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GenAI News

18 Nov 2024

94% Of Indian Firms Using GenAI In At Least 1 Function, Highest Globally

By 2027, 100 per cent of all Indian respondents expect GenAI adoption across both internal and external use cases.

13 Nov 2024

GenAI A Top Priority For 70% Global Capability Centres In India: Report

Further, 69 per cent of firms mentioned customer experience, where they plan to leverage GenAI capabilities. This includes applications such as automated chatbots, personalised support, and sentiment analysis.

03 Nov 2024

Over Half Of Smartphones Projected To Be GenAI-Ready By 2028 Globally

Apple led the market in smartphone revenues capturing a 43 per cent share and recording its highest-ever Q3 revenues, shipments, and ASPs.

09 Oct 2024

Infosys, Microsoft Expand Collaboration To Help Boost GenAI Adoption Globally

Many of these solutions will be available on Azure Marketplace, allowing customers to utilise their Microsoft Azure Consumption Commitment (MACC), creating a mutually beneficial market proposition.

14 May 2024

Adobe To Offer Experience Platform-Based Applications Via Data Centre In India

The company currently has customers like Air India, ICICI Bank, HDFC Bank, Bajaj Allianz, Tata Motors and MakeMyTrip.

06 May 2024

Microsoft, Wipro To Launch GenAI-Powered Assistants For Financial Services

The solutions will also utilise Microsoft Azure Document Intelligence, which uses advanced machine learning to extract text, key-value pairs, and structures from documents.

03 Apr 2024

HCLTech, Google Cloud Launches Initiative To Scale 'Gemini' To Global Firms

HCLTech will enable 25,000 engineers on Gemini for Google Cloud to help mutual clients innovate and optimise their businesses with GenAI.

31 Mar 2024

TCS Trains 3.5 lakh Employees In Generative AI Skills

It became the inaugural tech company to establish a specialized business division solely focused on AI and cloud services in 2023.

27 Feb 2024

End-User Spending On Security, Risk Management To Reach $2.9 Billion In India

Indian firms will enhance their security budget owing to legacy IT modernisation using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work.

25 Feb 2024

GenAI Emerges As Top Cybersecurity Threat For This Year, Says Report

GenAI is occupying significant headspace for security leaders as another challenge to manage but also offers an opportunity to harness its capabilities to augment security at an operational level.

19 Feb 2024

GenAI To Boost Indian Financial Services, Add 80 Billion Dollars By 2030

In the report, a majority of survey participants highlighted focus on two key areas such as customer service and cost reduction.

12 Feb 2024

Deepfakes and GenAI Boost Romance Scams In India, Warn Researcher

Scammers are now leveraging generative AI and deepfake technologies to create more convincing personas in romance scams.

21 Jan 2024

GenAI-Based Tools To Write 70 Pc Of Software Tests By 2028

GenAI for test automation involves using AI algorithms to generate and manage test scripts, allowing for more efficient and adaptable testing procedures.

21 Sep 2023

GenAI To Generate Economic Value Worth $2.6-$4.4 Trillion Annually: Report

Emerging GenAI use cases will drive productivity, and growth for tech services players with reimagined service offerings over the next 5 years, according to the report by Nasscom in association with McKinsey & Company.

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