Indian IT Giant Wipro’s Massive $1 Billion Investment in AI Workforce Training

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Wipro's Strategic Investment in AI Training
Wipro's Strategic Investment in AI Training / businesstoday.in

Wipro Ltd., a leading Indian outsourcing provider, has recently made an extraordinary commitment to advancing its workforce and product offerings. The company plans to invest a staggering $1 billion in training its extensive employee base of 250,000 individuals in the field of artificial intelligence (AI).

This significant investment aims to incorporate AI technology into Wipro's array of products, thereby enhancing its competitive edge in the market.

In today's rapidly evolving business landscape, companies worldwide are recognizing the transformative potential of AI and its importance in staying relevant and competitive.

OpenAI's ChatGPT, an advanced AI language model, has played a crucial role in driving the adoption of generative AI capabilities across various industries. In response to this growing trend, Tata Consultancy Services Ltd., India's largest IT company, has announced its own plans to train 25,000 engineers in this groundbreaking technology.

Wipro to invest $1 billion in 3 years to advance AI capabilities
Wipro to invest $1 billion in 3 years to advance AI capabilities / PTI

Happiest Minds Technologies Ltd. is also gearing up for a significant recruitment drive to meet the rising demand for customized AI bots.

Wipro's ambitious plan involves allocating a substantial portion of its budget over the next three years to train its employees in AI. This massive undertaking includes bringing together 30,000 employees from diverse departments, such as cloud computing, data analytics, consulting, and engineering, with the aim of integrating AI seamlessly into all internal operations and client solutions.

By doing so, Wipro seeks to leverage the power of AI to drive innovation and improve the efficiency of its services.

Thierry Delaporte, the Chief Executive Officer of Wipro, highlighted the significance of generative AI and its potential to revolutionize industries across the board.

Wipro Invests $1 Bn to Upskill Employees on Gen AI
Wipro Invests $1 Bn to Upskill Employees on Gen AI / analyticsindiamag.com

Delaporte's remarks underscore the transformative shift that lies ahead, reinforcing the belief that AI will play a pivotal role in shaping the future of businesses globally. As such, Wipro's commitment to training its employees in AI reflects its proactive approach to embracing this technological revolution.

In addition to the extensive training initiatives, Wipro recognizes the value of collaboration with innovative startups in the AI space. To foster such partnerships, the company has decided to augment its investments in cutting-edge startups.

As part of this effort, Wipro plans to establish an accelerator program specifically designed to nurture fledgling enterprises specializing in generative AI. By supporting these startups, Wipro aims to leverage its expertise and drive further advancements in the field.

Sources: bloomberg.com