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Foundational models of generative AI not good enough for enterprises: Genpact CEO

Genpact is currently working on 100 generative AI PoCs and plans to invest $600 million to develop the firm’s AI capabilities over the next three years ....

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artificial intelligence: Conglomerates get a taste of tech

The in-house technology arms of Indian companies such as TVS, Shriram Group, Motherson, ITC, Godrej and even Patanjali Group are extending their services to external firms including some MNCs. ....

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Genpact: Genpact will book 'record deals' in first two quarters of FY23, says CEO NV Tyagarajan

NV (Tiger) Tyagarajan, chief executive at the US-headquartered business process management firm, said the companys data-tech-artificial intelligence segment, which accounts for 45% of total revenue, will make up half of its revenue by 2026. ....

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Genpact Limited (NYSE:G) Short Interest Update

Genpact Limited (NYSE:G – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 2,990,000 shares, a drop of 8.3% from the August 15th total of 3,260,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the days-to-cover ratio […] ....

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IT firms Wipro, Genpact and Tech Mahindra rally for AI safety, seek government support, ET Telecom

Tech Mahindra: "Responsible AI plays a key role in improving the trust in AI/ML solutions and for businesses to improve relationships with clients, partners, and employees," said Sreekanth Menon, global AI/ML practice leader at Genpact. "While the benefits of AI proliferation are apparent, there are evident signs of operational, legal and reputation risks," he said. ....

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