Intel, Boston Consulting Group Team To Sell AI To Corporate Customers: Report

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Intel, Boston Consulting Group Team To Sell AI To Corporate Customers: Report


Last Updated: May 11, 2023, 08:26 IST

Boston Consulting Group (BCG) and Intel labored collectively on comparable expertise

Intel Corp and Boston Consulting Group on Wednesday stated they’re working collectively to promote generative synthetic intelligence instruments to huge companies.

Intel Corp and Boston Consulting Group on Wednesday stated they’re working collectively to promote generative synthetic intelligence instruments to huge companies.

Generative AI is the category of expertise behind standard chatbots like OpenAI’s ChatGPT that may reply to queries with human-like textual content. Google proprietor Alphabet Inc and Microsoft Corp are revamping their search engines like google and yahoo with AI expertise to supply solutions to questions relatively than lists of hyperlinks.

Boston Consulting Group (BCG) and Intel labored collectively on comparable expertise in order that BCG’s workers may put the group’s half century value of archives – a lot of which is within the type of studies and displays – to raised use. Previously, BCG workers carried out a key phrase search and needed to click on via every doc to see whether or not it contained what they had been searching for.

With the brand new system, the AI system can reply workers’ questions utilizing the archive or summarize total paperwork.

”We’re within the data enterprise and the experience enterprise. Rarely are we simply searching for one piece of one thing on the web page,” stated Suchi Srinivasan, a managing director and accomplice at BCG.

The system was developed on a supercomputer constructed by Intel with its Xeon central processors and Habana AI chips. Intel constructed the supercomputer and software program in order that BCG didn’t should share its information with Intel.

”The variety of instances Intel really noticed that information is zero,” stated Kavitha Prasad, Intel’s vp and common supervisor of information middle, AI and cloud execution and technique.

Intel and BCG stated they plan to start out promoting a number of the expertise they’ve developed to assist different firms to coach AI programs utilizing the client’s proprietary information, with out having to share it with Intel or BCG. Srinivasan stated the 2 will goal industries like monetary companies, which have strict guidelines over information storage and sharing.

(This story has not been edited by News18 employees and is printed from a syndicated information company feed)



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