Tuesday, July 23, 2024
Outlook India
Outlook Business

Artificial Intelligence Start Up

Nasscom-BCG report observed that the investments in AI have seen a 24 per cent CAGR since 2019, with 2023 seeing close to $ 83 billion investment.

RagaAI is a true multimodal platform that supports LLMs, images/videos, 3D, audio, NLP, and structured data and reduces 90 per cent of the risks while accelerating AI development

The Immerso AI Park will feature an AI university and an AI data center and it will also create a specific zone for international deep technology and generative AI start-ups

The anticipated second phase aims will provide increased support for these start-ups, including stable policies and taxation, and improved valuation norms

Survey Reveals 80 per cent of Business Leaders Prioritize Integration of AI-Enhanced Advanced Analytics

India respondents, comprising 62 per cent, anticipate significant changes in the skills required for their jobs over the next five years, surpassing the global average of 36 per cent.

The pilot phase of the Innovation Hub program is expected to conclude in March 2024, with a third pilot project starting shortly

The report revealed that 89 per cent of IT Buyers found ESG goals more difficult to meet as a result of upgrades to their IT infrastructure for AI adoption

The report suggests that the variation in impact between white-collar and blue-collar roles is attributed to the nature of tasks performed by each role

NeevCloud aims to solve fundamental customer problems in India related to accessibility, environmental impact, support, self-reliance, and fostering innovation in cloud and AI technologies