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23 April 2024
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Cognizant, Microsoft Forge AI Partnership

Cognizant said that it will work to deploy Microsoft 365 Copilot to a million users within their global 2,000 clients and across 11 industries….reports Asian Lite News

Cognizant and Microsoft on Monday announced an expanded partnership with the aim of making the tech giant’s generative AI (GenAI) and Copilots available to millions of users to transform enterprise business operations, enhance employee experiences, and accelerate cross-industry innovation.

As part of this collaboration, Cognizant purchased 25,000 Microsoft 365 Copilot seats for its associates, along with 500 Sales Copilot seats and 500 Services Copilot seats to improve productivity, streamline workflows and transform customer experiences.

“Generative AI can be a game-changer for virtually every business in every industry, opening up new possibilities for innovation, efficiency and growth,” Ravi Kumar S., CEO, Cognizant, said in a statement.

“That’s why we are investing $1 billion in GenAI over the next three years and leading the development of new research to explore its potential for our clients, their employees and end customers,” he added.

In addition, Cognizant said that it will work to deploy Microsoft 365 Copilot to a million users within their global 2,000 clients and across 11 industries.

“By combining Cognizant’s industry expertise with Microsoft’s Copilot capabilities, including Copilot for Microsoft 365 and GitHub Copilot — we will help drive AI adoption and innovation for millions of users across its network,” said Judson Althoff, executive VP and chief commercial officer at Microsoft.

According to the company, this partnership has the potential to significantly accelerate AI adoption and innovation in India.

AI is expected to add $450 to $500 billion to India’s GDP by 2025, accounting for 10 per cent of the country’s $5 trillion GDP target, the company mentioned.

Meanwhile, Microsoft on Tuesday announced a $1.5 billion investment in the UAE-based artificial intelligence (AI) technology company, G42.

Both companies will also support the establishment of a $1 billion fund for developers.

The investment will strengthen collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world.

As part of this partnership, Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors, the companies said in a statement.

“This partnership is a testament to the shared values and aspirations for progress, fostering greater cooperation and synergy globally,” said H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42.

G42 and Microsoft will also work together to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.

“We will work together not only in the UAE, but to bring AI and digital infrastructure and services to underserved nations,” said Smith.

“We will combine world-class technology with world-leading standards for safe, trusted, and responsible AI, in close coordination with the governments of both the UAE and the US,” he added.

ALSO READ: India’s Growing Role in Generative AI Adoption

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