India's Wipro commits to invest $1b into AI over three years - DealStreetAsia

TL;DR

Indian IT services provider Wipro Ltd said on Wednesday it planned to invest $1 billion into artificial intelligence (AI) over the next three years. Companies across the world, from banks to big tech, have doubled down on investments in AI after ChatGPT, a generative AI chatbot by Microsoft-backed OpenAI took the world by storm in late 2022. “Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries,” Wipro CEO Thierry Delaporte said

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