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LTIMindtree rolls out AI business unit

LTIMindtree rolls out AI business unit

Time of India19-06-2025
Bengaluru: LTIMindtree launched a new business unit and suite of AI services called BlueVerse. Designed as a complete AI ecosystem, it helps enterprises accelerate their AI concept-to-value journey.
BlueVerse Marketplace, for instance, currently has over 300 industry and function-specific agents and ensures seamless interoperability and a growing connector ecosystem.
It is underpinned by responsible AI governance, delivering enterprise-grade trust and scalability.BlueVerse Productized Services utilise repeatable frameworks, accelerators, and industry-specific solution kits. At launch, BlueVerse will offer pre-built solutions for Marketing Services and Contact Centre as a Service (CCaaS).
This ecosystem also includes BlueVerse Foundry, an intuitive no-code designer and flexible pro-code editor that can enable enterprises to quickly compose and deploy AI agents, AI tools, assistants, retrieval-augmented generation (RAG) pipelines, and intelligent business processes.
Venu Lambu, CEO and MD of LTIMindtree, said, "BlueVerse is all about unlocking productivity for businesses at different levels by embedding AI across all functions of the enterprise." "BlueVerse will enable our clients to unlock new sources of value, streamline operations, and stay ahead in an AI-driven world," said Nachiket Deshpande, president, global AI services, strategic deals and partnerships.
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How AI is reshaping 700 US professions: Automation, augmentation, and what it means for the workforce
How AI is reshaping 700 US professions: Automation, augmentation, and what it means for the workforce

Time of India

time35 minutes ago

  • Time of India

How AI is reshaping 700 US professions: Automation, augmentation, and what it means for the workforce

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The balance between automation and augmentation will likely shape the future of work in the US economy. TOI Education is on WhatsApp now. Follow us here . Ready to navigate global policies? Secure your overseas future. Get expert guidance now!

Singapore's GIC sees AI opportunity for India as "raw ingredients" are in place
Singapore's GIC sees AI opportunity for India as "raw ingredients" are in place

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Singapore's GIC sees AI opportunity for India as "raw ingredients" are in place

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AI Is Wrecking an Already Fragile Job Market for College Graduates
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After dancing around the issue in the 2½ years since ChatGPT's release upended the way almost all companies plan for their futures, CEOs are now talking openly about AI's immense capabilities likely leading to deep job cuts. Top executives at industry giants including Amazon and JPMorgan have said in recent weeks that they expect their workforces to shrink considerably. Ford CEO Jim Farley said he expects AI will replace half of the white-collar workforce in the U.S. For new graduates, this means not only are they competing for fewer slots but they are also increasingly up against junior workers who have been recently laid off. While many bosses say they remain committed to entry-level workers and understand their value, the data is increasingly stark: The overall national unemployment rate is at about 4%, but for new college graduates, it was 6.6% over the past 12 months ending in May. At large tech companies, which power much of the U.S. economy, the trend is perhaps more extreme. Venture-capital firm SignalFire found that among the 15 largest tech companies by market capitalization, the share of entry-level hires relative to total new hires has fallen by 50% since 2019. Recent graduates accounted for just 7% of new hires in 2024, down from 11% in 2022. A May report by the firm pointed to shrinking teams, fewer programs for new graduates and the growing influence of AI. Jadin Tate studied informatics at the University at Albany, hoping to land a job focused on improving the user experience of apps or websites. The week before graduation, his mentor leveled with him: That field is being taken over by AI. He warned it may not exist in five years. Tate has attended four conventions this year, networking with companies and asking if they are hiring. He has also applied to dozens of jobs, without success. Several of his college friends are working retail and food-service jobs as they apply for white-collar roles or before their start dates. 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'Messy transition' Carlyle's reliance on young staff to check AI's output highlights what many users know to be true: it still struggles in some cases to do the work of humans effectively. Still, many executives expect that gap to close quickly. At the New York venture-capital firm Primary Venture Partners, Rebecca Price said she's encouraging CEOs of the firm's 100 portfolio companies to think hard about every hire and whether the role could be automated. She said it's not that there are no entry-level jobs, but that there's a gap between the skills companies expect out of their junior hires in the age of AI and what most new graduates are equipped with out of school. An engineer in a first job used to need basic coding abilities: now that same engineer needs to be able to detect vulnerabilities and have the judgment to determine what can be trusted from the AI models. New grads must also learn faster and think critically, she said—skills that many of the newest computer-science grads don't have yet. 'We're in this messy transition,' said Price, a partner at the firm. 'The bar is higher and the system hasn't caught up.' Students are seeing the transition in real time. Arjun Dabir, a 20-year-old applied math major at the University of California, Irvine, said when he applied for internships last year, companies asked for knowledge of coding languages. Now, they want candidates who are familiar with how AI 'agents' can automate certain tasks on behalf of humans—or 'agentic workflows' in the new vernacular. 'What is an intern going to do?' Dabir said as drones buzzed overhead nearby at an artificial intelligence convention in June in Washington, DC. The work typically done by interns, 'that task is no longer necessary. You don't need to hire someone to do it.' Venture capitalist Allison Baum Gates said young professionals will need to be more entrepreneurial and gain experience on their own without the standard track of starting as an analyst or a paralegal and working their way up. Her firm, SemperVirens, invests in healthcare startups, workforce technology companies and fintech firms, some of which are replacing entry-level jobs. 'Maybe I'm wrong and this leads to a wealth of new jobs and opportunities and that would be a great situation,' she said. 'But it would be far worse to assume that there's no adverse impact and then be caught without a solution.' Rosalia Burr, 25, is trying to avoid such an outcome. She graduated in 2022 and quickly joined Liberty Mutual Insurance, where she had interned twice during college at Arizona State University. She was laid off from her payroll job in December. Running has soothed her anxiety. This spring, however, she tore her hip flexor and had to rest to heal. Job rejections, as she was stuck inside, hit extra hard. 'I felt that I was failing.' Her goal now is to find a client-facing job. 'If you're in a business back-end role, you're more of a liability of getting laid off, or your job being automated,' she said. 'If you're client facing, that's something people can't really replicate' with AI. Write to Lindsay Ellis at and Katherine Bindley at AI Is Wrecking an Already Fragile Job Market for College Graduates

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