TCS To Develop Its Own ChatGPT With Focus On Enterprise Code Generation

Listen to This Article

Country's largest IT firm, Tata Consultancy Services (TCS) is working to build its own ChatGPT-type tool,

The Economic Times (ET)

has reported. Chief operating officer of the company, N Ganapathy Subramaniam said that TCS will use it for enterprise code generation.

The development work has begun only recently and TCS is looking to collect large amounts of internal code, data, and resources. TCS already maintains a large repository of such data.



The tool will leverage in-house algorithms that use large language modelling functions, very much similar to what generative artificial intelligence chatbots like ChatGPT use. However, the solution TCS is building will focus on enterprise code generation, the report said.

Subramaniam was quoted in the ET report as saying, "Over the many years that TCS has been in business, I can use all of my knowledge as a base. So, if that technology uses and generates code that I have taught the algorithm using TCS proprietary data, then the outcome is something that I am willing to license.”



TCS is expected to release some of these solutions by the last quarter of this financial year. The firm is focused on building models that can be used to generate code that can be deployed, Subramaniam said.

He told ET that there is a huge opportunity to create new roles for "prompt engineers" internally. A prompt engineer is a professional with expertise in developing, improving and optimising AI-generated text prompts to ensure they are accurate.

RECENT NEWS

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more