Intel, Boston Consulting Group team sells artificial intelligence to enterprise customers: Report

Intel Corp and Boston Consulting Group announced Wednesday that they are working together to sell generative artificial intelligence tools to large companies.

Generative AI is the class of technology behind popular chatbots such as OpenAI’s ChatGPT, which can respond to queries with human-like text. Google owner Alphabet Inc and Microsoft Corp are revamping their search engines with artificial intelligence technology to provide answers to questions instead of lists of links.

The Boston Consulting Group (BCG) and Intel worked together on similar technology to allow BCG employees to tap into half a century’s worth of the group’s archives—mostly reports and presentations. In the past, BCG employees would do a keyword search and have to click on each document to see if it contained what they were looking for.

With the new system, the artificial intelligence system can answer employees’ questions using the archive or summarize entire documents.

“We are in the information business and the know-how business. Rarely do we look for just one part of a page,” said Suchi Srinivasan, managing director and partner at BCG.

The system was developed with a supercomputer built by Intel with a Xeon central processor and Habana AI chips. Intel built the supercomputer and software so that BCG didn’t have to share its data with Intel.

“How many times did Intel actually see that data is zero,” said Kavitha Prasad, Intel’s executive vice president and head of data center, AI and cloud implementation and strategy.

Intel and BCG said they plan to start selling technology they’ve developed to help other companies train AI systems using a customer’s own data without having to share it with Intel or BCG. Srinivasan said they target industries such as financial services that have strict rules about how data is stored and shared.

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