Cognizant Technology Solutions (CTSH) said Thursday it is opening a new artificial intelligence lab and a Cognizant Moment studio in Bengaluru, India.
The lab and studio, a part of the company's 2023 plan to invest $1 billion in generative AI over three years, will focus on developing business-ready multi-agent systems, AI decisioning capabilities, and AI-for-good initiatives, Cognizant said.
The lab and studio will also strengthen Cognizant's IP portfolio and platform innovation by developing proprietary frameworks, reusable AI components, and experiential platforms, the company said.
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