#GenAI in India
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GenAI in India: Tech Industry Partnerships Catalyze Adoption
The likes of IBM, Tech Mahindra, Google Cloud, Netapp, Deloitte, ServiceNow and the likes are all jumping into the GenAI bandwagon. APAC News Network explores the dynamics of some of these partnerships.
GenAI or Generative AI is fast gaining grounds in India, especially in terms of acceptance by different stakeholders. These include the different enterprises across different verticals using GenAI in different facets of their businesses. Another stakeholder has been the Indian GenAI-based SaaS startups whose numbers too are rapidly rising every year. Add to this the IT services giants and software giants who too are jumping into the GenAI bandwagon. Last but not the least, the government too is supporting the GenAI revolution with proactive policy formation and creating appropriate implementation environment in the country.
Worldwide there is an explosion in the number of Gen AI-native SaaS companies and a surge in investment capital, with over $12 billion funneled into 60+ emerging domains in FY23 alone. The Indian players, on the other hand, raised $590 million in funding during the same time period. While globally there are 259 generative AI startups as of 2024, in India there are around 20+ pure-play generative AI startups.
Also Read More Here : https://apacnewsnetwork.com/2024/04/genai-in-india-tech-industry-partnerships-catalyze-adoption/
#GenAI in India Tech Industry Partnerships Catalyze Adoption#GenAI in India#Tech Industry Partnerships Catalyze Adoption#Sandip Patel#MD#IBM India#Sandip Patel MD IBM India#Chetan Krishnamurthy#VP#Ecosystem and Digital Sales#Asia Pacific#IBM#Chetan Krishnamurthy VP Ecosystem and Digital Sales Asia Pacific IBM#Karthik Rajaram VP & GM Elastic India#Sunil Gupta#Co-Founder#MD and CEO#Yotta Data Services#Sunil Gupta Co-Founder MD and CEO Yotta Data Services#Pravjit Tiwana#SVP & GM#Cloud Storage#NetApp#Pravjit Tiwana SVP & GM Cloud Storage NetApp#Anshul Shrivastava CEO Vodex#Bhaskar Majumdar Managing Partner Unicorn India Ventures
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India Leads Global Generative AI Adoption: 81% of Enterprises Implement Solutions
India emerges as a leader in AI, with 81% of firms adopting GenAI for efficiency in sectors like healthcare and finance, driving innovation and investment.
#thecioconnect#OnlineBusinessMagazine#BusinessMagazine#businessleaders#GenAI#AIGrowth#India#DigitalTransformation#Enterprises
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10 Profitable Indian Startups: A SWOT Analysis.
The steady growth of the Indian economy and the spurt in consumer index has given rise to numerous startups or online-native companies over the last decade or so. Some of these companies garnered recognition from consumers and international investors and soon became giants. For some, after the initial euphoria of high valuations and brand equities, they have got mired in controversies. There are a few who have moved silently and are today witnessing profits on their bottomlines.
ALSO READ MORE- https://apacnewsnetwork.com/2024/07/10-profitable-indian-startups-a-swot-analysis/
#10 Profitable Indian Startups#10 Profitable Indian Startups: A SWOT Analysis#10 Profitable Startups#10 Profitable Startups Indian#A SWOT Analysis#analyzes 10 Profitable Indian Startups#BillDesk#BillDesk India’s Preferred Payment Gateway#Capitalizing on Indian Cricket’s Dream Run#CEO & Founder at Nykaa#Chai pe Charcha Through GenAI#Co-Founder at Zerodha#Democratizing Stock Investing#Dream11#Dream11 Profitable Indian Startup#Dream11: Capitalizing on Indian Cricket’s Dream Run#EaseMyTrip#EaseMyTrip Rise of the Online Travel Agent#Falguni Nayar#Falguni Nayar CEO & Founder at Nykaa#Founder & CEO at Zerodha#Gupshup#Gupshup Chai pe Charcha Through GenAI#India’s Preferred Payment Gateway#Inframarket#Inframarket Construction Sector Gets a Digital Makeover#Mamaearth Eco-Friendly Touch for Babies and Moms#Nikhil Kamath#Nikhil Kamath Co-Founder at Zerodha#Nithin Kamath
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Deloitte and Yotta Data Services Revolutionize AI Development in India with GenAI Collaboration
Deloitte and Yotta Data Services Revolutionize AI Development in India with GenAI Collaboration #Deloitte #YottaData #GenAI #NVIDIA #GPUcomputing #AI #digitaltransformation #India
Deloitte India and Yotta Data Services have forged a transformative alliance to propel India’s AI landscape forward. This collaboration leverages Deloitte’s profound expertise in artificial intelligence (AI) and Yotta’s state-of-the-art GPU cloud platform to empower businesses and governments in India to develop innovative GenAI applications. As India embarks on a digital transformation journey,…
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#AI services#Artificial Intelligence#Deloitte#Digital Transformation#GenAI#GPU computing#India#NVIDIA#Yotta Data Services
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Avid Learning’s Exciting Upcoming Events in November and December 2024
Avid Learning is known for curating diverse, enriching experiences that blend culture, art, technology, and literature. The lineup for November and December 2024 promises an unforgettable mix of performances, workshops, and discussions. Whether you're a fan of classical music, interested in cutting-edge technology, or drawn to literature and environmental conversations, these events are sure to captivate your interests.
This season, Avid Learning continues to uphold its reputation as a premier platform for intellectual and artistic engagement. Here’s what’s in store:
1. PUCCINI CENTENARY – A NIGHT OF HIS GREATEST ARIAS
When: Friday, 29th November 2024, 7:00 PM - 8:30 PM Where: Royal Opera House, Mumbai Tickets: Rs. 499/- onwards
Music lovers in Mumbai are in for a treat with this evening dedicated to the legendary Italian composer Giacomo Puccini. To commemorate 100 years since his passing, this event will feature some of his most celebrated arias from masterpieces like La Bohème, Tosca, and Madama Butterfly.
Performers Maria Pia Piscitelli, Renzo Zulian, Pier Luigi Dilengite, and Linda Di Carlo will bring these timeless compositions to life. The collaboration between Avid Learning and esteemed cultural organizations guarantees a night of transcendent music. If you’re looking for upcoming concerts in Mumbai that offer a blend of history and art, this is an event not to miss.
2. CREATIVE ALGORITHMS: HOW TO ACE YOUR WRITING USING GENERATIVE AI
When: Saturday, 30th November 2024, 10:30 AM - 2:00 PM Where: Essar House, Mahalaxmi, Mumbai Tickets: Rs. 2500/-
The rise of Generative AI (GenAI) has transformed how we approach creativity, and this workshop dives deep into its potential. Led by Sapna Gupta, this masterclass focuses on enhancing business communication and creative writing skills using AI.
Participants will gain insights into structuring ideas, refining drafts, and tailoring content to various audiences. Whether you're crafting professional emails or brainstorming content strategies, this workshop offers actionable tools for everyday writing challenges.
For those interested in technology events in India, this session presents a valuable opportunity to learn how technology can augment creativity.
3. WARRIORS: AN EVENING OF MALLAKHAMB, KALARIPAYATTU, AND NEW AGE MUSIC
When: Saturday, 30th November 2024, 7:00 PM - 8:30 PM Where: Royal Opera House, Mumbai Tickets: Rs. 499/- onwards
Step into an immersive experience that brings together the ancient traditions of Mallakhamb and Kalaripayattu, paired with the evocative sounds of new-age music. Directed by Benjamin Knapton and featuring musician Donn Bhatt, this performance is a blend of athleticism and artistry.
This event celebrates India's rich cultural heritage while reimagining it for contemporary audiences. The unique fusion of traditional performing arts with modern music showcases the boundless potential of cross-genre collaboration.
For those seeking upcoming concerts or cultural events with a unique twist, this promises an evening of awe-inspiring creativity.
4. SPEAKING WITH NATURE: THE ORIGINS OF INDIAN ENVIRONMENTALISM
When: Thursday, 5th December 2024, 6:30 PM - 8:00 PM Where: Royal Opera House, Mumbai Tickets: Free
This thought-provoking book launch and panel discussion delve into the roots of Indian environmentalism. Highlighting pioneering figures like Rabindranath Tagore and J.C. Kumarappa, the event examines how their ideas laid the foundation for sustainable practices long before global movements gained traction.
In the context of current challenges such as urbanization and climate change, this discussion offers a vital perspective on India’s ecological legacy. The event invites literature enthusiasts and environmental advocates to engage in meaningful dialogue about the past and its relevance to today’s issues.
For fans of literature events in Mumbai, this is a compelling opportunity to deepen your understanding of the intersection between culture and environmental thought.
Why Attend Avid Learning Events?
These events highlight Avid Learning’s dedication to fostering dialogue and collaboration across disciplines. From the timeless appeal of opera to the practical application of AI in writing, each program offers a unique lens to explore culture, creativity, and innovation.
Attendees can look forward to enriching experiences that not only entertain but also inspire deeper thinking about art, technology, and society.
Tips for Booking and Attendance
Early Registration: Popular events like these tend to sell out quickly. Secure your spot by booking tickets well in advance.
Plan Your Visit: The Royal Opera House is a historic venue worth exploring. Arrive early to take in its architectural beauty before the events begin.
Networking Opportunities: Whether attending a concert, workshop, or panel discussion, these events are a great way to connect with like-minded individuals.
Stay Updated: Follow Avid Learning on social media for updates on future programs, including more upcoming concerts in Mumbai and technology events in India.
Avid Learning's Impact on Mumbai’s Cultural Scene
Avid Learning has consistently played a pivotal role in enriching Mumbai’s cultural landscape. Through partnerships with global and local organizations, it bridges the gap between tradition and innovation, offering audiences access to high-quality programming.
As the year winds down, these upcoming events serve as a testament to Avid Learning’s commitment to creating spaces where art, technology, and literature converge. Whether you’re a regular attendee or a first timer, these programs promise to leave a lasting impression.
Mark Your Calendars
Here’s a quick recap of the highlights:
Puccini Centenary: A tribute to the maestro of Italian opera on 29th November 2024.
Generative AI Workshop: Unlock your creative potential with AI tools on 30th November 2024.
Warriors Performance: Experience the synergy of ancient traditions and new-age music on 30th November 2024.
Speaking with Nature: A deep dive into India’s environmental legacy on 5th December 2024.
Whether you're drawn to the resonant notes of Puccini’s arias or curious about leveraging AI in your daily life, Avid Learning has something for everyone. These events not only celebrate creativity and innovation but also offer a chance to engage with Mumbai’s vibrant cultural fabric.
Secure your spot today and make the most of this inspiring lineup.
Website: https://avidlearning.in/
Email: [email protected]
Contact: +919769937710
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GenAI A Top Priority For 70 Per Cent Global Capability Centres In India: Report
Mumbai: The adoption of Artificial Intelligence (AI) within Global Capability Centres (GCCs) in India is accelerating, with nearly 70 per cent of centres investing in generative AI (GenAI), according to a report on Wednesday. The EY India GCC Pulse Survey 2024, based on insights from 88 GCCs in India, reveals that 78 per cent of GCCs are upskilling teams for GenAI adoption, while 37 per cent are…
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[ad_1] Whatfix, a global leader among digital adoption platforms (DAPs), has entered into a strategic alliance agreement with Deloitte Touche Tohmatsu India LLP (Deloitte India).The strategic partnership between Whatfix and Deloitte India combines Whatfixs advanced digital adoption platform (DAP), simulation tools, and enterprise analytics with Deloitte India's industry expertise to accelerate digital transformation, enhance user experiences, and optimize technology investments. This collaboration brings together Deloitte's consulting strengths and Whatfix's GenAI-powered, data-driven solutions to unlock value from tech stacks and address key challenges such as change management, enterprise agility, ERP optimization, and digital transformation across sectors including finance, consumer goods, technology, healthcare, energy, and public services. Additionally, the alliance will support the next generation of Whatfix experts through upskilling and certification, with 5 certified Whatfix Technology Advocates already trained and 20 more on track."In today's rapidly evolving marketplace, digital adoption is not just an option but a necessity for businesses to stay competitive. Implementing a digital adoption tool requires careful consideration of technology architecture to enable seamless integration with existing systems of the organization. By empowering the workforce with intuitive tools and real-time guidance, businesses not only embrace change but drive it," said Salman Siddiqui - Partner, Deloitte India. "A digital adoption solution goes beyond staying competitive; it redefines success in a digital-first world, acting as a catalyst for maximizing efficiency, minimizing user frustration, and achieving unparalleled success in the digital transformation journey.""Our partnership with Deloitte India represents a shared vision to redefine the user experience through technology," said Vispi Daver, Chief Revenue Officer at Whatfix. "We are committed to empowering organizations to maximize their technology investments while placing the customer at the center of their digital transformation journey. This commitment is propelled by Whatfixs leading Digital Adoption Platform (DAP) and our expanding product portfolio-including Product Analytics with Enterprise Insights and Mirror-with Deloitte Indias deep industry expertise."Vinay Prabhakar, Deloitte South Asia Sales and Alliance Leader, added, "At Deloitte, we believe that true innovation happens when we collaborate, explore, and identify solutions for the 'art of the possible'. Our alliance with Whatfix combines our expertise with their analytics solutions to co-create a future where technology empowers businesses through data. With this association, our alliance ecosystem grows even stronger, which enables us to tackle the most pressing challenges in the market and drive impact by navigating complex challenges."Whatfix recently announced raising $125 million in Series E funding. It is the only DAP recognized as a "Customer's Choice" in Gartners Voice of Customer report and has consistently earned "Leader" status by IDC, Forrester, Gartner, and Everest Group. Whatfix has also been listed as the top DAP by Deloitte Technology Fast 500 for three consecutive years. The company's data-driven product suite, powered by AI, offers an enhanced userized digital experience and supports 700+ customers, including over 80 Fortune 500s globally.About WhatfixWhatfix is advancing the "userization" of application technology, by empowering companies to maximize the ROI of digital investments across the application lifecycle. Powered by GenAI, Whatfix's product suite includes a digital adoption platform, simulated application environments for hands-on training, and no-code analytics for applications and enterprises. Whatfix enables organizations to drive user productivity, ensure process compliance, and improve user experience of internal and customer-facing applications. With seven offices across the US,
India, UK, Germany, Singapore, and Australia, Whatfix supports 700+ enterprises, including 80+ Fortune 500s like Shell, Microsoft, Schneider Electric, and UPS Supply Chain Solutions. Backed by investors such as SoftBank Vision Fund 2, Dragoneer, Peak XV Partners, and Cisco Investments, software clicks with Whatfix. For more information, visit the Whatfix website.About DeloitteDeloitte Touche Tohmatsu India Private Limited (a private company limited by shares was converted into Deloitte Touche Tohmatsu India LLP, a limited liability partnership with effect from October 1, 2015Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms. [ad_2] Source link
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[ad_1] Whatfix, a global leader among digital adoption platforms (DAPs), has entered into a strategic alliance agreement with Deloitte Touche Tohmatsu India LLP (Deloitte India).The strategic partnership between Whatfix and Deloitte India combines Whatfixs advanced digital adoption platform (DAP), simulation tools, and enterprise analytics with Deloitte India's industry expertise to accelerate digital transformation, enhance user experiences, and optimize technology investments. This collaboration brings together Deloitte's consulting strengths and Whatfix's GenAI-powered, data-driven solutions to unlock value from tech stacks and address key challenges such as change management, enterprise agility, ERP optimization, and digital transformation across sectors including finance, consumer goods, technology, healthcare, energy, and public services. Additionally, the alliance will support the next generation of Whatfix experts through upskilling and certification, with 5 certified Whatfix Technology Advocates already trained and 20 more on track."In today's rapidly evolving marketplace, digital adoption is not just an option but a necessity for businesses to stay competitive. Implementing a digital adoption tool requires careful consideration of technology architecture to enable seamless integration with existing systems of the organization. By empowering the workforce with intuitive tools and real-time guidance, businesses not only embrace change but drive it," said Salman Siddiqui - Partner, Deloitte India. "A digital adoption solution goes beyond staying competitive; it redefines success in a digital-first world, acting as a catalyst for maximizing efficiency, minimizing user frustration, and achieving unparalleled success in the digital transformation journey.""Our partnership with Deloitte India represents a shared vision to redefine the user experience through technology," said Vispi Daver, Chief Revenue Officer at Whatfix. "We are committed to empowering organizations to maximize their technology investments while placing the customer at the center of their digital transformation journey. This commitment is propelled by Whatfixs leading Digital Adoption Platform (DAP) and our expanding product portfolio-including Product Analytics with Enterprise Insights and Mirror-with Deloitte Indias deep industry expertise."Vinay Prabhakar, Deloitte South Asia Sales and Alliance Leader, added, "At Deloitte, we believe that true innovation happens when we collaborate, explore, and identify solutions for the 'art of the possible'. Our alliance with Whatfix combines our expertise with their analytics solutions to co-create a future where technology empowers businesses through data. With this association, our alliance ecosystem grows even stronger, which enables us to tackle the most pressing challenges in the market and drive impact by navigating complex challenges."Whatfix recently announced raising $125 million in Series E funding. It is the only DAP recognized as a "Customer's Choice" in Gartners Voice of Customer report and has consistently earned "Leader" status by IDC, Forrester, Gartner, and Everest Group. Whatfix has also been listed as the top DAP by Deloitte Technology Fast 500 for three consecutive years. The company's data-driven product suite, powered by AI, offers an enhanced userized digital experience and supports 700+ customers, including over 80 Fortune 500s globally.About WhatfixWhatfix is advancing the "userization" of application technology, by empowering companies to maximize the ROI of digital investments across the application lifecycle. Powered by GenAI, Whatfix's product suite includes a digital adoption platform, simulated application environments for hands-on training, and no-code analytics for applications and enterprises. Whatfix enables organizations to drive user productivity, ensure process compliance, and improve user experience of internal and customer-facing applications. With seven offices across the US,
India, UK, Germany, Singapore, and Australia, Whatfix supports 700+ enterprises, including 80+ Fortune 500s like Shell, Microsoft, Schneider Electric, and UPS Supply Chain Solutions. Backed by investors such as SoftBank Vision Fund 2, Dragoneer, Peak XV Partners, and Cisco Investments, software clicks with Whatfix. For more information, visit the Whatfix website.About DeloitteDeloitte Touche Tohmatsu India Private Limited (a private company limited by shares was converted into Deloitte Touche Tohmatsu India LLP, a limited liability partnership with effect from October 1, 2015Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms. [ad_2] Source link
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Is Apple losing its grip in China? With yet another year-on-year fall in iPhone sales now tucked rather uncomfortably under its belt, it's on increasingly shaky ground in the world's largest smartphone market—a market it once relied on for growth. Despite clawing its way back into the top five manufacturers (having slipped out of it entirely earlier this year), it's still losing a worrying amount of market share to growth from domestic brands like Huawei, OPPO, Honor, and Xiaomi.
And yet, in spite of this, Apple stocks recently hit a new all-time high. Why? The market has been buoyed by the belief that Apple Intelligence will coax the masses into buying a new phone, ending the curse of longer upgrade cycles. But in China, there’s a big problem with that idea.
Apple Intelligence currently can't launch there (or in Europe, for that matter), because it doesn't currently meet the country's very strict regulatory requirements around AI—one of the biggest issues being its heavy reliance on ChatGPT for some requests, which has been banned in China since February 2023.
Is there a solution? And if there is, will it involve compromises a US company should think twice about taking, even with tens or hundreds of billions of dollars on the line? Tim Cook doesn't think so.
"We’re engaged, as you would guess, with both regulatory bodies,” Cook said during a recent earnings call, referring to the European and China regulators.
“Our objective is to move as fast as we can, obviously, because our objective is always to get features out there for everyone. We have to understand the regulatory requirements before we can commit to doing that and commit a schedule to doing that.”
In this context, Apple’s decision to open up its biggest research center outside of the US in Shenzhen, China, earlier this month raises questions. At the very least, it could be seen as something of an olive branch—helping to heal the relationships that soured after it began shifting even more of its iPhone production to India earlier this year.
Perhaps this is precisely part of the necessary equation for Apple’s AI future in China. It needs to maintain favor in the way it simply does not in the West.
Key Challenges
“In China, Apple’s outlook remains stable as it still has a solid customer stickiness, but it won’t be an easy path. Cautious consumer sentiment and Huawei’s return with innovative products are the key challenges to Apple,” says Will Wong, senior research manager at IDC.
“Consumer sentiment” is a term heard quite regularly in relation to Apple’s position in China. The public often favors local brands as the better value and, at times, simply the better option.
In some, such feelings may have been turbocharged by the US government’s torpedoing of Huawei under Trump. In 2019 the Chinese mega-brand was not just competing for smartphone market supremacy in China, but globally. Then in May 2019, sanctions cut the ties between Huawei and Android-maker Google, eradicating Huawei phones’ appeal for almost all Western buyers.
Apple may not have chosen such a move, but it is as American as those Huawei sanctions nevertheless.
The timing of the Shenzhen research center also follows something of a pattern. Apple opened its first Chinese research center in 2016, which was also the year the company saw its first revenue downturn in 13 years.
“We do not have clear information about the focus of the new Apple research center in China,” says Wong. “Nevertheless, the initiative implies that China is still an important market to Apple, especially that it’s crucial to develop GenAI services that are dedicated to the local regulations and consumers’ needs.”
Those local regulations are numerous, at least compared to the light-touch, or even hands-off, approach taken to AI in the US and UK at present. At least a dozen sets of policies have been published since 2017 by various governing bodies, most notably the CAC, Cyberspace Administration of China.
“If a company wants to win in the AI era, the localized model training to inferencing, making sure of local context, partnerships, and regulations is key,” says Neil Shah of Counterpoint Research.
It is impossible for Apple to win this one on its own, though, thanks to yet another piece of Chinese legislation.
“There is still foreign investment access control, which applies to any internet-based business models. And this will mean a 50 percent maximum as foreign participation,” says Michael Tan, a partner at legal firm Taylor Wessing. He has worked on the subject of companies operating in and around China for more than two decades.
“In order to have this kind of AI feature offering for the market, you face quite a lot of regulatory hurdles, and particularly for American or foreign [companies], it could be very difficult. To arrive there they will have to team up with a local player,” says Tan. “I understand that for Apple products in that regard, they are currently talking to companies like Baidu.”
Siri, Meet Ernie
Baidu might be best described as the Chinese alternative to Google. It runs a search engine and launched its own AI assistant, Ernie, in 2019. Since then Ernie has amassed more than 300 million users, and was recently renamed to the more China-centric name of Wenxiaoyan.
Is the ghost of Ernie going to haunt Chinese iPhones? Apple may have no better choice.
“Amazon, they were more or less kicked out of the market, with their Cloud service,” says Tan, referring to Amazon’s attempted, and failed, launch of AWS (Amazon Web Services) in 2017. “If you want to run that as a full Amazon-owned business, it's not possible, so you have to team up with a local joint venture partner, as Microsoft has been doing.”
This would also be nothing new for Apple. China’s regulators began putting the squeeze on Apple as early as 2017, when new laws meant Apple’s own servers could no longer be used to run iCloud for Chinese users.
The solution was GCBD, Guizhou-Cloud Big Data, which is not just a Chinese company but a state-owned one. Seven years on, it still runs Apple’s China iCloud operations. The Chinese state is the steward of iPhone users’ emails, at least in a practical sense.
In 2021 The New York Times undertook an investigation into the compromises Apple has had to undertake to get along with the Chinese state. Those charges include compromising the security of users’ data, and the removal and barring of apps that don’t match the CCP’s content guidelines. It’s quite the read.
Tim Cook has publicly made peace with the lengths required to exist in the Chinese market.
"Your choice is: Do you participate, or do you stand on the sideline and yell at how things should be,” he said during a discussion on China during a 2017 Fortune Global Forum event. “My own view, very strongly, is you show up and you participate, you get in the arena because nothing ever changes from the sideline.”
Since then, though, the expectations of the level of Apple’s capitulation have only grown more onerous. Algorithms that determine what the public sees online or through AI have to be registered with the Chinese authorities, and new AI legislation is largely focused on controlling the exact public-interfacing models that Western tech companies want to get involved with.
“You need to file with regulators. You might need to submit a lot of details about things like coding … many tech companies may not be willing to do that,” says Tan.
The problem is, China can afford to put in place such measures because the power balance is in its favor—more so than ever.
“China is no longer just playing a following role in many technology fields," adds Tan. “It is already advancing and taking the leading role.”
Business as Usual?
From a Western view, the rules put in place for generative AI in China veer between the admirable and the worrying.
“The regulation includes a number of vague censorship requirements, such as that deep synthesis content ‘adhere to the correct political direction,’ not ‘disturb economic and social order,’ and not be used to generate fake news,” reads Carnegie Endowment’s paper on the state of affairs in 2023.
“Deep synthesis” is the term the CAC uses in place of generative AI. China’s restrictions would result in a Siri that wouldn’t talk about the Dalai Llama, that wouldn’t refer to Taiwan as a separate country or acknowledge the Uyghurs. And who knows what else.
Given the current lax state of Western LLMs, it’s hard enough to picture a chatbot that couldn’t be cajoled into saying China is a part of the sovereign state of Taiwan, let alone falling into line 100 percent of the time. But clearly many Chinese tech companies have managed to adhere to the restrictions, to the satisfaction of the regulators at least. In August 2024, the South China Morning Post reported 188 LLMs had been approved for use to date, up from just 14 in January 2024.
It could be argued that Apple effectively adopting a custom version of one of these LLMs to fill out China’s version of Apple Intelligence represents business as usual. Apple already censors the app store to comply with China’s policies. It already cooperates with local entities.
However, with Apple Intelligence generative AI positioned at the heart of iPhones and other devices, the company seems more at risk of being accused of being a little too embedded in the wants and whims of the Chinese state for comfort, for a US company.
In August, Zhuang Rongwen, director of the Cyberspace Administration of China, said generative AI, such as chatbots, was “forcefully driving economic and societal growth.” The New York Times’ 2021 report suggested the government didn’t really need Chinese iPhone users' data to surveil its citizens, as it already had stronger methods. But with GenAI, Apple may inadvertently become a more active participant in the CCP’s goals.
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AI Patent Trends Infographics from 2014 to 2023
This AI Patent Trends Infographics shows that the world of artificial intelligence (AI) is advancing at a breakneck pace, with Generative AI (GenAI) leading the charge. Between 2014 and 2023, we’ve witnessed a massive surge in AI patents, especially in the field of GenAI, which has emerged as one of the most transformative technologies of the modern age. From industries like life sciences and manufacturing to telecommunications and transportation, GenAI is spreading its influence far and wide. So, which countries are pioneering this technological revolution? Let’s dive into the numbers and see who’s driving innovation in AI in this infographics on AI patents by country.
China’s Dominance in GenAI Patents It’s no surprise that China is leading the race when it comes to GenAI inventions. Between 2014 and 2023, more than 38,000 GenAI inventions came from China alone. To put that in perspective, this figure is six times more than that of the second-place country, the United States. China’s dominance can be attributed to its aggressive investment in AI research and development, along with supportive government policies that encourage innovation.
What makes this even more impressive is how China has managed to expand its AI footprint across multiple industries. From life sciences to telecommunications, China is laying the groundwork for the future of AI-driven technologies, giving it a competitive edge on the global stage.
The United States: The Runner-Up While China may have surged ahead, the United States is still a strong contender in the AI patent race. Known for its robust tech industry and home to many of the world’s top AI companies, the US continues to push the boundaries of GenAI. Though the number of patents is lower compared to China, American companies have been instrumental in the development of foundational technologies, especially around neural networks and machine learning algorithms. Many of the most transformative AI advancements still come from Silicon Valley and top American research institutions.
India: Fastest Growing Player One of the most intriguing stories in AI patent growth comes from India, which has emerged as the fifth-largest hub for GenAI inventions. But what really sets India apart is its remarkable average annual growth rate of 56%—the highest among the top five global leaders in AI innovation. This rapid growth can be attributed to the country’s growing tech talent pool and its increasing focus on AI development, spurred by both private investments and government-backed AI initiatives.
India’s rise in the GenAI field is also significant because it signals a shift in the global AI landscape. With its fast-growing economy and vast resources, India could potentially become a future leader in AI, competing with the likes of China and the US in the coming years.
A Rapid Expansion Across Multiple Sectors What’s interesting is how quickly GenAI is spreading across various industries.
For example, 5,346 GenAI inventions have been registered in the life sciences sector, which highlights the role AI is playing in everything from drug discovery to genetic research. The document management and publishing industry has seen a similar boom, with 4,976 inventions registered in this domain. The fact that GenAI is impacting such a wide range of sectors showcases its versatility and its potential to revolutionize how businesses operate across the board.
GenAI Patents: A Small but Growing Slice of the AI Pie Despite the explosive growth, it’s worth noting that GenAI patents still only make up about 6% of all AI patents globally. This means that while GenAI is becoming increasingly important, the broader AI field continues to encompass a vast array of technologies beyond just generative models. However, given the rapid rise in GenAI patents (an eightfold increase since 2017), this percentage is likely to grow significantly in the coming years.
The 2017 introduction of the deep neural network architecture behind Large Language Models (LLMs), which are now synonymous with GenAI, was a turning point. Since then, the number of patents related to these models has skyrocketed. And as companies race to develop their own versions of these groundbreaking technologies, we can expect to see even more growth in this area.
What Does the Future Hold for GenAI? The world of GenAI is only just beginning to take shape, and the next decade promises even more dramatic advancements. With countries like China, the US, and India leading the way, we are poised to see breakthroughs in industries we can’t yet fully imagine. Whether it’s in autonomous vehicles, personalized medicine, or even advanced telecommunications, the possibilities are endless.
But with rapid growth comes challenges, especially around ethics and regulation. As GenAI becomes more integrated into everyday life, global leaders will need to work together to create frameworks that ensure responsible AI development. This is especially important in sensitive areas like data privacy, security, and employment, where AI could have far-reaching effects.
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Indian talent in tech industry
With a focus on maintaining its current talent strategy, IT giant Accenture is significantly investing in Indian talent for its technology sector, with plans to increase hiring in the country. Julie Sweet, CEO of Accenture, stated that the company’s primary recruitment efforts are centered in India.
“We are primarily hiring in India, with much of that focused on technology. This also allows us to refresh our workforce pyramid, bringing in new college graduates. So, our overall talent strategy remains unchanged,” Sweet explained during an investors’ call.
Significant Hiring in India
Accenture’s global workforce stands at 7.7 lakh employees, with over 3 lakh employees based in India, representing approximately 57% of the company’s total staff.
Accenture operates on a financial year running from September to August. During the 2025 fiscal year, the company made a net addition of 41,484 employees, including over 24,000 hires in the August quarter alone.
“We hire talent worldwide, and technology—one of the key drivers of our current growth—is where much of our hiring is concentrated, particularly in India,” Sweet further noted.
Rise in Gen AI Bookings
Accenture forecasts revenues for the first quarter of the 2025 fiscal year to range between $16.8 billion and $17.4 billion. In the third quarter, the company saw a five percent revenue growth compared to the same period in FY23-24.
“In the fourth quarter of FY24-25, Accenture secured GenAI bookings worth $1 billion. We achieved full-fiscal year new bookings totaling $81 billion, which includes a record 125 client bookings exceeding $100 million in a single quarter. Additionally, we now have 310 Diamond clients, representing our largest relationships,” said Julie Sweet, Accenture’s CEO. Read More-https://voiceofentrepreneur.life/
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PRODUCT MANAGEMENT INTERVIEW QUESTIONS
In today's fast-paced digital world, the demand for skilled product managers is higher than ever. Product management online courses offer a flexible and accessible way to acquire the skills needed to excel in this dynamic field. Whether you're looking for a product management certification or seeking the best online product management courses, this guide will help you navigate the options available, particularly focusing on courses in India.
Why Choose Product Management Online Courses?
Product management online courses provide numerous benefits. These courses offer flexibility, allowing you to learn at your own pace and on your schedule. They are often more affordable than traditional in-person courses and provide access to top industry mentors and practical assignments. Additionally, many of these courses offer live interactive classes, which can enhance your learning experience.
Key Features of the Best Online Product Management Courses
When looking for the best online product management courses, consider the following features:
Certifications: Ensure the course offers a recognized product management certification upon completion. This can significantly boost your resume and increase your job prospects.
Duration: Look for courses that fit your schedule. Many top courses offer 12-week programs with weekend sessions, making it easier for working professionals to participate.
Top Industry Mentors: Courses that feature mentorship from industry experts provide invaluable insights and guidance.
Practical Assignments: Hands-on experience is crucial in product management. The best courses include practical assignments that allow you to apply what you've learned.
Top Product Management Online Courses in India
1. Young Urban Project
Young Urban Project offers one of the best product management online courses in India. This course is designed to provide a comprehensive understanding of product management fundamentals, product discovery, and user research. The curriculum includes:
Product Vision Strategy and Competitive Analysis: Learn how to create a compelling product vision and perform competitive analysis.
Solution Ideation & Prototyping + UX Basics: Gain skills in ideation, prototyping, and understanding user experience basics.
Product Requirements & Specifications: Understand how to define product requirements and specifications.
Product Development & Delivery: Learn the process of product development and delivery.
Product Analytics and Optimization: Master the techniques of product analytics and optimization.
Product Growth and Marketing: Discover strategies for product growth and marketing.
Product Innovation & Experimentation: Explore innovative approaches and experimentation in product management.
Product Leadership and Management: Develop leadership and management skills specific to product management.
Tech Skills & GenAI for PMs: Acquire technical skills and understand the role of AI in product management.
Career Guidance Session: Receive career guidance to help you navigate your product management career path.
2. Institute of Product Leadership (IPL)
The Institute of Product Leadership in India offers an advanced product management course that is ideal for those looking to elevate their careers. The course includes modules on product strategy, user research, and competitive analysis, with a strong emphasis on practical learning through live projects.
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