IT stock gives a breakout after it launches Google AI experience zone

IT stock gives a breakout after it launches Google AI experience zone


India’s IT sector is accelerating its focus on artificial intelligence (AI), recognizing its potential to revolutionize services and create new growth avenues. Major Indian IT companies, including TCS, Infosys, and Wipro, are intensifying investments in AI-driven solutions to enhance operational efficiency, deliver personalized customer experiences, and stay globally competitive. 

This AI push enables Indian IT service providers to offer advanced automation, data analytics, and predictive modeling thus empowering them to meet evolving client needs across industries.

By embracing AI, these companies are positioning themselves to deliver enhanced value in sectors like finance, healthcare, and retail, making Indian IT a central player in global digital transformation while unlocking new revenue streams and expanding their service offerings.

Recent Update

Wipro Limited recently launched the Google Gemini Experience Zone in partnership with Google Cloud, aiming to showcase Google’s advanced AI technologies and assist clients in identifying the most effective generative AI solutions for their businesses. Located at Wipro’s Silicon Valley Innovation Center in Mountain View, with a second location planned for Bengaluru, these centers provide an immersive, hands-on experience with AI technology.

The Experience Zone will allow businesses to actively experiment with Google Gemini’s Large Language Models (LLMs), testing applications such as natural language understanding, image generation, customer interaction solutions, and predictive analytics.

Products Planned

Additionally, the company is working with enterprises to create customized, industry-specific AI solutions powered by Google Cloud’s technology, spanning sectors like retail, healthcare, financial services, manufacturing, and telecommunications. These AI solutions seamlessly integrate with existing workflows, addressing real-world challenges.

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Planned Collaboration

In this collaborative setting, Wipro and Google Cloud’s AI and ML experts will engage directly with clients, accelerating AI adoption and helping them establish resilient, future-proof AI capabilities.

Share Price

The shares of Wipro Limited have shot up 4.4 % in the last 4 days and are currently trading at Rs 575. The shares of the company are up 2% from the previous close of Rs. 563.4 at 12:45 pm on November 8, 2024.

About the Company

Wipro Limited is a global leader in technology services and consulting, dedicated to developing innovative solutions for complex digital transformation challenges. Leveraging a comprehensive portfolio across consulting, design, engineering, and operations, Wipro empowers clients to achieve ambitious goals and build resilient, sustainable businesses. 

With a workforce of over 230,000 employees and partnerships in 65 countries, the company focuses on fostering growth and adaptability for its customers, colleagues, and communities in a rapidly evolving world. Its commitment to excellence enables Wipro to drive impactful change, helping businesses remain competitive and future-ready.

Written By: Dipangshu Kundu

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