Deloitte Launches Global AI Incubator To Drive Generative AI Innovation

Deloitte on Tuesday unveiled its ambitious Global Generative AI Market Incubator aimed at catalysing innovation in the field of generative artificial intelligence (AI). 

In a statement, Deloitte highlighted that the AI incubator will tap into the extensive sector expertise and AI/ML proficiency possessed by its team of professionals, which includes data scientists and engineers. 

The company has strategically built a multi-disciplinary model grounded in design thinking principles, with the goal of ensuring agility, rapid time-to-market, and immediate value generation for critical projects, it said.

Deloitte's foray into generative AI is already yielding significant results. The firm reported active engagements on a global scale, spanning a diverse range of sectors including drug discovery, customer experience enhancement, content generation, and the creation of personalised avatars. These engagements, involving over 100 corporations within the past six months, underscore the escalating importance of generative AI in contemporary business landscapes.

The establishment of the Global Generative AI Market Incubator is aligned with the broader vision of fostering tech talent and harnessing AI-driven opportunities, in line with the government's overarching agenda, Deloitte said. The incubator aims to provide bespoke strategies and leverage collaborative partnerships with alliance members to address unique industry challenges.