CISCO STUDY AI READINESS
How Indian data centre operators are mitigating AI power consumption woes
Indian data centre operators are racing to reduce the massive power consumption of AI infrastructure. As the country prepares to acquire 100,000 GPUs by 2024, concerns over sustainability and environmental impact are mounting.
How GenAI is becoming key part of large, mega IT deals
IT service providers are integrating Generative AI into large deals, indicating its advancement from PoC stage. Traditional IT budgets are being redirected towards AI and GenAI, with substantial revenue growth projected. Key players like Infosys, Wipro, Cognizant, and TCS are leveraging GenAI to enhance efficiencies and reduce costs.
Are businesses ready for stricter tax compliance and transformation? PwC India study raises questions
PwC India highlights tax challenges and AI's transformative role. Enhanced transparency and detailed disclosures build trust, notes Sanjay Tolia. Gautam Mehra urges future-fit tax functions. Jitendra Verma suggests better integration with tax departments for efficiency. These transformations ensure fair tax payment as authorities leverage tech to combat evasion.
Master Your English Skills: How to ace the TOEFL Test for foreign admissions
Indian students aiming to study abroad must demonstrate readiness for academic success in English-speaking environments through TOEFL iBT test. ETS India is running TOEFL India Contest and TOEFL UK India Scholarships to motivate students.
Ixigo IPO pops; AI jobs command premium pay
Ixigo lists at about 50% premium, ends day at 20% upper circuit. This and more in today’s ETtech Top 5.
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.
Companies need to increase AI skilling initiatives and also focus on ethics: Survey
Only 25% of IT professionals are very familiar with AI, as per ISACA survey. 40% orgs lack structured AI training, highlighting knowledge gaps and need for upskilling.
Broadcom acquisition of VMWare creating a storm of uncertainty, risk: Nutanix CEO
As part of its slew of announcements on Tuesday, Nutanix said it is working jointly with Cisco to certify Cisco UCS blade servers as part of the strategic partnership between Nutanix and Cisco.
Out of school, into startups: Young founders are on the rise, ready to even pause studies to chase their entrepreneurial dreams
In 2023, Ayush Pathak and Aryan Sharma founded Induced, assisting businesses in automating workflows with AI. Apoorv Singh launched Connect AI with Asta. Himanshu Rajpurohit's startup, Strangify, provides corporate mental health solutions. Dyumna Madan's ProjectClay helps students find career paths.
Navigating the AI tsunami: IMF boss sounds alarm on job impact, calls for swift action
Artificial intelligence (AI) is predicted to impact the global labor market drastically, potentially affecting up to 60% of jobs in advanced economies and 40% worldwide within two years, according to IMF Managing Director Kristalina Georgieva. Urgent preparation is needed to manage changes and avoid societal inequalities.
AI film festival gives glimpse of cinema's future
With fantastical characters including mud people and giant grandmothers, an AI film festival is giving a glimpse of the storytelling made possible by the novel technology. "I couldn't really have (human) characters or dialogue, so that set the aesthetic of the film," the French director said of his short, about what happens to grandmothers after they die.
Firms rush to recruit chief AI officers amid tech frenzy
Companies scramble for AI talent, hiring CAIOs and other AI leadership roles. Top firms like Harman, Blackrock, and Deloitte emphasize the importance of AI leadership as AI becomes more integral to business operations worldwide.
AI a 'game changer' but company executives not ready: survey
A majority of corporate executives across leading economies believe artificial intelligence will be a "game changer" for their industry but admit their leadership teams lack the knowledge to understand AI's risks and rewards, a study showed Friday. But 57 percent "lack confidence in their leadership team's AI skills and knowledge", the report found.
Hacker Alert! Over 80% of Indian firms expect cybersecurity incident in 2 years
The 2024 Cisco Cybersecurity Readiness Index, which was released on Thursday, found that only 4% of companies in India are ready to tackle today's threats, with 59% of organisations falling into the "beginner or formative stages of readiness".
GenAI can be a gamechanger for tax compliance: PwC study
At present, there is usually a time gap between the specific regulatory requirements and readiness of an organisation to be able to correctly furnish large amounts of data at the outset. With GenAI, managing complex tax compliances can become easier, the study noted.
AI Chatbots not ready for election prime time, study shows
A study by the AI Democracy Projects reveals the risks of AI chatbots spreading false, misleading, and harmful information during national elections. Efforts are being made to safeguard election integrity as big tech companies and AI startups play a role in addressing the issue.
Ready to go beyond Google? Here's how to use new generative AI search sites
Google searches are declining in quality, leading to the rise of generative AI chatbots as alternative search tools. These chatbots offer conversational search experiences with readable summaries of information. However, their accuracy and reliability vary, and it is crucial to verify information from reliable sources.
ETS launches new AI tool to help you prepare for your TOEFL test
The Educational Testing Service (ETS) has introduced TOEFL TestReady, an AI-powered platform to assist test takers preparing for the TOEFL exam. It offers free and paid options, personalized study plans, practice activities, resources, and feedback to improve English skills. Initial research suggests a positive correlation between performance on TestReady and higher TOEFL scores.
How ready are Indian businesses for the AI era?
Overall, according to to the Cisco AI Readiness Index 2023, only 26% of organisations in India are fully prepared to deploy and leverage AI – but this is higher than the global average of 14%. 42% are moderately prepared, 31% have limited preparedness, while 1% are unprepared.
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