August 19, 2018
Intel had targeted to train 15,000 people over the first phase of the programme which started in April 2017; The participants in the workshop came from around 100 organisation
An Intel study in December 2017 had found that AI spending in India is bound to rise by up to 11 per cent over the coming 18 months among IT, retail, healthcare and financial firms
Earlier this month, Intel had organised India’s first AI developer conference in Bengaluru, aimed at building AI ecosystem in the nation, involving research to practical application
AI holds the key to unlocking increased business opportunities, while improving state services; Currently there are over 300 AI startups have emerged in India in the recent years
The USA-based chipmaker Intel has trained around 99,000 people in India, including technology developers, academics and students, in artificial intelligence (AI) over the past 16 months, as per media reports on August 19 citing a company statement. Intel had targeted to train 15,000 people over the first phase of the programme. The AI programme has been set up in a tie-up with India’s leading academic institutions such as the five oldest IITs, IISc Bangalore, ISI Kolkata and BITS Pilani. Intel has also tied up with the Government-run Centre for Development of Advanced Computing as well as IT companies such as Tata Consultancy Services for the AI developer training programme. An Intel study in December 2017 had found that AI spending in India is bound to rise by up to 11 per cent over the coming 18 months.
The participants in the workshop, launched in April 2017, came from around 100 organisations. Earlier this month, Intel had organised India’s first AI developer conference in Bengaluru, aimed at building AI capacity in the nation, right from research and development to practical application in businesses and public services. The event was attended by around 500 developers from across the fields of data sciences, machine and deep learning. Last year, Intel had organised ‘AI Day’ in Bengaluru, where it displayed how AI was being incorporated into academia, ecommerce, financial services, cloud products, among others. Meanwhile, Intel has been tying up with Indian companies such as IT services provider Mphasis and as well as the Indian subsidiary of Philips to incorporate AI in their products and services.
AI holds the key to unlocking increased business opportunities through improved scoping of market factors and consumers, besides ensuring improved delivery of government services. As a result, driven by the potential of India’s AI startups, investors and technologists are pouring money and ideas in order to create possibly the fourth largest global cluster of AI enterprises. Data on AI outfits and activity reveal that over 300 AI related startups have emerged in India in the recent years. Among the dedicated AI-only Indian startups, 23 per cent are working on solutions for multiple industries, 15 per cent are catering to the ecommerce space, 12 per cent are in healthcare, 11 per cent in education and 10 per cent in financial services, and the rest in fields such as retail and logistics. This has vastly opened up markets.