Wipro Collaborates with IIT Delhi to Establish AI Center for Generative Artificial Intelligence
In a pioneering move that marks a significant milestone, Wipro, the renowned IT powerhouse, has launched a cutting-edge Center of Excellence (CoE) dedicated to generative artificial intelligence. This trailblazing initiative has found its home within the esteemed Yardi School of Artificial Intelligence at the prestigious Indian Institute of Technology (IIT) Delhi, serving as a true […]
SuperBot Unleashes AI-powered Voice Agent For Educational Institutions
Superbot for Education empower educational institutions with intelligent communication solutions to automate 95 percent of potential counseling queries. This AI-powered voice agent is the latest cutting-edge communication agent and a SaaS-based product by PinnacleWorks. It delivers lightning-fast and precise responses. Be it generating and nurturing the leads through impactful engagement, verifying the applicant’s data, or […]
TikTok Explores AI Chatbot to Enhance User Experience
TikTok, the popular social media platform known for its short-form videos, is reportedly testing a new artificial intelligence (AI) chatbot called Tako. This latest development aims to further enhance user engagement and provide a more interactive experience for TikTok’s massive user base. The introduction of Tako, an AI-powered chatbot, represents TikTok’s foray into the realm […]
AI Will Boost S&P 500 Profits by 30% or More Over Next Decade: Goldman Sachs
Goldman Sachs believes AI could help drive S&P 500 profits in the next 10 years, increasing productivity by 1.5 percent per year. Artificial intelligence has investors, who are eager for a fresh driver of profit growth, excited of its potential as it promises to drive efficiency benefits. Ben Snider, senior strategist at Goldman Sachs, estimates […]
Amazon to Speed Up Deliveries Via AI and Use Robotics in FulfilLment Centers
Amazon is set to deploy artificial intelligence to speed up deliveries to customers and currently, its focus is to use AI to figure out where to place its inventory. The company will use robotics in fulfillment centers for tasks like lifting heavy packages. Stefano Perego, vice president of customer fulfillment and global ops services for […]
IBM Prefers AI Over Humans, Will Stop Hiring for Non-Customer Facing Roles
IBM is set to stop hiring in back-office functions, like human resources and other non-customer facing roles, as these can be replaced with AI in the near future. Earlier this year, IBM announced job cuts which would make 5,000 workers redundant once completed. Arvind Krishna, CEO of IBM, said 30 percent of such positions can […]