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Microsoft to Train 15,000 People on Artificial Intelligence by 2022

As part of the partnerships, together, the organisations will establish an AI Talent Network to source candidates for hire and project-based work

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Software major Microsoft has decided to train and certify 15,000 workers on Artificial Intelligence (AI) skills by 2022, in partnership with education provider General Assembly (GA).

“According to the World Economic Forum, up to 133 million new roles could be created by 2022 and to address this challenge, Microsoft and GA will power 2,000 job transitions for workers into AI and ML roles in year one and will train an additional 13,000 workers with AI-related skills across sectors in the next three years,” the company wrote in a blog-post on Friday.

The training will revolve around technologies including data science, Machine Learning (ML), Cloud and data engineering among others.

In order to create consistent standards for AI skills, Microsoft will be the founding member of GA’s AI Standards Board which will later be joined by other industry-leading companies at the forefront of AI disruption.

“Over the next six months, the Standards Board will define skills standards, develop assessments, design a career framework, and build an industry-recognized credential for AI skills,” the post said.

Microsoft's building.
The office building of Microsoft. Pixabay

To ensure that businesses can meet ever-growing AI talent needs, GA and Microsoft will establish an AI Talent Network to source candidates for hire and project-based work. GA will leverage its existing network of 22 campuses and the broader Adecco ecosystem to create a repeatable talent pipeline for the AI Talent Network.

As part of the partnerships, together, the organisations will establish an AI Talent Network to source candidates for hire and project-based work.

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GA will leverage its existing network of 22 campuses and the broader Adecco ecosystem to create a repeatable talent pipeline for the AI Talent Network, the post added.

“We are thrilled to combine our industry and technical expertise with GA to help close the skills gap and ensure businesses can maximise their potential in our AI-driven economy,” said Jean-Philippe Courtois, Executive Vice President and President of Global Sales, Marketing and Operations at Microsoft. (IANS)

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iPhone 11 Takes Apple Ahead of Microsoft in $1-tn Market cap: Report

Apple is in for a bumper festive season sales and the iPhone 11 series -- starting from Rs 58,900 - has registered very strong demand from the consumers in the country

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An Apple company logo is seen behind tree branches outside an Apple store in Beijing, Dec. 14, 2018. VOA

The pent-up demand for its newly-released iPhone 11 series has made Apple the most valuable company in the US again, ahead of Microsoft with a $1.07 trillion market cap.

Sailing through the US-China trade war that may impact its devices too, Apple stock has reached $236.21 to beat the previous high set just over a year ago.

The news that Chinese and American trade negotiators have reached a preliminary agreement aimed at easing the ongoing trade war between the two nations after holding a new round of high-level talks in Washington, DC, also helped Apple as a proposed 15 per cent tariff looms on $156 billion in Chinese goods, including smartphones and other consumer goods, from December 15.

At the moment, only two US companies — Apple and Microsoft — are in the $1 trillion market cap bracket, with Jeff Bezos-led Amazon inching closer.

Apple shares are about five times higher than they were when Tim Cook became CEO of the company in August 2011, reports Barron’s.

The rally owes partly to a report by the Nikkei Asian Review claiming that Apple is ramping up production of its three iPhone models by as much as 8 million units or 10 per cent of its production.

FILE - Microsoft Corp. signage is shown outside the Microsoft Visitor Center in Redmond, Wash.
FILE – Microsoft Corp. signage is shown outside the Microsoft Visitor Center in Redmond, Wash. VOA

Apple’s weak rally in Q4 2018 was largely driven by concern over iPhone demand. The tables have turned, and this time Apple is set for a record sales riding on aggressive pricing and attractive discounts in countries like India.

The Cupertino-based iPhone maker is expected to report Q4 results on October 30.

The iPhone 11’s pricing strategy has worked well for the consumers in India too as the devices went out-of-stock at both Amazon India and Flipkart in just three days after the pre-booking was thrown open on September 20.

Also Read: Oracle Ensures Keeping Sensitive Data within Boundaries of India

The increase in orders appears to validate Apple CEO Tim Cook’s new strategy of enticing budget-conscious consumers with cheaper models amid the weakening world economy.

Apple is in for a bumper festive season sales and the iPhone 11 series — starting from Rs 58,900 – has registered very strong demand from the consumers in the country. (IANS)