Wipro announced its plans to invest in AI and Generative AI startups to boost the AI ecosystem in India.  The Chief Technology Officer, Subha Tatavarti mentioned in an interview with MoneyControl that the  company has doubled its effort to search for the right startups to invest in as most innovative solutions  not just come from large businesses but also from these small startups.  

The company is taking various initiatives for early-stage startups such as hosting bootcamps designed  for enlighting these startups. The company is aiming to help these startups grow, scale up their  operations, and advance their technologies. Wipro plans to leverage the technology from startups and  integrate it within Wipro’s solution. The company has already launched a program for AI boost, Wipro  ai360 last year. This initiative marks $1 billion to advance in AI capabilities for the next 3 years.

Image source: Wipro.com 

This initiative by Wipro is to invest while following the approach from a foundational element of clop  design to the application of Large Language Models. This whole program is to scale together with these  startups and will benefit both parties. The company is trying to collaborate with various tech  companies including NVIDIA and other startups to find a way to design LLMs that can be run on CPUs  instead of Graphics Processing Unit infrastructure. Wipro is trying to make AI technology available at  low cost while offering high-performance computing power.  

Wipro will also be investing in its R&D teams to find a solution and run these LLMs in more affordable  systems instead of traditional GPU setups. The company aims to collaborate with startups to create  cloud as a service, with GPU Skews and GPU infrastructure only. The announcement of Wipro investing  in AI and Gen AI startups came just when AI demand was growing rapidly in the market. Amazon  recently announced its program to invest in the AI sector while expanding its cloud credits to enable  the use of AI models. 

Conclusion: 

IT company, Wipro announced that they are planning to invest in AI and Gen AI startups. The initiative was taken to boost the AI ecosystem in India while scaling up its operations. The company has doubled  down on searching right startups to invest in. Wipro is taking various initiatives such as holding bootcamps for these startups and offering them mentorship. The company is aiming to leverage its technology and integrate it into Wipro’s solution to enhance its AI platform and make LLM work on  GPU. This plan of Wipro is to invest in these AI startups while following the approach from a  foundational element of clop design to the application of Large Language Models. The company is  trying to collaborate with various tech companies including NVIDIA and other startups to find a way to  design LLMs that can be run on CPUs instead of Graphics Processing Unit infrastructure. The firm is  trying to make AI technology available at a low cost while offering high-performance computing power.