On Tuesday, Deloitte announced the opening of its global artificial intelligence (AI) market incubator, which will support Indian and international businesses and foster innovation in generative AI.
The company said in a statement that the AI incubator will leverage the in-depth industry knowledge and AI expertise of their professionals, including data scientists and engineers. To ensure speed, lower time to market, and instant value generation in crucial projects, these professionals collaborate using a multidisciplinary model based on design thinking, the release said.
According to Deloitte, it has signed over 100 firms in the last six months and presently has active global engagements in the fields of medicine discovery, customer experience, content creation, and personal avatars.
According to Deloitte, the establishment of the Global Generative AI Market Incubator is also in line with the government’s broad strategy for fostering digital talent and prospects fueled by AI.
Sathish Gopalaiah, president, consulting at Deloitte India said, “Through this initiative, we aim to resolve unique industry cases by providing the right strategy and drawing on the strengths of our collaboration with alliance partners.”
In order to assist businesses with strategic breakthroughs, talent development, and a collaborative alliance ecosystem, Deloitte established its generative AI practice in India in June. The practice will assist clients in comprehending the dangers, limitations and ethical problems related to generative AI, during the creation, implementation, and commercialization of AI solutions.