Intel, Boston Consulting Group Team To Sell AI To Corporate Customers: Report

Intel Corp and Boston Consulting Group said on Wednesday they are teaming up to sell generative artificial intelligence tools to large businesses.

Generative AI is the class of technology behind popular chatbots like OpenAI’s ChatGPT that can answer questions with human-like text. Google owners Alphabet Inc and Microsoft Corp are revamping their search engine with AI technology to answer questions rather than list links.

The Boston Consulting Group (BCG) and Intel worked together on similar technology so that BCG employees could put the group’s half-century of archives to better use—much of which is in the form of reports and presentations. Previously, BCG staff did a keyword search and clicked through each document to see if it contained what they were looking for.

With the new system, AI can answer employee questions or summarize entire documents using the system archive.

“We are in the knowledge business and the expertise business. Rarely are we looking for a piece of something on the page,” said Suchi Srinivasan, a managing director and partner at BCG.

The system was developed on a supercomputer built by Intel with its Xeon central processors and Havana AI chips. Intel built the supercomputer and software so that BCG would not have to share its data with Intel.

“How often Intel really looked at that data is zero,” said Kavita Prasad, Intel’s vice president and general manager of data center, AI and cloud execution and strategy.

Intel and BCG said they plan to start selling some of the technology they developed to help other companies train AI systems using customer proprietary data without sharing it with Intel or BCG. Srinivasan said both would target industries such as financial services, which have strict regulations on data storage and sharing.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)