Wipro To Invest $1 bn In AI Over Next 3 Years
Wipro has announced intentions to invest more than $1 billion in artificial intelligence (AI) capabilities over the next three years. Along with this news, the company has unveiled a new strategy aimed at capitalising on the promise of this developing technology.
According to a press release, Wipro’s $1 billion investment would be spread across several categories. These include enhancing their R&D activities and platforms, improving FullStride Cloud, and growing consultancy skills to assist clients in applying AI to create additional value.
Wipro’s ai360 strategy seeks to link the knowledge of their 30,000 data analytics and AI specialists with the technological and consulting ecosystems of Wipro’s four global business lines.
This collaborative effort is designed to foster innovation and maximise the potential of AI within the company.
(With inputs from Shikha Singh)
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