Wipro to invest US$1 billion in new AI ecosystem

Technology services and consulting company Wipro Ltd. has launched  Wipro ai360an artificial intelligence (AI) ecosystem that builds on its past AI initiatives, with the goal of “integrating AI into every platform, every tool, and every solution used internally and offered to clients.”

Along with the launch of Wipro ai360, the company also committed to making a US$1 billion investment in advancing its AI capabilities over the next three years.

“Fueled by this new investment, [Wipro ai360] will help unleash a new era of value, productivity, and commercial opportunities through the application of AI and generative AI,” the company said in a release.

“AI is a fast-moving field,” said Thierry Delaporte, chief executive officer (CEO) and managing director, Wipro Ltd. “Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries. New business models, new ways of working, and new challenges, too. This is exactly why Wipro’s ai360 ecosystem places responsible AI operations at the heart of all our AI work.”

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