India is particularly attractive for low- to mid-tier chip manufacturing and R&D centers, Moody’s noted, as companies seek to diversify production away from traditional hubs and build resilience into their supply chains.
Amazon chief executive Andy Jassy said the rapid expansion of GenAI across the company will, over time, reduce the number of people needed in certain corporate roles—even as it unlocks entirely new ways of working, creating value, and reimagining what employees can do
Generative AI will automatically generate at least three-fourth of analytics content by 2027, up from just 10% in 2023, according to global research firm Gartner—a striking shift that shows how fast AI is reshaping business decision-making.
Barbie maker Mattel, which also makes Hot Wheels and UNO cards, has signed up with ChatGPT maker OpenAI to use its artificial intelligence (AI) tools to design toys and other products .
New York-listed consulting giant Accenture Plc has trained more than half of its employees in generative artificial intelligence (GenAI) as it sees a boom in demand for work in that segment, Bloomberg reported
