Wipro gains on expanding partnership with Dell Technologies to strengthen Enterprise AI-Ready Platform
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Wipro is currently trading at Rs. 518.95, up by 1.85 points or 0.36% from its previous closing of Rs 517.10 on the BSE.
The scrip opened at Rs. 520.95 and has touched a high and low of Rs. 521.80 and Rs. 517.90 respectively. So far 30775 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 580.00 on 19-Jul-2024 and a 52 week low of Rs. 375.00 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 530.50 and Rs. 511.55 respectively. The current market cap of the company is Rs. 270490.44 crore.
The promoters holding in the company stood at 72.82%, while Institutions and Non-Institutions held 15.37% and 9.49% respectively.
Wipro is expanding its collaboration with Dell Technologies to bring the Dell AI Factory to Wipro’s Enterprise AI-Ready Platform. The collaboration will allow enhanced cost control and risk mitigation while providing enterprises with access to the best-in-class technology, accelerating the adoption of AI across cloud, data center and edge environments.
Wipro’s Enterprise AI-Ready Platform will leverage the Dell AI Factory with NVIDIA, including Dell Validated Designs for Generative AI, bringing GenAI processing power to data without extensive upfront investment. The platform is supported by the NVIDIA AI Enterprise software platform, underpinned by NVIDIA H100 Tensor Core GPUs, and the NVIDIA Spectrum-X Ethernet networking platform.
The Wipro AI Control Center, an advanced orchestration layer that resides on the Wipro Enterprise AI-Ready platform and enables a seamless infusion of AI for IT and business, will now provide enhanced throughput from the Dell infrastructure. The Intelligent Control Center will ensure seamless integration of use case blueprints across the entire AI life cycle, from pilot to production and support the safe, responsible, and sustainable adoption of AI by offering robust governance, observability, and automation capabilities.
Wipro is a leading global information technology, consulting and business process services company.
