Monthly Archives: April, 2023

. Amid US clampdown on Chinese access to high-tech innovations, the country has adopted a military-civil fusion strategy. The US-India trade exemplifies the strengthening of the two countries' partnership as both focus on global peace and security. The US Commerce Secretary and Indian External Affairs Minister also established the Semiconductor Sub-Committee and Working Group on Talent, Innovation and Inclusive Growth.

The Nasscom Centre of Excellence (CoE)recently hosted a Smart Manufacturing Research Conclave, which brought together 150 people from manufacturing industries, startups, tech SMEs, university researchers, government leaders, and innovators to discuss research and technological advancements in the Industry 4.0 space. The workshops conducted brought experts from various IITs together to educate the representatives on AI in production planning, predictive maintenance, and computer vision for smart manufacturing. The discussion focused on commercializing research ideas and promoting Zero Defect Zero Effect Practices.

. Amazon is a leader in the tech world and AI sector, with its CEO Andy Jassy focusing on accelerating the development of its large language model. With its latest initiative, "Trainium" and "Infursive," Alexa is set to become the world’s best personal assistant. Additionally, their “Bedrock” service allows customers to customize their foundational models for a secure and private experience. Amazon is now taking huge strides with AI to create expansive options for its users worldwide.

The cloud infrastructure revenue grew by 19% in the first quarter despite budget cuts, generating an impressive $63B in the period. Major players such as Amazon, Microsoft Azure, and Google Cloud remain key contributors. China is back in the game, increasing cloud adoption and driving market growth. Benefits of using cloud technology are clear and evident.

We are witnessing a paradigm shift in the development of generative AI applications such as ChatGPT, with 1,000 prominent members of the AI industry signing an open letter for an AI pause. Amazon, DeepMind, Google, Meta and Microsoft are just some of the names whose participation underscore the implications of modern AI. The INSEAD TotoGEO AI lab is exploring the possibilities of generative methods with its various studies, allowing us to make well-informed decisions on the future of AI.