logo
Gen AI adoption in India nearly universal, but training alone unlikely to bridge skills gap, says AWS survey

Gen AI adoption in India nearly universal, but training alone unlikely to bridge skills gap, says AWS survey

The Hindu5 hours ago

98% of organisations in India are using Generative AI tools and most are developing Gen AI training plans, but there is a limited understanding of employees' skilling needs, according to a study commissioned by Amazon Web Services (AWS) in collaboration with Access Partnership.
The study that surveyed 415 senior IT decision-makers in India across industries noted that 83% of organisations in India have appointed a dedicated AI executive, usually a Chief AI Officer (CAIO), to focus on adoption and implementation. Another 15% are planning to do so by 2026, according to the survey.
However, the surveyed IT decision makers cited challenges such as limited understanding of employees' Gen AI skilling needs, uncertainty about effective implementation, and budget limitations.
'Given these limitations, training alone is unlikely to bridge the skills gap,' noted AWS in a press note.
Even so, Generative AI talent is expected to be in widespread demand in almost all organisations in India, per the survey.
AWS shared it had launched a Generative AI Innovation Center through a $100 million investment in order to help organisations access AWS AI expertise and experts through free workshops and training.
AWS previously said it planned to invest $12.7 billion into cloud infrastructure in India by 2030. Between 2016 and 2022, AWS invested $3.71 billion in India.
'We see a growing recognition of AI as a transformative technology that requires strategic leadership at the highest levels and a structured approach to change management,' said Satinder Pal Singh, Head of Solution Architecture, AWS India and South Asia, as he highlighted AWS' 'long-standing commitment to India.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rare Earth crisis deepens: China's shipments sink to five-year low; down 74% YoY in May
Rare Earth crisis deepens: China's shipments sink to five-year low; down 74% YoY in May

Time of India

time15 minutes ago

  • Time of India

Rare Earth crisis deepens: China's shipments sink to five-year low; down 74% YoY in May

AI image China's overseas shipments of rare earth magnets fell sharply in May, dropping to their lowest level in more than five years as export restrictions and heightened customs scrutiny disrupted global supply chains. According to data from the General Administration of Customs, China exported just 1,238 metric tons of rare earth permanent magnets last month, a 52.9% drop from April and the weakest monthly figure since February 2020. Compared to May 2024, shipments were down 74% year-on-year. April's exports had already halved from March, marking a sustained downward trend that has unsettled industries worldwide, including automotive, aerospace, semiconductors, and military equipment manufacturing, reported Reuters. China, which produces more than 90% of the world's rare earth magnets, began enforcing restrictions in early April on the export of seven types of medium-to-heavy rare earth products and certain magnets. While the move was intended to assert control over strategic resources, it has created confusion at customs, especially since a single customs code covers a wide range of magnet chemistries. Sources familiar with the situation told Reuters that Chinese customs officials have become increasingly cautious in processing rare earth shipments, particularly those used in appliances and consumer electronics. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Paras Sector 59 Gurgaon | Paras Floret Low-Rise Flats Birla Book Now Undo They added that officials are unsure how to interpret and apply Beijing's export control rules. China's ministry of commerce announced Thursday that 'a certain number' of export license applications had been approved, though no details were provided. Meanwhile, Chinese producers such as JL MAG Rare-Earth and Innuovo Technology have confirmed recently that they secured limited export licenses for some clients. Despite efforts to ease bottlenecks, overall exports of rare earth magnets for the January-May period stood at 19,132 metric tons, down 14.5% from the same period in 2024, the lowest five-month total since 2021. Earlier this month, Beijing agreed to expedite the export approval process as part of a broader effort to de-escalate trade tensions with the US. However, industry insiders say customs delays and regulatory ambiguity continue to hinder shipments. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

South Korea says SK and Amazon to invest $5 billion in country's biggest data centre
South Korea says SK and Amazon to invest $5 billion in country's biggest data centre

Time of India

time20 minutes ago

  • Time of India

South Korea says SK and Amazon to invest $5 billion in country's biggest data centre

South Korea's SK Group will invest around 7 trillion won ($5.11 billion), including $4 billion from Amazon Web Services , Amazon's cloud services provider, to build a data centre in the southern city of Ulsan , the Science Ministry said on Friday. The AI data centre , which will be the country's largest, will break ground in September and be fully operational with a capacity of 100 megawatts by 2029, the ministry said in a statement. SK Group Chairman Chey Tae-won said he planned to expand the data centre's capacity to one gigawatt in the future and make it a global hub that handles domestic AI demand during a meeting attended by President Lee Jae Myung and tech CEOs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo Artificial intelligence was crucial for South Korea's growth, he said. "It may set a good example that South Korea's high-tech industry is possible not only in the metropolitan area but also in the provinces," Lee said. Live Events South Korea's AI-related stocks on Friday extended a rally on policy optimism, with SK Hynix rising more than 3%, Kakao surging 11%, and LG CNS gaining 9%, leading the benchmark KOSPI above a key milestone of 3,000 points for the first time in 3-1/2 years. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The official announcement follows media reports earlier this month that SK Group and Amazon Web Services were building a data centre in South Korea. ($1 = 1,368.7600 won)

Dy CM KV Singh Deo meets ex-UK PM Tony Blair, signs pact on sustainable energy solutions
Dy CM KV Singh Deo meets ex-UK PM Tony Blair, signs pact on sustainable energy solutions

New Indian Express

timean hour ago

  • New Indian Express

Dy CM KV Singh Deo meets ex-UK PM Tony Blair, signs pact on sustainable energy solutions

BHUBANESWAR: Deputy chief minister KV Singh Deo on Thursday met former prime minister of the United Kingdom and executive chairman of Tony Blair Institute for Global Change (TBI), Tony Blair, in New Delhi and discussed collaborations for implementing sustainable energy solutions in Odisha. The state government signed a tripartite letter of intent (LoI) with the Indian Institute of Technology, Kanpur and TBI. As per the LoI, Odisha will take the leadership for setting up a community of practice for energy ministers from various states of India. A conference of energy ministers of all the states is scheduled to be held in Odisha later this year. Praising Odisha for pioneering reforms in the electricity sector, Blair said the state has attracted significant investments in renewable energy in the last one year. He also noted that Odisha faces typical challenges because of mineral-based industries and thermal power plants, and expressed readiness for continued collaboration with the state to accelerate sustainable energy solutions. Singh Deo reiterated Odisha's commitment to a low carbon future and achieving net zero. The state will adopt a strategic approach aligned to best international standards, he said. The issue of distress migration, particularly from the western parts of Odisha was also discussed in the meeting. The TBI has supported the state government in formulating the artificial intelligence (AI) policy which has recently been approved by the cabinet. Country director of TBI, Vivek Agarwal, dean IIT-Kanpur Prof Sachidanand Tripathy and additional secretary in Energy department Debidutta Tripathy signed the agreement.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store