Wipro Launches Wipro ai360, Announces $1 Billion Investment in AI

• ByStartupStory     |    July 12, 2023

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has unveiled its latest initiative, Wipro ai360, an innovative AI-first ecosystem aimed at integrating artificial intelligence (AI) into every aspect of the organization. The launch of Wipro ai360 is accompanied by a significant commitment of $1 billion from Wipro to advance AI capabilities over the next three years.

Wipro ai360 is designed to leverage Wipro’s decade-long investments in AI and propel the company into a new era of value creation, productivity, and commercial opportunities. With a focus on responsible AI, Wipro ai360 aims to empower its talent pool and permeate AI across all internal operations, processes, and client solutions.

“Artificial Intelligence is a fast-moving field. Especially with the emergence of generative AI, we expect a fundamental shift ahead for all industries,” said Thierry Delaporte, CEO and MD of Wipro Limited. “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!”

Wipro ai360 will bring together the expertise of 30,000 Wipro professionals in data analytics and AI, along with the company’s technology and advisory ecosystem from four global business lines. The ecosystem will leverage capabilities in cloud and partnerships, data analytics and AI, design and consulting, cybersecurity, and engineering to develop new solutions and embed AI into all processes and practices. Wipro’s new global business line model will enable enhanced agility, speed, and depth in service delivery.

Wipro’s innovation hub, Lab45, will play a pivotal role in the Wipro ai360 ecosystem by providing clients with talent, training, scale, research, and co-innovation capabilities to accelerate AI adoption.

The $1 billion investment will fuel advancements in AI, data and analytics capabilities, research and development, platform development, enhance FullStride Cloud, and build new consulting capabilities to help clients adapt to change and unlock new value through AI. Wipro Ventures will also accelerate investments in cutting-edge startups, and a GenAI Seed Accelerator program will be launched to provide training and support to GenAI-focused startups.

To ensure widespread adoption and expertise in AI, Wipro plans to train all 250,000 employees on AI fundamentals and responsible AI use over the next 12 months. The company will develop a comprehensive curriculum to guide employees on their AI journey, and completion of the curriculum will result in employee credentialing through the Decentralized Identity & Credential Exchange (DICE) ID platform. Wipro will also organize hackathons and challenges on its talent crowd platform, Topcoder, to facilitate continuous upskilling of employees.

“Wipro’s commitment to investing in AI and creating a responsible AI ecosystem is commendable. This initiative will drive innovation, enhance customer experiences, and create significant opportunities across industries,” stated a spokesperson at Artesian, one of the key investors in Wipro’s series A funding round.

For more information about Wipro ai360 and its transformative potential, visit the official website! 

About Wipro Limited: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions to address clients’ most complex digital transformation needs. With a holistic portfolio of capabilities in consulting, design, engineering, and operations, Wipro helps clients realize their boldest ambitions and build future-ready, sustainable businesses. With a global workforce of over 250,000 employees and business partners across 66 countries, Wipro delivers on the promise of helping customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit www.wipro.com.

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