Infosys: Infosys signs deal for AI-led development, to spend about $2 billion over five years – Times of India
Infosys has announced that it has signed a deal with an existing client to provide artificial intelligence (AI) and automation-led services for over five years, with a target spend estimated at $2 billion.
India’s second-largest software services exporter, Infosys, has signed a deal with an undisclosed client for AI and automation-related development, modernisation, and maintenance services. The deal was announced in an exchange filing shared by Reuters, but the client’s name was not disclosed.
In May this year, Infosys launched a platform called Infosys Topaz for generative AI.
Wipro launches ‘Wipro ai360’
Last week, another Indian IT services company, Wipro, launched ‘Wipro ai360’. With this AI-first innovation ecosystem, the company wants to integrate AI into every platform, tool and solution used internally and offered to clients.
The company also announced that it will invest $1 billion to develop AI solutions over the next three years.
“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,” said Thierry Delaporte, Wipro’s chief executive officer and managing director.
The company will also train all 2,50,000 employees on AI fundamentals and responsible use of AI for the next 12 months.
TCS AI investment
Meanwhile, Tata Consultancy Services has also said that it planned to train 25,000 engineers to get them certified on Microsoft‘s Azure Open AI.
In May, TCS announced that it expanded a partnership with Google Cloud and launched TCS generative AI to design and deploy custom-tailored business solutions. TCS generative AI leverages Google Cloud’s generative AI services.
TCS developed a large portfolio of AI-powered solutions and intellectual property in the areas of AIOps, Algo Retail, smart manufacturing, digital twins and robotics. The company is currently working with clients in multiple industries, to explore how the technology can be used to deliver value in their specific business contexts, the company said in a statement.
India’s second-largest software services exporter, Infosys, has signed a deal with an undisclosed client for AI and automation-related development, modernisation, and maintenance services. The deal was announced in an exchange filing shared by Reuters, but the client’s name was not disclosed.
In May this year, Infosys launched a platform called Infosys Topaz for generative AI.
Wipro launches ‘Wipro ai360’
Last week, another Indian IT services company, Wipro, launched ‘Wipro ai360’. With this AI-first innovation ecosystem, the company wants to integrate AI into every platform, tool and solution used internally and offered to clients.
The company also announced that it will invest $1 billion to develop AI solutions over the next three years.
“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,” said Thierry Delaporte, Wipro’s chief executive officer and managing director.
The company will also train all 2,50,000 employees on AI fundamentals and responsible use of AI for the next 12 months.
TCS AI investment
Meanwhile, Tata Consultancy Services has also said that it planned to train 25,000 engineers to get them certified on Microsoft‘s Azure Open AI.
In May, TCS announced that it expanded a partnership with Google Cloud and launched TCS generative AI to design and deploy custom-tailored business solutions. TCS generative AI leverages Google Cloud’s generative AI services.
TCS developed a large portfolio of AI-powered solutions and intellectual property in the areas of AIOps, Algo Retail, smart manufacturing, digital twins and robotics. The company is currently working with clients in multiple industries, to explore how the technology can be used to deliver value in their specific business contexts, the company said in a statement.
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