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Tata Elxsi Hosts Successful Innov@TE 1st Gen AI Hackathon Contest in Collaboration with AWS



Posted On : 2024-02-18 08:28:34( TIMEZONE : IST )

Tata Elxsi Hosts Successful Innov@TE 1st Gen AI Hackathon Contest in Collaboration with AWS

Tata Elxsi, a global leader in design and technology services, recently concluded its inaugural Gen AI hackathon in collaboration with Amazon Web Services (AWS). With a focus on exploring the potential of Generative AI, the hackathon witnessed enthusiastic participation from diverse disciplines, with 136 teams registering from various corners of the country.

The contest culminated in an intense finale, where eight finalists presented their projects to a distinguished panel of judges. Among the finalists, top three standout entries represented diverse applications of Gen AI technology. Team 'AI Genesis Innovators' secured third place for their intuitive concept - 'Gen AI's potential to enhance product development processes'. Securing second place, team 'Med Codex' showcased 'AI's impact on streamlining healthcare procedures'. The first place was secured by 'Turing Creators' for their innovative solution that leveraged 'AI and graph databases to revolutionise decision-making across diverse fields'.

Manoj Raghavan, CEO & MD of Tata Elxsi, reaffirmed the company's commitment to fostering innovation and promoting the widespread adoption of AI technologies. "At Tata Elxsi, we believe in the transformative power of technology to drive positive change. The Innov@TE Gen AI Hackathon is a testament to our dedication to fostering innovation, staying curious, staying creative and pushing the boundaries of what's possible with AI," he stated.

Abhishek Gupta, Global Alliances Lead, Tata Elxsi, acknowledged and thanked AWS for its collaboration, "We are excited about the possibilities that AI offers and look forward to continuing our collaboration with AWS to drive innovation and create value for our customers."

Shares of Tata Elxsi Limited was last trading in BSE at Rs. 7510.30 as compared to the previous close of Rs. 7472.90. The total number of shares traded during the day was 7402 in over 2057 trades.

The stock hit an intraday high of Rs. 7571.65 and intraday low of 7480.05. The net turnover during the day was Rs. 55593711.00.

Source : Equity Bulls

Keywords

TataElxsi INE670A01012 GenAIHackathon AmazonWebServices