Deloitte – pressnews

5 Things about AI you may have missed today: India’s AI potential, Samsung rushes into medical AI, and more

20Mar

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Technology

5 Things about AI you may have missed today: India’s AI potential, Samsung rushes into medical AI, and more

[ad_1] AI roundup: India is embracing new technologies such as AI with full force. By acknowledging the efforts, Prime Minister Narendra Modi said that the country will be leading the world in AI. In other news, Samsung and Deloitte invested in Medical AI Startup PocketHealth to explore how AI could boost the healthcare sector. Check out more news about AI from today, March 20, 2024.1. PM Narendra Modi on the potential of AI in India PM Modi, while addressing the Startup Mahakumbh event, highlighted India's capabilities to lead the world in AI. He also encouraged startups to build solutions that will improve India's global challenges. PM Modi said, “We are in a new era of AI technology, and the world acknowledges that India will have an upper hand in AI. It is now our priority to ensure...

5 things about AI you may have missed today: NITI Aayog VC advocates AI; AI predicting COVID-19 variants, and more

5Jan

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Technology

5 things about AI you may have missed today: NITI Aayog VC advocates AI; AI predicting COVID-19 variants, and more

[ad_1] AI Roundup: NITI Aayog VC advocates AI solutions for marine fisheries challenges; Government and industry collaborate on AI for public grievance resolution; AI model predicts COVID-19 fresh variant waves with 80% accuracy; Railways to utilise AI for crowd control during Prayagraj's Magh Mela- this and more in our daily roundup. Let us take a look.1. NITI Aayog VC advocates AI solutions for marine fisheries challengesArtificial intelligence (AI) can address challenges in marine fisheries, according to NITI Aayog Vice Chairman Suman Bery. Speaking at a workshop on the fisheries' potential, Bery emphasized the crucial role of technology as a growth driver. The VC highlighted the need for innovative strategies to meet rising fish demand, emphasizing that understanding demand dynamics...

Deloitte Is Looking to Artificial Intelligence to Help Avoid Mass Layoffs in Future

18Dec

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Technology

Deloitte Is Looking to Artificial Intelligence to Help Avoid Mass Layoffs in Future

[ad_1] The giants of the consulting world face an unusual quandary this year: many of them are in the process of dismissing hundreds of staffers even after they hired thousands of college graduates to deal with new demand. Now, one of the biggest of them all is looking to artificial intelligence (AI) to change that. Deloitte LLP is using AI to evaluate existing staffers' skills and map out plans that would shift employees away from quieter parts of the business and into roles that are more in demand. It's part of a broader bet by the professional services firm that the technology will allow it to moderate hiring growth over time. The moves come after Deloitte added 130,000 staffers this year. But in the midst of those hirings, though, the firm warned thousands of staffers in the US an...

4 things about AI you may have missed today: Samsung launches AI recipe service, Deloitte’s AI market incubator, more

30Aug

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Technology

4 things about AI you may have missed today: Samsung launches AI recipe service, Deloitte’s AI market incubator, more

[ad_1] On yet another important day in the artificial intelligence space, many companies have introduced new products and services that leverage the power of this emerging technology. Samsung was among the biggest AI announcements today as the company launched Samsung Food, a personalized, AI-powered food and recipe platform in 104 countries around the world. In other news, Deloitte has rolled out a global AI market incubator to enhance innovation in generative AI and help businesses in India and across the world. This and more in today's AI roundup. Let us take a look. Samsung launches AI food and recipe serviceSamsung announced the launch of its AI-powered food and recipe service called Samsung Food. The company is releasing this new service in eight different languages across 104 cou...

5 things about AI you may have missed today: Meta brings AI for speech and translation, Microsoft-Epic AI collaboration

22Aug

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Technology

5 things about AI you may have missed today: Meta brings AI for speech and translation, Microsoft-Epic AI collaboration

[ad_1] Today was a major day in artificial intelligence space. Large companies such as Meta, Microsoft, Nvidia, Deloitte, and others announced their new ventures and initiatives in the AI space. Meta introduced SeamlessM4T, a multimodal AI model that can do translation and transcription. In other news, Microsoft announced its collaboration with Epic to expand AI in the healthcare space. This and more in today's AI roundup. Let us take a closer look.Meta unveils AI model for speech and translationMeta introduced a new AI model for speech and translation. In its blog post, it said that this new AI model will give people access to more multilingual content and will enable many in communicating and understanding information in any language. The blog stated, “Today, we're introducing Seamles...

National Technology Day: Biggest Tech Trends in 2023-What industry leaders really believe in

11May

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Technology

National Technology Day: Biggest Tech Trends in 2023-What industry leaders really believe in

[ad_1] National Technology Day is when we can all stop and think about how far we have come in terms of tech advancements, and how far we can go with current innovations. Just one year ago, nobody could have predicted that artificial intelligence could become such a big innovator in the tech space. Before that, it was virtual reality and metaverse, and further back it was web3 and blockchain technology. So, we at HT Tech, asked various industry leaders operating in the tech space on what they believed could be the biggest trends in the technology domain. Check it out below.Biggest Tech Trends in 2023Sriram PH is the cofounder and CEO of DaveAI, an AI-powered sales augmentation platform. He believes that the year 2023 could be of generative AI such as ChatGPT and Google Bard. He said, “G...

ChatGPT, other AI models to disrupt Indian IT firms – JPM

11Feb

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Technology

ChatGPT, other AI models to disrupt Indian IT firms – JPM

[ad_1] Generative AI models such as ChatGPT will slow down market share gains and deflate pricing for Indian IT companies in the short term, analysts at J.P.Morgan said on Friday. As generative AI is implemented more broadly, consulting firms like Accenture and Deloitte will gain market share over Indian IT firms like Infosys Ltd and Wipro Ltd in the near term, analysts at the brokerage said in a note to clients. Generative AI can be a "deflation driver" in the near term on legacy services as they compete on pricing, necessitate staff retraining and drive loss of competitiveness, they added. "ChatGPT is likely to deflate legacy services the most and application services the least." Artificial intelligence company OpenAI's chatbot has dazzled amateurs and industry experts with i...