Wipro unveils Wipro ai360, pledges $1 billion investment in AI over 3 years

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Technology services and consulting company Wipro Limited has announced the launch of Wipro ai360, an AI-first innovation ecosystem. The company has committed to investing $1 billion in advancing AI capabilities over the next three years as it seeks to integrate AI into all aspects of its internal operations and client offerings.

Wipro ai360 aims to unleash a new era of value, productivity, and commercial opportunities by applying AI and generative AI. Responsible AI will play a key role in the ecosystem, which will bring together Wipro’s data analytics and AI experts with its technology and advisory ecosystem from four global business lines. This will enable the development of new solutions and the embedding of AI into all processes and practices.

The $1 billion investment will help further enhance Wipro’s AI, data, and analytics capabilities, as well as its foundation, research and development, platforms, and FullStride Cloud. Additionally, the company will invest in cutting-edge startups through Wipro Ventures and launch a GenAI Seed Accelerator program to support GenAI-focused startups.

In an effort to equip its workforce for the AI-driven future, Wipro plans to train all 250,000 employees on AI fundamentals and responsible AI use within the next 12 months. The company will also provide customized, ongoing training for employees in AI-specialized roles. Employees will have access to a curriculum that maps out the AI journey for different roles, with successful completion resulting in credentials through the Decentralized Identity & Credential Exchange (DICE) ID platform. Hackathons and challenges on the talent crowd platform, Topcoder, will also be held to facilitate continuous upskilling.

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

As Wipro embarks on this transformative journey, it emphasizes the importance of responsible AI operations. The company recognizes that AI is a rapidly evolving field that will bring new business models, ways of working, and challenges. By prioritizing responsible AI, Wipro aims to empower its talent pool and ensure that ethical considerations are embedded in all AI work.

With the launch of Wipro ai360 and its significant investment in advancing AI capabilities, Wipro is positioning itself to leverage AI in delivering innovative solutions and addressing clients’ complex digital transformation needs. The company is focused on building a sustainable business that thrives in an ever-changing world.

Please note: This article is based on a press release from Wipro Limited and does not reflect the views or opinions of OpenAI.

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Tanvi Shah
Tanvi Shah
Tanvi Shah is an expert author at The Reportify who explores the exciting world of artificial intelligence (AI). With a passion for AI advancements, Tanvi shares exciting news, breakthroughs, and applications in the Artificial Intelligence category. She can be reached at tanvi@thereportify.com for any inquiries or further information.

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