NASSCOM unveils guidelines for generative AI practices

NASSCOM unveils guidelines for responsible generative AI practices

Recognising the fast-paced nature of the technological and regulatory developments impacting generative AI (GenAI) practice, NASSCOM has released a set of guidelines to define frameworks and act as common standards and protocols for researching, developing, and using GenAI responsibly in India.

The draft guidelines were made after consultations with the technology industry, a multi-disciplinary group of AI experts, researchers, and practitioners, with representations from academia and civil society.

According to NASSCOM, it is actively prioritising the importance of responsible AI through its Responsible AI Resource Kit and advocacy efforts. The guidelines on GenAI are intended to achieve a robust, common understanding of normative obligations among stakeholders to help them improve their net social impact with GenAI and foster trust in its adoption across industries.

Moving forward, it will focus on promoting awareness about the adoption of these guidelines, developing specific guidance for different use cases, and enhancing the existing Responsible AI Resource Kit to facilitate the adoption of responsible AI.

The guidelines highlight certain obligations for researchers, developers, and users with an emphasis on demonstrating reasonable caution and foresight by conducting comprehensive risk assessments and maintaining internal oversight throughout the entire lifecycle of a GenAI solution.

Wipro launches new solution platform for financial services industry

Wipro launched the Wipro Industry Innovation Experience for financial services, featuring a new suite of banking and financial services solutions built on Microsoft Cloud.

The innovation experience will bring together Microsoft Cloud capabilities with Wipro FullStride Cloud and leverage Wipro’s and Capco’s deep domain expertise in financial services. Together, Microsoft and Wipro will develop new solutions to help financial services clients accelerate growth and deepen client relationships.

It will allow financial services firms to explore new solutions in an immersive 3D environment. Solutions, currently available as part of the experience, range from the prevention of financial crime and loan origination to those that help transform core banking systems and maximise cloud investments.

Bharti Airtel bags order from Digital India Corporation

Bharti Airtel has bagged the Cloud and CDN mandate from the Digital India Corporation (DIC) to power DIKSHA (Digital Infrastructure for Knowledge Sharing)–India’s national platform for open education digital content. DIC is under the aegis of the Ministry of Education (MoE), Government of India.

It will power the DIKSHA application and website by Airtel Cloud and make it accessible to students across India for free educational content in their preferred Indian language. Airtel Cloud will also lead the migration of DIKSHA to Oracle Cloud and offer its managed services along with CDN solutions.

The Digital India Corporation focuses on improving the standard of living of the common man by providing access to the benefits emerging from Information and Communication Technologies (ICT).

Launched in 2017 by the Ministry of Education, DIKSHA aims to provide quality e-content in the form of e-textbooks and audiobooks for free to all teachers and learners across India. The platform offers over 5,700 crore minutes of learning, and over 7,200 of its courses have witnessed an enrolment and course completion rate of 82%.

TCS launches data exchange and marketplace platform on Google Cloud

Tata Consultancy Services (TCS) launched the TCS Dexam data marketplace platform on Google Cloud, enabling enterprises to democratise and monetise data across ecosystems.

TCS Dexam provides data exchange for enterprises and their ecosystem partners while ensuring compliance with data privacy, consent, and security regulations. Offered as a Software-as-a-Service (SaaS) platform, it breaks down cross-functional boundaries and enables controlled data exchange and improved data governance within and across enterprises.

The cloud-agnostic platform provides a self-service, secure environment that uses standardised tools and technologies to facilitate data extraction, analytics, and visualisation to commercialise value via manageable contracts.