Wipro said it will invest $1 billion over the next three years to advance artificial intelligence via Wipro ai360, a unit focused on end-to-end AI innovation.
According to the services and consulting giant, Wipro ai360 will build on the company's existing investments and integrate AI into every platform and tool used internally and offered to clients.
Wipro added that responsible AI will be at the core of Wipro ai360's efforts. Thierry Delaporte, CEO of Wipro Limited, said in a statement that Wipro ai360 will target multiple industries, business models and challenges. Wipro ai360 will have 20 innovation centers and digital pods, more than 300 patents and experience via 2,000 AI engagements.
If you zoom out, Wipro ai360 highlights how technology vendors are embedding generative AI and related tools everywhere. However, enterprise buyers are wary of AI and its implications for compliance, first party data and security even as boardrooms push for rapid adoption.
In other words, there's a lot to figure out when it comes to integrating AI everywhere. Here's a sampling of how enterprise buyers are thinking through AI.
- JPMorgan Chase: Digital transformation, AI and data strategy sets up generative AI
- Rivian: AI, data power customer experiences
- How JetBlue is leveraging AI, LLMs to be 'most data-driven airline in the world'
- AI is everywhere including your supermarket, homebuilder and soup
- How Home Depot blends art and science of customer experience
- Goldman Sachs CIO Marco Argenti on AI, data, mental models for disruption
- Greystone CIO Niraj Patel on generative AI, creating value, managing vendors
- Accenture's Paul Daugherty: Generative AI today, but watch what's next
- Box CEO Levie on generative AI, productivity and platform neutrality
Wipro said it plans to train its 250,000 employees on AI fundamentals and responsible use over the next 12 months with more customized training available.
Wipro ai360 includes:
- 30,000 Wipro experts in analytics and AI across multiple businesses.
- New AI capabilities across cloud, analytics, design, consulting, security, and engineering as well as new processes and practices.
- Wipro's innovation hub Lab45 will be part of Wipro ai360 to speed up research and co-innovation for AI.
- R&D efforts to improve AI, data and platform capabilities.
In addition, Wipro said it will accelerate startup investments via its Wipro Ventures arm. The company will also launch a GenAI Seed Accelerator.
