Data, AI, & Machine Learning
Wipro Buys Alpha Net Contracts to Build AI
The deal adds clients and employees as Wipro strengthens its AI-led application services business.
The deal adds clients and employees as Wipro strengthens its AI-led application services business.
The seven-year mandate strengthens the firm’s foothold in regulated healthcare technology and adds revenue visibility in a cautious spending climate.
The selloff reflects a deeper fear that AI could erode the long timelines and specialist labor that have long underpinned legacy modernization revenues.
A global selloff is forcing investors to question whether artificial intelligence strengthens enterprise software moats or quietly dismantles them.