to reduce costs, affecting about 400 employees. The list goes on, including Big Tech employers like Amazon.com Inc., Salesforce Inc. and Meta Platforms Inc. This year, “tech companies are still trying to correct for their over-hiring during the pandemic surge, given that the hig...
5 things about AI you may have missed today: Vodafone turns to Microsoft for AI services, TCS eyes GenAI opportunities
Technology

5 things about AI you may have missed today: Vodafone turns to Microsoft for AI services, TCS eyes GenAI opportunities

[ad_1] AI roundup: Artificial intelligence (AI) has been a hot topic for 2024 with companies unveiling new investments and innovations in the field. In a recent announcement, Vodafone and Microsoft signed a 10-year partnership to improve customer experience; the World Economic Forum 2024 is shedding new light on the future of AI. Check what's happening in the world of AI.Cognizant introduced generative AI-powered Innovation Assistant, in collaboration with MicrosoftTaking a step ahead with technology, Cognizant has announced an Innovation Assistant, a generative AI-powered tool that has been developed on Microsoft Azure OpenAI Service. This tool will be used internally by the teams to enhance creativity and innovation. Ravi Kumar S, Cognizant's CEO said, “Together with Microsoft, we are...
India needs to export talents skilled in AI: Microsoft Vice Chair
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India needs to export talents skilled in AI: Microsoft Vice Chair

[ad_1] Microsoft President and Vice Chairman Brad Smith on Thursday said India needs to export talents skilled in artificial intelligence.While speaking at a US-India Strategic Partnership Forum event, Smith said the health of democracies is at stake and there is a need to find new ways to sustain economic growth. "The future of India in many ways will involve not just bringing talent to the countries but bringing more talents with a background in AI," Smith said. He said there is a need to develop responsible AI which fundamentally serves the principle that matters to humanity like security, privacy, and inclusion.Smith said the role of AI is to enhance productivity in a smarter way and there is a need to develop it through partnerships between educators and entrepreneurs, among countr...
IIT Madras and NCVET certified free online AI course launched; register this way
Technology

IIT Madras and NCVET certified free online AI course launched; register this way

[ad_1] The government in collaboration with Skill India and GUVI, an edtech company, has launched a free online AI course in an effort to make it a part of India 2.0. This free online training course will majorly focus on concepts related to artificial intelligence. Dharmendra Pradhan, Union Minister of Education and Skill Development and Entrepreneurship on World Youth Skills Day shared that students opting for this AI training course will get certified by IIT Madras and the National Council for Vocational Education and Training (NCVET). About the new AI training courseLearners can access the free course on the GUVI platform and signup to begin their learning. The course will be available in nine different languages making it easier to study in your own preferred language. Before the c...