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07-12-2023 09:44 AM | Source: Reuters
Wipro inches up on launching Wipro ai360
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Wipro is currently trading at Rs. 392.60, up by 0.20 points or 0.05% from its previous closing of Rs. 392.40 on the BSE.

The scrip opened at Rs. 394.40 and has touched a high and low of Rs. 394.40 and Rs. 391.30 respectively. So far 76344 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 444.65 on 17-Aug-2022 and a 52 week low of Rs. 351.85 on 17-Apr-2023.

Last one week high and low of the scrip stood at Rs. 397.35 and Rs. 387.60 respectively. The current market cap of the company is Rs. 204539.63 crore.

The promoters holding in the company stood at 72.92%, while Institutions and Non-Institutions held 14.39% and 10.30% respectively.

Wipro has launched Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, the company also committed to making a $1 billion investment in advancing AI capabilities over the next three years. Wipro ai360, fueled by this new investment, will help unleash a new era of value, productivity, and commercial opportunities through the application of AI and generative AI.

With responsible AI at its core, Wipro ai360 will bring together the 30,000 Wipro experts in data analytics and AI with Wipro’s technology and advisory ecosystem from four global business lines. Capabilities across cloud and partnerships; data, analytics and AI; design and consulting; cybersecurity; as well as engineering will be leveraged to develop new solutions and embed AI into all processes and practices. Wipro’s new global business line model will enable new levels of agility, speed, and depth in delivery.

Wipro is a leading global information technology, consulting and business process services company.