Wipro has revealed its plans to invest more than $1 billion in enhancing its artificial intelligence (AI) capabilities in the coming three years. Alongside this announcement, the company has introduced a new strategy focused on harnessing the potential of this emerging technology.
According to a press release, Wipro’s investment of $1 billion will allocated to various areas.
These include advancing their AI, data and analytics capabilities, strengthening their R&D efforts and platforms. As improving FullStride Cloud, and developing consulting capabilities to assist clients in leveraging AI for creating additional value.
Wipro’s ai360 initiative aims to combine the expertise of their 30,000 professionals specialising in data analytics. And AI with the technological and advisory ecosystem of Wipro’s four global business lines.
This collaborative effort thus designed to foster innovation and maximise the potential of AI within the company.
Delaporte further stated that Wipro’s ai360 ecosystem built to prioritise responsible AI practices, making them integral to all AI endeavours within the company.
The aim is to empower their talented workforce and ensure the widespread adoption of responsible AI across operations, processes, and client solutions.
As part of its AI initiative, Wipro plans to provide training to its entire workforce of 2,50,000 employees on Artificial Intelligence fundamentals. And responsible AI usage within the next year. Furthermore, the company intends to offer additional training programs specifically tailored for employees in AI-specialised roles.
Wipro will develop a comprehensive curriculum that outlines the AI learning path for different job functions. Thus, enabling employees to acquire the necessary skills and knowledge to navigate the AI landscape effectively.