‘People cautious on applying AI to enterprises’

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Investments are flowing into building large language foundational models and the data centres needed to power them, but backers remain cautious about applied artificial intelligence (AI) in enterprises, Babak Hodjat, chief AI officer of Cognizant, told ET.

US-based Cognizant is betting on building multi-agent systems as part of its AI strategy, Hodjat said.

“There is overinvestment going on in larger commercial entities that are building LLMs. When it comes to the enterprises, RoI-driven implementations are more of the norm than it has been with…



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‘People cautious on applying AI to enterprises’



Investments are flowing into building large language foundational models and the data centres needed to power them, but backers remain cautious about applied artificial intelligence (AI) in enterprises, Babak Hodjat, chief AI officer of Cognizant, told ET.

US-based Cognizant is betting on building multi-agent systems as part of its AI strategy, Hodjat said.

“There is overinvestment going on in larger commercial entities that are building LLMs. When it comes to the enterprises, RoI-driven implementations are more of the norm than it has been with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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