IT Giant Wipro Unveils Plans To Invest $1 Billion & Train All 2.5 Lakh Employees In Artificial Intelligence

After IT giants such as TCS, Accenture, and IBM have already begun taking steps towards inculcating artificial intelligence into their businesses, Wipro too has joined the bandwagon.

Wipro Announces $1 Billion Investment In AI

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Indian IT giant Wipro today announced that it has committed to making a $1 billion investment in advancing AI capabilities over the next three years.

Wipro also launched Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro¡¯s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients.

Wipro To Train 2.5 lakh Employees

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The $1 billion investment will help further advance Wipro¡¯s AI, data, and analytics capabilities and foundation, R&D, and platforms; enhance FullStride Cloud; and build new consulting capabilities to help clients adapt to change and unlock new value through AI.

To achieve these goals, the company will train all 250,000 employees on AI fundamentals and responsible use of AI over the course of the next 12 months and will continue to provide more customised, ongoing training for employees in AI-specialised roles.

¡°Artificial Intelligence is a fast-moving field,¡± said Thierry Delaporte, Chief Executive Officer (CEO) and Managing Director, Wipro. ¡°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. It¡¯s meant to empower our talent pool and be ubiquitous across all our operations and processes, as well as our solutioning for clients. We are ready for the AI-driven future!¡±

Also Read: "Don't Rush Investments Into AI Just Because Its Cool" Warns 'Father Of Internet'

Other IT Giants Are Taking Steps Towards AI

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Also Read: TCS Confirms Plan To Build Its Own ChatGPT Like AI Tool

Earlier in June, Accenture said that it would invest $3 billion in its data and artificial intelligence practise over the next three years. Moreover, it will also double the AI headcount to 80,000 through hiring, acquisitions, and training.

A month before Accenture, India's largest IT firm, TCS, confirmed that it was building its own ChatGPT equivalent (tool) to be used for enterprise code generation, its Chief Operating Officer, N Ganapathy Subramaniam, said.

Though the project is at a very early stage right now, TCS is looking to harness the vast internal code, data, and resources that the country¡¯s largest software services firm has. The solution will be built through in-house algorithms that use large language modelling functions similar to generative artificial intelligence (AI) chatbots such as ChatGPT but for enterprise code generation.

Also Read: From Microsoft To Apple-Tech Giants Whose Stocks Are Soaring Amid AI Boom

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