BCG and Intel join hands to sell AI to corporates
Galeanu Mihai
Boston Consulting Group and Intel (NASDAQ:INTC) collaborate to sell generative AI to enterprise clients while keeping private data in the isolation of their trusted environments.
Generative AI is the technology behind popular chatbots that can reply to queries with human-like text. BCG and Intel worked together on similar technology so that BCG's employees could put the group's half-century worth of archives - much of which is in the form of reports and presentations - to better use. 
It is designed to solve diverse real-world business problems such as employing automated portfolio management agents for the asset management industry, airline maintenance operations using proprietary airline data, and more-secure software development agents with custom confidential codebases.
"The technology must be enterprise-grade from day one and allow for privacy, security, ease of use, and scalability. Our collaboration with Intel will enable enterprises to develop competitive advantages via custom GenAI solutions while thoughtfully navigating the people, process, and policy changes required to derive the maximum value from these transformative solutions." says Suchi Srinivasan, an MD, and partner at BCG. 
Both companies plan to start selling some of the technology they have developed to help other companies to train AI systems using the customer's proprietary data, without having to share it with Intel or BCG. They will target industries like financial services, which have strict rules over data storage and sharing.
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