Wipro launches Wipro ai360, commits to investing $1bn in AI

Technology services and consulting company Wipro has announced that it will invest US$1bn in AI over the next three years, as companies continue to advance their AI capabilities. 

The company also announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in AI with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. 

Wipro ai360, Wipro says, will help unleash a new era of value, productivity, and commercial opportunities through the application of AI and generative AI.  

“AI is a fast-moving field,” said Thierry Delaporte, Chief Executive Officer and Managing Director, Wipro Limited. “Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries.”

Investment to help advance AI, data and analytics and consulting capabilities

Wipro ai360 will bring together the 30,000 Wipro experts in data analytics and AI with Wipro’s technology and advisory ecosystem from four global business lines. Capabilities across cloud and partnerships; data, analytics and AI; design and consulting; cybersecurity; as well as engineering will be leveraged to develop new solutions and embed AI into all processes and practices. 

Wipro’s US$1bn investment will meanwhile help further advance Wipro’s AI, data and analytics capabilities and foundation, R&D and platforms, enhance FullStride Cloud, and build new consulting capabilities to help clients adapt to change and unlock new value through AI.   

Wipro will also accelerate investments in cutting-edge startups through Wipro Ventures. Additionally, the company will launch a GenAI Seed Accelerator program, which will provide select GenAI-focused startups with the training needed to become enterprise-ready.   

In achieving these goals, the company will train all 250,000 employees on AI fundamentals and responsible use of AI over the course of the next 12 months and will continue to provide more customised, ongoing training for employees in AI-specialized roles. 

“Wipro’s ai360 ecosystem places responsible AI operations at the heart of all our AI work,” Delaporte adds. “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!”

The news follows a number of announcements by companies upping their investments in AI. With Google Cloud and IBM recently declaring new ways in which they plan to help customers accelerate their AI journeys, in June Accenture announced a US$3bn investment over three years in its Data & AI practice.