We are infusing GenAI into all our core offerings, says Cognizant CEO
1 year, 4 months ago

We are infusing GenAI into all our core offerings, says Cognizant CEO

Business Standard  

Cognizant Technology Solutions is infusing generative artificial intelligence into all its core offerings, chief executive Ravi Kumar S wrote in an internal note to its employees. Using this virtual assistant, our clients can boost their productivity by 25 per cent and improve their digital score through predictive resolution and contextual knowledge search,” Kumar said in the internal email. Given its potential to create a wave of opportunities, Kumar said Cognizant expects to invest about $1 billion over the next three years in strengthening its GenAI capabilities. Kumar urged the employees to commit to building knowledge in GenAI and share their thinking on how best to apply this “amazing technology” to help clients succeed and differentiate Cognizant.

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History of this topic

Gen AI is the next wave of tech: Virtusa CTO
6 months ago

Gen AI is the next wave of tech: Virtusa CTO

New Indian Express  

Virtusa Corporation has launched Virtusa Helio, which helps organisations leverage GenAI effectively in their digital transformation initiatives. In an interaction with this newspaper, Ram Meenakshisundaram, chief technology officer at Virtusa Corporation, said Virtusa Helio is a brand for GenAI offerings and services and focuses on practical applications, aiming to deliver real-world solutions that generate tangible business benefits. Virtusa’s research reveals …

TCS launches Gen AI aggregation platform WisdomNext
6 months, 2 weeks ago

TCS launches Gen AI aggregation platform WisdomNext

New Indian Express  

TCS’ AI for Business Study found that while business executives are generally positive about the impact of AI, they are less certain about the path to transformation. TCS AI WisdomNext helps businesses choose the right models and simplify the design of new business solutions using GenAI tools. At the company's launch event, executives said already many customers are already leveraging …

TCS chairman says AI empowers employees, boosts their productivity
6 months, 3 weeks ago

TCS chairman says AI empowers employees, boosts their productivity

New Indian Express  

BENGALURU: Artificial Intelligence will empower every employee to perform at a higher level or productivity, Tata Sons chairman N Chandrasekaran said at the group’s IT services arm TCS’ 29th Annual General Meeting held on Friday. Gen AI will not only improve productivity, but also create impact we hitherto have not seen or imagined,” he added. “In the Tata Group, we …

HCLTech and ServiceNow partners to deliver genAI-led solutions
9 months, 2 weeks ago

HCLTech and ServiceNow partners to deliver genAI-led solutions

India TV News  

HCLTech, a global technology company and ServiceNow, a digital workflow company have announced a partnership to deliver new generative artificial intelligence -led solutions for enterprises. In a statement C Vijayakumar, CEO & Managing Director, of HCLTech, said, "HCLTech’s differentiated portfolio and engineering heritage positions it to deliver practical and customised genAI use cases to clients as they move forward with …

This is how GenAI will boost Indian financial services by 2030: Details
10 months ago

This is how GenAI will boost Indian financial services by 2030: Details

India TV News  

Generative artificial intelligence is set to boost the Indian financial services and it is further expected to potentially add around USD 66 to USD 80 billion to the GVA by 2030. In the latest EY India report, GenAI's impact on the GVA within the Financial Services sector is most significant and has been ranging from 22 per cent to 26 …

ChatGPT-Maker OpenAI Said To Be Developing Software That Can Control Devices
10 months, 2 weeks ago

ChatGPT-Maker OpenAI Said To Be Developing Software That Can Control Devices

ABP News  

OpenAI, the Microsoft-backed creator of ChatGPT, is in the development stages of an innovative agent software aimed at automating intricate tasks through device control, as per an individual familiar with the project, as reported by The Information based on source inputs. AltIndex.com data indicates an impressive 65 per cent surge in the GenAI market over the next two years, with …

GenAI startups biggest driver of unicorns, says VC firm Accel
1 year, 2 months ago

GenAI startups biggest driver of unicorns, says VC firm Accel

The Hindu  

Generative artificial intelligence companies have become the major driver of unicorns -- startups reaching $1 billion valuation -- with 60% of the new ones falling in this category, according to a report from venture capital firm Accel. Funding in European and Israeli GenAI startups was close to $1 billion in the last 12 months compared with over $14 billion in …

CoRover plans to introduce BharatGPT for Indian firms
1 year, 6 months ago

CoRover plans to introduce BharatGPT for Indian firms

The Hindu  

CoRover, a human-centric Conversational and Generative Artificial Intelligence platform, would soon introduce BharatGPT, a Generative AI for Indian organisations, it’s founder Ankush Sabharwal said. ​We help enterprises to improve the top line via lead-generation and engagement and also grow the bottom line via round-the-clock AI Virtual Assistant which automates 70% of the customer support,” Mr Sabharwal said. ​”We also help …

Cognizant launches Neuro AI platform for enterprises
1 year, 7 months ago

Cognizant launches Neuro AI platform for enterprises

Deccan Chronicle  

HYDERABAD: Cognizant announced a new enterprise-wide platform Cognizant Neuro AI. Cognizant is among the first to launch an enterprise-wide generative AI platform designed to help clients better understand, consume and customise AI models. “It is fast becoming clear that businesses must embrace AI to remain competitive,” said Prasad Sankaran, EVP of Cognizant’s Software and Platform Engineering. The platform enables AI …

Cognizant to train 25,000 staff on Google Cloud AI
1 year, 7 months ago

Cognizant to train 25,000 staff on Google Cloud AI

The Hindu  

Some 25,000 Cognizant professionals will be trained on Google Cloud AI technologies at Cognizant Google Cloud AI University expected to be opened soon. The university would offer a variety of courses, including introductory courses on AI fundamentals, advanced courses on Google Cloud’s solutions, and specific AI use cases, Cognizant said in a statement. As part of this expansion, Cognizant would …

Generative AI like ChatGPT will be a co-worker, will not replace jobs: TCS
1 year, 9 months ago

Generative AI like ChatGPT will be a co-worker, will not replace jobs: TCS

Hindustan Times  

Tata Consultancy Services feels generative artificial intelligence platforms like ChatGPT will create an "AI co-worker" and not replace jobs. Milind Lakkad, the chief human resources officer of the country's largest IT services firm that employs over 6 lakh people said such tools will help improve productivity, but not change the business models for companies. "It's a good thing to happen …

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