10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Tech

Microsoft To Impart AI Skills To 2 Mn Indians By 2025


SUMMARY

The company will impart AI skilling opportunities and training to individuals in Tier-2 and Tier-3 cities, as well as rural areas of the country

While basic and advanced AI training will be imparted to 5 Lakh students and job seekers, another 1 Lakh women will be trained in “in-depth AI technical skills training”

The Microsoft CEO also urged both India and US authorities to build consensus and cooperate on framing norms to regulate the AI space

Microsoft plans to train more 2 Mn Indians on artificial intelligence (AI) by 2025, according to the company’s chief executive officer (CEO) Satya Nadella.

The company will impart AI skilling opportunities and training to individuals in Tier-2 and Tier-3 cities, as well as rural areas. The company said that the move will unlock inclusive socio-economic progress in the country. 

“Microsoft unveiled a significant skilling initiative in India, aiming to equip 2 million people with AI skills by 2025. The ADVANTA(I)GE INDIA initiative is part of Microsoft’s Skills for Jobs program, which is designed to empower India’s workforce with future-ready skills,” said the company in a statement.

The Indian-origin CEO of Microsoft made the announcement while delivering a keynote address in Mumbai on the first leg of his annual India visit.

The company said that the plan will be executed in partnerships with governments, nonprofit and corporate organisations and communities. 

Under the initiative, it will partner the Ministry of Skill Development and Entrepreneurship and 10 state governments to impart basic and advanced AI training to 5 Lakh students and job seekers. Another 1 Lakh women will be trained in “in-depth AI technical skills training” in Tier-2 and Tier-3 cities.

The company also said that an additional 4 Lakh students in the country’s remote and tribal regions will be trained to raise awareness on responsible AI use and AI-enabled careers.

Under the company’s existing partnership with the National Programme for Civil Services Capacity Building, Microsoft will also train 2.5 Lakh government officers on ‘essential knowledge’ of GenAI. 

“This partnership will help enhance the productivity of government officers and transform digital governance in rural India. It will also build capabilities for investments in the next generation of AI-enabled citizen services, meeting citizens where they are located,” said the company in a statement. 

Another 7.5 Lakh Indians will be trained in AI fluency and technical skills as part of the US-based company’s upcoming Nonprofit Leaders Summit slated in April 2024. 

Meanwhile, the Microsoft CEO also reportedly urged both India and US authorities to build consensus and cooperate on framing norms to regulate the AI space. 

“I hope consensus (on framing AI rules) emerges and that is what really helps, in some sense, (with) the diffusion of this technology,” Nadella was quoted as saying by Reuters. He further added that this diffusion of AI globally would lead to “equal distribution of economic growth”.

Reacting to concerns about job losses on account of AI-led automation, Nadella, at a different event, said that India possessed both the policy and the tools to effectively manage the transition to AI in a positive manner. 

The development comes at a time when AI, especially generative AI, has become the flavour of the season among investors. VCs and PEs are bullish about the emerging technology owing to its wide use-cases and applications. 

As per Inc42 data, India is home to more than 70 generative AI startups that have raised more than $440 Mn since 2019. 

Powering the nascent ecosystem is the small but growing AI talent pool in the country. As per a report, AI will necessitate the reskilling and upskilling of 16.2 Mn workers in India by 2027, and could 4.7 Mn new tech jobs in the country during the same period.





Source link

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link