Dell and Microsoft are investing big in A.I. Here's a look at how the two tech giants are pouring millions into start-ups that are reshaping the workforce. CNBCatWork
Nagraj Kashyap, corporate vice president and global head of Microsoft's M12, a venture fund focusing on enterprise software, AI, cybersecurity and cloud computing, agrees. "Innovation isn't limited to our corporate boundaries. It is an exciting time to see how AI is transforming the workplace. Already we see it becoming more distributed, more flexible and diverse."
GO1.com is growing its service 300% annually, according to co-founder and chief operating officer Chris Eigeland. Its product has been integrated into the Microsoft Teams chat software, along with Microsoft Dynamic's 365 enterprise resource planning and CRM software. This has helped the four-year-old start-up garner 1.5 million learners and more than 1,500 customers worldwide.
"Companies need to ensure data is being used appropriately and privacy is being respected without breaking any government regulations," he says. "Machine learning is booming, and we still don't know the long-term consequences of it yet."The companies that do this best will be able to attract the best talent. "Millennials are going to want to work for employers that use data responsibly.
That is why Dell is looking at potentially licensing the software and then bundling it with its own product offeringsUsing AI to empower an organization and boost efficiency is another area that start-up's like Noodle.ai are targeting. The San Francisco-based start-up provides AI-as-a-service, explains Noodle.ai CEO Stephen Pratt.
AI will dramatically change the workplace over the next 5 to 10 years. It is those companies keeping on top of the pace of innovation that will thrive."Empowering companies to be radically more efficient and supercompetitive is what we do," Pratt says.
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