boston consulting group

 Intel on Wednesday said it was forming a new independent company around its artificial intelligence software efforts with backing from digital-focused asset manager DigitalBridge Group and other investors. Intel executives would not comment on the value of the deal or whether it would retain a majority stake in the new venture, other than to say the firm would have an independent board of directors and the chipmaker would remain a shareholder. The new entity, which will not be publicly traded and will be called Articul8…

Generative artificial intelligence and its impact on jobs and employment has been a constant debate ever since the new technology sprang up. The educated estimate is that AI is going to make some jobs obsolete, but it will also create new opportunities. However, one particular aspect where not much research has taken place is how AI and humans working together can impact work. This changed with a recent study that monitored the employees of the Boston Consulting Group (BCG) to find out the compounding effect of an…

A Microsoft logo is displayed at the MWC (Mobile World Congress) in Barcelona on March 2, 2022.Photo: JOSEP LAGO/AFP (Getty Images)Microsoft president and vice chair Brad Smith wants thousands of companies to shift from pledging to help solve climate challenges to actually making good on those promises. These companies can’t rise to meet the challenge unless their workers are trained in sustainability, he wrote in a company statement this week.“Employers must move quickly to upskill their workforce through learning…

India's central bank is unlikely to extend deadline for businesses to set up an additional layer of security for consumers' credit card data even after some concerns remain over payments failing and revenue losses, say bankers and merchants. Despite a demand by smaller merchants to delay the compliance date, there has been no indication so far by the central bank that there is likely to be an extension in deadline, three banking and merchant sources with knowledge of the matter told Reuters. The Reserve Bank of India…

Indian fintech market has received $29 billion in funding across 2,084 deals to date (January 2017-July 2022), gaining 14% share of the global funding and No 2 spot on the deal volume, a new report has said.India's Cagr in the fintech sector grew by 20 per cent, which was higher than that of the US, the UK, and China which witnessed a growth of 16%, 15%, and 105, respectively, according to 'State of the Fintech Union 2022' report by the Boston Consulting Group (BCG) and Matrix Partners India.With 7,460 fintech companies,…