We are organizing a free, hands-on workshop on oneAPI AI Analytics Toolkit on June 17, 2021. This is done in collaboration with Intel®.

oneAPI addresses one of the biggest challenges developers face today – an ML model developed to run on a CPU has to be reframed/ rewritten to be executed on GPU or FPGA. Register for the workshop here. 

Also, we are organising a live Fireside Chat on 1st June with senior management of Tredence, to understand Tredence’s unconventional approach to talent acquisition, its hiring process, and upskilling opportunities.

Last year, the company raised $30 million to build AI capabilities, expand globally, and hire deep talents across the verticals. Register for Tredence Unplugged.

1

Google I/O 2021

This week, Google kicked off its flagship I/O event and made some interesting announcements especially about machine learning and artificial intelligence.

One of the biggest announcements at the event was that of its powerful language model— LaMDA, short for Language Model for Dialogue Applications. LaMDA is built on a Transformer, the same architecture that powers the ubiquitous BERT model. 

What To Expect From Google I/O 2021 Conference

All The AI Announcements From Google I/O Keynote 2021

All The Latest ML Developments Announced At Google I/O

2

Analytics India Industry Study 2021

We have released our 7th annual research report - ‘Analytics India Industry Study’ for 2021. The report provides an overview of the analytics market in India and its break up across sectors, geographies, company sizes, work experience, and demographics.
Here are some key insights:
1. The analytics domain accounts for 23.4% of the Indian IT/ITES market size in 2021. This proportion has increased from the 19.0% share last year. With the current expected CAGRs (21.2% for analytics; 8.1% for IT), the analytics industry will contribute to 41.5% of the IT/ITES market by 2026
2. The Banking, Financial Services, and Insurance (BFSI) sector contributes to approximately 13.9% of the total analytics market – the total includes the market share of IT/ITES and consultancy firms.
3. Bengaluru again led the way to the largest contribution to the analytics market among the major cities at 30.3 %, followed by Delhi and Mumbai at 26.2% and 23.4%, respectively.
4. More than half ( 51.6 %) of the market share of analytics services to foreign countries was garnered from the US.

3

The Need For More Women In Tech

We met up with two women who have embraced tech and data in their work-life to ask them about the need for women in technology and the impact scholarship schemes like the one Praxis has launched will have on this. The two women are Mathangi Sri, Head of Data – GoFood at Gojek and a recipient of the AIM Top 10 Data Scientists in India honour, and Dr Sayantani Roy Choudhury, Associate Professor at Praxis Business School and a recipient of the AIM Best Women Faculty (in Data Science) Awards.

The complete interview.

4

Featured Video|Women in AI Leadership Awards

5

Behind India’s AI Patent Boom

The number of AI patent applications from India, a reliable measure of innovation today, is on par with many powerful countries. According to the latest CSET report on ‘Mapping India’s AI potential', there were ten times as many AI-relevant patent applications in 2018 compared to 2012.

Personal devices and computing, business, telecommunications, and life sciences are the four largest categories for AI patents in India, the report showed. These four categories account for more than 70% of India’s AI patents. Though India’s AI patents numbers have gone up, the country still lags behind China and the United States. 

6

Hands-On Guides for ML Developers

+ Beginners Guide To Linear Regression In Python

+ Implementing A Recurrent Neural Network (RNN) From Scratch

+ Beginners Guide To Logistic Regression In Python

+ Guide To OpenPyXL: A Python Module For Excel

+ Comprehensive Guide To Ensemble Methods For Data Scientists

7

PEOPLE & STARTUPS

+ 70-80% Enterprises Struggle With Uniform AI & Data Stack: Rohit Maheshwari, Subex

+ Interview With Srikanth Phalgun Pyaraka, Chartered Data Scientist

+ The Secret Life Of Navdeep Jaitly: How This ex-Google Brain Researcher Fell In Love With Algorithms

+ Inside Decentro, An API Platform For Banking Integrations

+ How Sports Analytics Company Stupa Transforms The Way Players Train

+ Tech Behind Good Little Robots, A Startup Providing MarkTech Solutions & Vehicle Detection Services

8

Israel’s Iron Dome 

Palestinian militant groups fired over 2,000 missiles at Israel in the ongoing conflict. Israel’s sky was blazing with enemy missiles intercepted by counter missiles from its Iron Dome Aerial Defense System.

The AI-powered anti-missile system is reportedly 90 percent effective. Developed by Rafael Advanced Defense Systems and Israel Aerospace Industries, the Iron Dome is designed to spot, counter and destroy rockets and 155mm artillery shells fired from 2.5 miles to 43 miles range.

9

Who Should Hold The Key To The Powers Of AI

Before GPT-3 hogged the limelight, the world was both in awe and terrified by the possibilities of Deep Fake. Deep Fakes can be used to generate painting, morph images, videos and can even pose a threat to national security. The disadvantages outweigh the advantages.

Should the decisions like releasing something as powerful as GPT3 and other AI breakthroughs be held accountable for their usage?

10

BOTTOM OF THE NEWS

Here's what all happened last week.

+ Credit Suisse To Hire 1,000 IT Employees In India This Year

+ AI-Powered Influencer Marketing Platform Affable.ai Raises $2 Mn

+ AI-Based WealthTech App Pickright Technologies Raises $200K

+ VMware Appoints Raghu Raghuram As New CEO From June

+ Coursera Announces Free Online Courses For India To Upskill During Second Wave