empowering businesses to stay ahead in a competitive market. IBM's consulting business is facing global challenges as enterprises cut spends. How is it different in India?
Contrary to global trends, our consulting business in India continues to grow, thanks to our deep industry, technological, and domain expertise. Indian businesses are actively seeking robust tech solutions, skilled resources, and guidance to execute their digital strategies successfully. IBM's consulting team is well-positioned to meet these needs by delivering tailored solutions.
Compute costs for training AI models are high. How can companies reduce these expenses when building large language models (LLMs)? Adopting smaller, purpose-built AI models can significantly reduce compute costs while maintaining high performance. For instance, tools like InstructLab (an open-source project by IBM and Red Hat) enable fine-tuning smaller models with proprietary enterprise data. This approach delivers task-specific performance comparable to state-of-the-art large models while achieving cost savings of 3x to 23x, particularly in domains like finance, HR, and customer support.
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Amazon Eyes India Spinoff, IPO
WHEN CONTACTED, AN Amazon spokesperson declined to confirm the development, stating that the company does not respond to \"rumours and speculations\".
MFs Raise Exposure to Pvt Banks, NBFCs, Telecom in February
WITH AN 18.5% allocation, private banks remained the pick for mutual funds in February, followed by technology (9.3%), automobiles (8.1%), and healthcare (7.6%), according to a report by Motilal Oswal Financial Services.
Trump is already losing
It looks like Donald Trump's \"craziness\" is already polluting sentiment, not just with the US' trading partners (and erstwhile friends) but importantly, with increasing numbers of Americans who were looking forward to Great Times—a soaring stock market, lower prices, and more well-paying jobs.
FMCG firms seek new law for beauty items
FAST-MOVING CONSUMER GOODS (FMCG) companies are asking for a separate law to govern beauty and personal care (BPC) products, saying current regulations under the Drugs and Cosmetics Act 1940 impede growth.
High number of grievances a cause for concern, says RBI governor
THE HIGH NUMBER of customer grievances continues to be a matter of serious concern as 95 scheduled commercial banks received over 10 million complaints from customers in 2023-24, Reserve Bank of India governor Sanjay Malhotra said.
Instamart trumps rivals Blinkit, Zepto in reach, now in 100 cities
INSTAMART, THE QUICK commerce arm of Swiggy, on Monday said that it has expanded its reach to 100 cities amid a growing demand for 10-minute deliveries.
No exemptions on US steel and aluminum tariffs, says Trump
US PRESIDENT DONALD Trump said he has no intention of creating exemptions on steel and aluminum tariffs and said reciprocal and sectoral tariffs will be imposed on April 2.
WPI inflation records marginal rise in Feb
INDIA'S WHOLESALE PRICE index-based inflation marginally rose to 2.38% in February due to increase in prices of manufactured products, government data released on Monday showed.
Contours of trade deal with US to be finalised in 2-3 weeks
INDIA HAS NOT brought up the issue of reciprocal tariffs in its discussions with the US, and talks are concentrating on the scope of the Bilateral Trade Agreement (BTA) and the ways to increase the bilateral trade to $500 billion by 2030.
Ather partners Salesforce for dealership ops
IPO-BOUND ELECTRIC TWO-WHEELER manufacturer Ather Energy has tied up with Salesforce to deploy an automotive dealer management system.