The advanced long-distance network project to boost generative AI adoption and cloud innovation; likely to involve a capital investment of Rs 430 crore
Gartner projects global end-user spending on generative AI models to reach $14.2 billion in 2025, with domain-specific models gaining traction. Total GenAI spending could hit $644 billion, driven by AI hardware integration and increased enterprise adoption across industries.
The AI company revealed that the ‘OpenAI o1 model’ has been trained to take more time to analyze problems before responding, similar to human thought processes. This training allows the model to refine its reasoning, explore various strategies, and identify errors.
"This accolade mirrors the vibrant energy and relentless pursuit of excellence by our associates who are at the heart of Cognizant's success,” said Ravi Kumar S, CEO, Cognizant.
Generative AI (GenAI) exploded into public consciousness in 2023, promising to transform the way business functions. Despite the potential, however, leaders are struggling to convert hype into reality.
According to a blog post by BBC's Director of Nations, Rhodri Talfan Davies, GenAI opens doors to deliver "greater value to our audiences and society."