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 deal combines a $375 million acquisition with an eight-year Olam mandate worth more than $1 billion, giving Wipro a bigger role in the food and agribusiness value chain.
350,000 sq ft facility will boost AI cloud and digital delivery capacity in North India.
India’s technology industry will expand to $315 billion in the fiscal year ending March, according to Nasscom, as broader inclusion of global capability centres and AI firms lifts revenue estimates even as workforce growth stabilizes.
The seven-year mandate strengthens the firm’s foothold in regulated healthcare technology and adds revenue visibility in a cautious spending climate.