PwC stated that this collaboration aligns with the Indian government’s IndiaAI Mission, which seeks to build a robust AI ecosystem. The timing is ideal for businesses to harness the potential of GenAI, the company said in a statement on September 29.
Transforming India’s Growth Through AI
Speaking about the collaboration with Meta, Sanjeev Krishan, Chairperson of PwC India, said, “We are excited to partner with Meta to explore the transformative potential of Generative AI in accelerating India’s growth trajectory. With Llama Models, we see a unique opportunity to democratise this technology across industries and drive innovation while solving real-world challenges. Together, we aspire to create a more digitally enabled future for our clients and our communities – to create value and drive meaningful change at scale.”
This collaboration will help PwC India and Meta democratise GenAI and make it more accessible to businesses by jointly building and deploying enterprise-grade and citizen-service GenAI solutions.
GenAI’s Role in India’s Digital Future
“Gen AI solutions, including Llama are poised to revolutionise India’s businesses and accelerate the country’s digital transformation journey. By harnessing the power of natural language understanding and generation, Llama can unlock new efficiencies, enhance customer experiences, and drive data-driven decision-making,” said Sandhya Devanathan, Vice President and Head of Meta India.
“As India strives to become a leading digital economy, Gen AI will be instrumental in empowering businesses to innovate, scale, and compete on a global stage. We believe that this technology has the potential to create a paradigm shift in India’s digital landscape, and we are committed to working with stakeholders to ensure its widespread adoption and impact.”
Vivek Belgavi, Partner and Leader of Alliances and Ecosystems at PwC India, said, “We are excited to collaborate with Meta to build together on Llama. This partnership marks an important step towards providing our clients with innovative ways to leverage GenAI while unlocking new avenues for efficiency and creativity. By reimagining business operations, PwC India and Meta are setting the stage for transformative growth and operational excellence.”
Democratise GenAI for Businesses
The collaboration aims to create an ecosystem of GenAI solutions built on Meta’s technical expertise and powerful Llama open-source platform, combined with PwC India’s domain expertise, the companies said in a joint statement.
The partnership builds on PwC India’s GenAI Lab, which is dedicated to bringing new ideas and solutions using GenAI to both PwC employees and clients. Together, PwC India and Meta will also jointly offer advanced GenAI capabilities to their customers.
Also Read: OpenAI Raises USD 6.6 Billion to Accelerate AI Research and Expansion
What are Meta’s LLaMA models?
Meta’s LLaMA (Large Language Model Meta AI) models are a series of foundation models designed and developed by Meta AI. Reportedly, these models are specifically trained on massive amounts of text data to generate human-quality text, translate languages, write different kinds of creative content, and answer questions in an informative way.
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