Bank of Baroda, in collaboration with Microsoft, has announced the launch of a nationwide hackathon focused on Generative Artificial Intelligence (GenAI).
Open to individuals and teams, including developers, students, professionals, start-ups, and fintechs, this two-month-long event will emphasize ideation and prototype development. Bank of Baroda seeks groundbreaking solutions in six areas: customer service, financial advisory, audit & compliance, risk management, operational efficiency, and personalized content generation.
The top three teams will receive cash prizes of Rs 5 lakh, Rs 3 lakh, and Rs 2 lakh respectively, with the Bank planning to implement the best ideas from the hackathon.
Key Details:
- Participants can register for the hackathon by visiting bobhackathon.com.
- Teams can consist of up to four members, and individuals can also register.
- Ideas can be submitted from June 10, 2024, to June 30, 2024.
- Shortlisted teams will be asked to develop prototypes, which will determine the winners.
Puneet Chandok, President, Microsoft India and South Asia, said, “Artificial Intelligence, particularly Generative AI, holds immense potential to transform the way we approach banking, offering new ways to enhance customer experiences, streamline operations, and drive efficiencies.”
Shortlisted teams will receive Azure credits, technical resources, and mentoring sessions from Microsoft and Bank of Baroda subject matter experts.
