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India must prioritise telecom infrastructure and data access investment to unlock AI potential: EY Report

21 May 2024, New Delhi : EY India's latest report titled 'Realising AI for All in India' underscores the necessity for sustained policies and emphasises the pivotal role that government intervention can play in fostering the beneficial utilisation of AI technology. The report outlines key policy considerations aimed at expediting AI development and ensuring its democratisation. These include revitalising telecom investments, catalysing an open data ecosystem, fostering research initiatives, implementing ethical AI practices, and reforming education to meet the demands of the AI era.

21 May 2024 New Delhi IN

As GenAI proofs of concept move into production, organizations vary in their scale of adoption across segments: EY report

16 May 2024, Bangalore – An early analysis of state of GenAI adoption in India in 2024 shows that enterprises have rolled out POCs to production, organisations vary at different levels of adoption maturity. The estimates, available in EY India latest report, "Is Generative AI beginning to deliver on its promise in India? - EY AIdea of India Update", shows that domestic enterprises are carefully considering the enterprise-grade functionality and reliability of GenAI. While digital savvy enterprises such as start-ups and Global Capability Centers (GCCs) are moving faster in rolling out POCs to production.

16 May 2024 Bengaluru IN

April 2024 recorded US$4.4 billion in PE/VC investments across 98 deals, 35% decline Y-o-Y: EY-IVCA report

Mumbai, 23 April 2024: According to the IVCA-EY monthly PE/VC roundup, PE/VC investments in April 2024 were 4% lower than March 2024 in value terms. The number of deals recorded 14% growth.

23 Apr 2024

1Q2024 Exits recorded at US$5.1 billion across 80 deals; 35% surge Y-o-Y: EY-IVCA report

Mumbai, 19 April 2024: According to the IVCA-EY monthly PE/VC roundup, PE/VC investments in 1Q2024 were 1% lower than in 1Q2023 and 41% higher than in 4Q2023.

19 Apr 2024

50% of the Government and Public Services organisations are poised to implement their first Gen AI solution within one year: EY Survey

New Delhi, 08 April 2024: Gen AI holds significant promise for transforming the Government and Public Services (GPS) sector by automating tasks, enhancing policy analysis, and promoting transparency. As per the EY survey, 61% of the GPS organisations believe that Generative AI (Gen AI) will enhance the citizen experience. While 67% believe that it will act as a catalyst to drive the innovation.

8 Apr 2024

EY in the news

Paul Brody on CNBC Asia – ‘Value Propositions’ of Different Cryptocurrencies

Paul Brody talks to CNBC about separating the ‘value propositions’ of different cryptocurrencies.

2 Jul 2021 Paul Brody

Carmine Di Sibio on CNN Marketplace Europe

Carmine Di Sibio discusses with CNN's Nina dos Santos how geopolitics, supply chains and Covid-19 are all set to pile pressure on the global economy and data findings from the EY 2022 CEO Outlook Survey.

7 Feb 2022 Carmine Di Sibio

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