AI ML ENGINEERS
Glean Technologies sets up India office, to invest up to $50 million
US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set up shop in Bengaluru, its first in India. The company plans to significantly expand its presence there, aiming to triple its staff to 450 within the next two years.
Saras, a one-of-its-kind institution dedicated solely to AI education, announces its official launch in India
Saras AI Institute, founded by Anil Singh, offers specialised online degree programmes, industry expert educators, personalised coaching, and integrates compassion. This state-approved institution, with a unique curriculum and innovative approach, aligns with World Economic Forum’s projection of 97 million new AI jobs by 2025, addressing the talent shortage in the global AI sector.
Shadowfax announces AI-based address intelligence system SF Maps
SF Maps aims to improve navigation for delivery partners, thereby assisting e-commerce platforms and Direct-to-Consumer (D2C) brands in reducing cancellations due to address inaccuracies on their platforms.
Is AI enough for a job at GCC? Companies now train freshers for real-world experience
Aspirational graduates in healthcare technology fuel innovation with a focus on evolving healthcare solutions. Freshers receive in-depth exposure through apprenticeship models, fostering understanding of long-term career paths beyond immediate project work in GCCs.
OpenAI releases new GPT-4 model to find errors in ChatGPT's responses
GPT-4 will help align with AI systems, through reinforcement learning from human feedback (RLHF), which helps make responses from large language models more accurate. OpenAI said that with ChatGPT becoming more accurate and errors more subtle, a model like CriticGPT became necessary to find inaccuracies.
NEET & Clean: Experts bat for exam rejig; recommend use of AI, computer-based tests
Their recommendations include holding computer-based tests, multiple shifts, multiple days, use of AI to ensure each question paper is unique, more involvement of medical colleges, higher discipline across the student community to adhere to fair testing.
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85% Indian professionals set to invest in upskilling for FY25
According to Great Learning's 'Upskilling Trends Report 2024-25,' 85% of professionals in India plan to invest in upskilling initiatives in fiscal year 2025 (FY25). The report highlights a drop in job retention confidence to 62% from 71% the previous year, mainly due to tech disruptions and challenging macroeconomic conditions. Entry-level professionals feel the most uncertain, with only 29% confident about job retention in FY25. Upskilling is crucial, especially in fields like data science, AI, and machine learning, with 92% of seasoned professionals and 83% of freshers recognizing its importance.
To address talent shortage, chipmakers skilling engineering students
Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core design and AI training and sponsoring students pursuing research.
AI jobs command premium pay as companies fill specialised roles
Experts and staffing firms told ET that qualified AI professionals in India are raking in serious cash. Compared to traditional IT roles, AI specialists can command a salary premium of up to 40-80%. The demand for AI talent is exploding as companies race to fill these new and specialised positions.
Indian Airlines ride AI: Human-like responses for passengers, lesser workload for agents
Artificial intelligence is transforming the Indian aviation industry, enhancing customer service and operational efficiency for airlines like Air India, IndiGo, and Akasa Air. From AI virtual agents handling diverse queries to AI chatbots with trillions of parameters, these technologies are streamlining processes and improving passenger experiences. The adoption of new-age technologies like AI and machine learning is on the rise across the industry, promising advancements in areas such as computer vision and data-backed decision-making.
GCCs open multiple career opportunities for freshers
India's economy has experienced significant growth due to the establishment of global capability centres (GCCs), which benefit from the country's skilled workforce, low operational costs, and digitisation. These offshore units, set up by multinational corporations, centralise various business functions and operations to improve productivity, presenting numerous job and career advancement opportunities, especially for early career professionals.
ET Road Safety & Safer Mobility Forum 2024: Steering a smarter, safer, and sustainable supply chain by accelerating safety tech in logistics
The ET Road Safety & Safer Mobility Forum 2024 gears up for its third roundtable, focusing on ‘Enhancing Safety Standards in Modern Logistics and Supply Chain.’ This session will put intelligent AI solutions in the spotlight, showcasing how they can revolutionise safe practices within the ever-evolving logistics landscape. By prioritising both road and fleet safety, the forum aims to create a more secure and efficient supply chain ecosystem.
Wipro teams up with Centre for Brain Research at IISc on AI-driven health behaviour innovations
Wipro partners with Centre for Brain Research to utilize AI, ML, and big data analytics for health behavior innovations.
AI and ML powering the next generation of personalisation for on-demand apps: Madan Thangavelu, Senior Director, Engineering, Uber
The on-demand service industry relies on mobile apps for user experience (UX) despite limited UI space on smartphones.
Senior-level adtech and martech roles combine creativity, tech and business sense
The adtech (advertising technology) and martech (marketing technology) sectors require a unique balance of creativity, business acumen, and technological skills, especially at senior levels. Companies seek professionals with expertise in data analytics, AI/ML, and digital marketing, as these roles are crucial for connecting brands with customers and driving hyper-personalization.
Senior-level IT services hiring in 2024 focuses on new-age skills
IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in cloud computing, machine learning, and data engineering are sought after. Gartner forecasts $5 trillion IT spending in 2024, with India's IT spending growing.
Freelancer’s guide to the galaxy of danger zones in recruitment platforms
The gig economy is booming globally, with India seeing a surge in freelancers seeking work opportunities. While challenges exist in finding the right projects, online platforms are playing a crucial role in connecting freelancers with relevant opportunities. To succeed in this competitive landscape, freelancers need to showcase their skills, work with quality clients, and constantly upskill. However, they must also be cautious of red flags.
Indian gig workers toil at frontlines of AI revolution
Akash and Ikshita engage in online work. Gig workers in India train AI models through microtasks. India emerges as a data annotation hub with a potential $8.22 billion global market and a million-strong workforce by 2028.
ARTPARK: From legged robots to advanced cargo drones, a look at India's first robotics park
ARTPARK, India's pioneering AI and robotics hub established in 2020 within the Indian Institute of Science (IISc) campus, Bengaluru, aims to foster inclusivity and equitable access to technology. With a core focus on innovation, skilling, and industry collaboration, ARTPARK nurtures startups, supports research, and tackles societal challenges. Backed by substantial funding, it's a nexus for developing cutting-edge solutions and driving India's technological advancement.
Trend of IT services companies not hiring or reducing headcount will continue for now: Rituparna Chakraborty, TeamLease
Rituparna Chakraborty discusses the evolving job market influenced by AI and automation, emphasizing the need for updated skill sets to align with technological advancements. The narrative explores the changing dynamics of the IT sector and the importance of embracing new skill requirements. The TeamLease co-founder says that this trend where IT services companies are either not hiring or are reducing headcount is a fact of life now and is likely to continue for a few quarters or into the future.
Can your organisation afford to overlook AI integration?
Enterprises are embracing AI for sustainability and growth. AI drives efficiency, insights, and innovation through automation and data analysis. Hewlett Packard Enterprise (HPE) provides comprehensive AI solutions and expert guidance to accelerate successful AI integration.
Ciel HR’s Aditya Narayan Mishra on IT hiring and salary trends
Aditya Narayan Mishra highlights the impact of AI, ML, cloud, and full stack development on pay packages. Global competency centers pay freshers more for problem-solving skills. Market shifts towards newer technologies, impacting attrition rates and skill demand. Further, Mishra says five years ago, the percentage of people on contract staff were less than 10%, but today it is closer to 20%.
Skill gap in workforce, AI advancements make cyber attacks more threatening in India
India is witnessing an unpredented surge in cyber attacks. There is also a big skills gap in the cyber security workforce, and advancements in AI are making the problem more acute. While AI is a threat, it is also an opportunity. Synergy between AI and human expertise may be the key to safeguarding the country’s expanding digital ecosystems.
Campus hirings for entry-level IT jobs could even be 50% less this year: Ramani Dathi, Teamlease
"Even for the new talent who are aspiring for jobs in the IT industry, upskilling is now the real need and they have to invest in terms of expanding their own skill set.Almost 60% to 70% of the positions that we used to hire a year back used to be in .NET and Java. But those requirements have now come down to almost 50% whereas all the new requirements, new positions are asking for niche skills like AI and ML and transformative initiatives."
Soaring high: How ERP solutions can propel 'Make In India' ambitions in the aerospace and defence sector
The Economic Times and Epicor panel celebrated India's aerospace growth, highlighting a 20% export increase and the pivotal role of ERP solutions
Placement season: At IITs, startups score advantage points
IITs like Kanpur and BHU are seeing about a 30-40% jump in the number of startups compared to last year, placement sources told ET.
Looking for a job in IT sector? Develop these skillsets to be in demand
Kapil Joshi, Deputy CEO, Quess IT Staffing, a provider of staff augmentation solutions, says that they have observed a sustained demand for early career professionals in roles related to data engineering, development (Java, Angular), ERPs, Power BI, network engineering, cybersecurity and UI/UX.
Hello, Mika! Polish alc-bev firm Dictador hires AI CEO to lead its ops, robot says she has 'no weekends'
Mika in a video said that she "can swiftly and accurately make data driven" with the help of advanced AI and ML algorithms.
Indian IT firms rally for AI safety measures; Recapping nominees of ET Startup Awards 2023
Genpact is applying an ‘output robustness test’ to ensure its AI-generated output complies with fairness and legal frameworks. Wipro has adopted a ‘privacy and equity by design’ approach and looks out for possible bias not only in preparing datasets but at further points in the AI lifecycle.
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