May 27, 2024
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Wipro Announces $1 Billion Investment in Artificial Intelligence

Wipro, the leading IT company, has revealed its plans to establish the ai360 service and invest approximately $1 billion in artificial intelligence (AI) over the next three years. The company aims to leverage generative AI to unlock productivity and commercial opportunities across industries.

Wipro’s CEO, Thierry Delaporte, emphasized the significance of responsible AI operations in their ai360 ecosystem, which will be integrated into their internal processes and solutions for clients. The $1 billion investment will be directed towards enhancing Wipro’s AI, data, and analytics capabilities, as well as developing new consulting services to assist clients in adopting and maximizing the value of AI.

Additionally, Wipro will launch a GenAI seed Accelerator program to train generative AI-focused startups for enterprise readiness. The company plans to train 250,000 employees on AI fundamentals and responsible use within the next year, along with providing continuous customized training for employees in AI-focused roles.

This announcement follows a similar move by Tata Consultancy Services, India’s largest software services company, to train 25,000 engineers on generative AI tools and Microsoft’s Azure Open AI.

Picture Courtesy: Google/images are subject to copyright



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