Tag: xAI

36% of Indian Enterprises Budget for GenAI: EY Report

A recent survey conducted by multinational professional services firm Ernst & Young (EY) revealed that 36% of enterprises in India have started budgeting and investing in Generative AI (GenAI), while another 24% are experimenting with the technology. The study highlights that while AI adoption is picking up pace, businesses are still in the early stages of realizing its full potential. Gen AI Adoption Gaining Traction EY’s...

STPI Launches Incubation Hub in Kolkata for IT Startups

The Software Technology Parks of India (STPI), under the Ministry of Electronics and Information Technology (MeitY), has inaugurated a new incubation facility in Salt Lake, Kolkata, marking a significant step towards fostering innovation and promoting IT exports from West Bengal. The facility was inaugurated by Shri Jitin Prasada, Hon’ble Minister of State for Commerce & Industry and Electronics and IT. This initiative aligns with the...
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