HOME > BUSINESS > Wipro opens Artificial Intelligence research facility in Israel University

Wipro opens Artificial Intelligence research facility in Israel University

IT and outsourcing services provider Wipro said it will use students at Israel’s largest university to jointly conduct research into artificial intelligence.

The company inked an agreement with Tel Aviv University, Israel’s largest institution of higher learning which is home to over 30,000 students studying in nine faculties.

The two will create a joint research centre at TAU to pursue “core as well as applied research in fast-developing technologies in the Artificial Intelligence space,” the Bangalore-based company said.

The Tel Aviv University has over 125 schools and departments across sciences, engineering, humanities and the arts.

The announcement comes in the wake of the first ever visit by an Indian Prime Minister to the Jewish nation. India under the Indian National Congress always kept its distance from Israel to ensure that it did not antagonize Arab nations.

However, with Israel emerging as a strong power in IT and defence, and a change in the ruling dispensation in New Delhi, relations have been on the upswing in recent years.

Wipro, on its part, has been trying to boost its capabilities in automation and artificial intelligence software to cut costs and reduce manpower.

“Wipro has a strong tradition of investing in innovation, and collaboration with academia for advanced research and development is a key element of our innovation programs. We are excited to partner with Tel Aviv University to jointly develop innovative IP in core Altechnologies that will help us build advanced and differentiated solutions and services for our customers,” said K.R. Sanjiv, Chief Technology Officer, Wipro Limited.

Oren Califon, head of business development for technology at the university’s ‘business engagement center’ said Wipro was “a great fit” with his university’s focus on Machine Learning, Deep Learning and Sparse Representation techniques.

“We look forward to growing the partnership between our organizations in the coming years.”

Wipro, which has a workforce of over 170,000, has been faced with a slow down in recent years due to a shift in the nature of IT services business.

Follow ULTRA.news
Wipro wins seven-year deal from European utilities co Innogy IT services provider Wipro said it has been awarded a seven-year contract by European energy company Innogy SE to manage their data center and cloud services.Wipro will help the company, which focuses on renewables, grid & infrastructure and retail, to rationalize, virtuali...
Cyient sells stake in Pratt & Whitney JV IT company Cyient said it signed an agreement to divest its 49% equity ownership in IASI, its joint venture with Pratt & Whitney, as it exits its IT services business.The Indian company will get $1.8 mln for the stake from United Technologies Corporation, the buyer, after a...
Godrej Properties, Nirmal to co-develop huge project in Thane West Mumbai-based real estate company Godrej Properties said it has signed a joint venture agreement with Nirmal Ventures, also based in Mumbai, for developing a residential project in Thane.The project, located on the Lal Bahadur Shastri (LBS) Marg, Thane West, will be developed...
Wipro’s IT to power McLaren’s sports car business Bangalore-based Wipro won a high-profile client by signing up McLaren Technology Group, the company behind the successfull McLaren Formula 1 racing team.As part of the multi-year partnership, Wipro will deploy its HOLMES artificial intelligence platform to boost the producti...
Wipro opens center for embedded automotive solutions in Romania IT services provider Wipro Limited said it has established a center for automotive technology in Timisoara, Romania to focus on embedded solutions such as in-vehicle entertainment, cluster display, telematics, connected cars and driver assistance systems.The company plans to...
Infosys completes acquisition of London-based Brilliant Basics Infosys said it completed the acquisition of Brilliant Basics, a London-based product design and customer experience company.The acquisition was first announced a month ago."Through this acquisition, Infosys further expands its worldwide connected network of Digital Stud...
Infosys included in Dow Jones Sustainability Index Infosys said it has been inducted into the Dow Jones Sustainability Indices (DJSI) and is now part of two of the indices -- DJSI World and DJSI Emerging Markets.The indices measure the economic, environmental and social performance of companies and are based on the companie...
Finland’s Outokumpu upgrades IT contract with Wipro Information technology firm Wipro said it won a five-year IT applications management contract from Outokumpu, one of the world's biggest producers of stainless steel.Shares of the company were marginally higher at 299 rupees, up 0.6%.In 2014, the Finnish company had give...
Wipro announces details of its Rs 11,000 cr share buyback Wipro has announced details of its buy back of up to 343.8 mln shares or about 7.06% of its total equity base at a price of Rs 320 each for up to Rs 11,000 cr.The Buyback Size is 23.15% of the fully paid-up Equity Share capital and free reserves as per the audited standalone ...
I’m not here to stay – Nandan Nilekani on Infosys Former Infosys CEO Nandan Nilekani, who took over as Chairman of the company to resolve the tension between key shareholders and the management, said he did not join the IT company to run it.He said he was not in the company to step into the shoes of Vishal Sikka, the CEO who...
Narayana Murthy to clarify his stand on Infosys allegations, Vishal Sikka today Infosys founder and former chairman N R Narayana Murthy is all set to lay his cards on the table on his recent allegations about possible corruption at Infosys at a conference call with investors today at 6:30 PM.UPDATE: Murthy's call has been reportedly postponed to next wee...
FULL TEXT: Vishal Sikka’s resignation letter to Infosys board Vishal Sikka, the SAP-veteran who took over as the CEO of Infosys four years ago, has put in his papers after continuing differences of opinion with some of the key shareholders. He will, however, continue as the vice chairman of the company.He also wrote a long letter to the...
Wipro wins 5-year IT outsourcing deal from Telenor’s Bangladesh unit IT solutions provider Wipro said it won a five-year IT infrastructure and applications managed-services contract from Grameenphone, the Bangladesh telecom operator owned by Norway's Telenor. Under the agreement, Wipro will manage the entire IT infrastructure of the largest mo...
FITE says 11 cases against Tech Mahindra layoffs moved to courts The Maharashtra unit of Forum for IT Employees said 13 disputes over forced resignations and  layoffs at IT organizations have been moved to the labor courts after failed mediation attempts by state labor authorities.FITE meets Maharashtra CM11 of the 13 cases were filed...
Wipro brings big data solution to Microsoft’s Azure cloud platform Wipro, one of India's largest IT services providers, said it has brought its big data analytics solution, Data Discovery, to Microsoft's Azure cloud platform.Big data solutions help companies collect, store and analyse huge amounts of raw data produced by sensors, cameras, sa...
Cognizant raises 2017 revenue, profit forecast Cognizant Technologies, one of India's largest employers, reported a 3.5% jump in its quarterly revenue in dollar terms, and raised the lower end of its full-year revenue forecast for 2017.It said it now expects revenue for the current year to be in the range of $14.70 billio...
IT companies using illegal tactics to force workers to resign: FITE The Forum for IT Employees, arguably the IT workers rights organization with the largest number of well-wishers and supporters, accused IT companies of using illegal and unethical means to force their workers to submit their resignations.In a meeting with Maharashtra Chief Mi...
Sun Pharma selects Samsung to manufacture psoriasis drug Sun Pharma said it has inked a long-term agreement with Samsung BioLogics under which the Korean company will manufacture Tildrakizumab, a potential treatment for plaque psoriasis, for the Indian company.Plaque psoriasis is an autoimmune condition which results in patches of ...
Vishal Sikka says Infosys trying to retrain employees displaced by automation Infosys Chief Executive Officer Vishal Sikka said his company was not overwhelmed by the problem of automation and that it is trying to retrain its staff displaced by automation.Sikka was responding to a question on 'what happened to the 11,000 employees' displaced by automat...
NIV to help Sun Pharma test Zika, Dengue and Chikungunya drugs Sun Pharma announced a tie-up with National Institute of Virology (NIV) under the Indian Council of Medical Research for testing various compounds for treating rapidly spreading viral infections -- Zika, Chikungunya and Dengue.The compounds will include those sourced from pl...
Who’s responsible for IT job losses? Ask this recruiter It's become something of a fashion to complain about job losses in India's big IT services firms.Companies like Infosys Ltd, Tata Consultancy Services, Wipro and Cognizant employ over a million people in the country, and have been letting go off tens of thousands this year as...
IT woes to bring down real estate rentals in Bangalore, IT hubs With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents...
Wipro to develop on Red Hat’s OpenShift container platform IT services company Wipro Ltd said it would collaborate with commercial Linux maker Red Hat to set up what it called a "cloud application factory" to offer developers a platform to modernize cloud applications."Wipro’s cloud application factory will have a dedicated services...
Anil Ambani Group ties up with Thales for Rafale contracts Reliance Defence, the defence manufacturing arm of the Anil Ambani group, said it will form a joint venture in India with global defence manufacturer Thales to carry out some contracts related to the Rafale jet deal.The Indian company will hold 51% of the equity while the fo...
Smart fridges, ovens make for easy hacking targets – Wipro report There was a massive 54% increase in the number of records stolen by cyber criminals across the globe in 2016, and the expanding adoption of connected devices is increasing the danger of hacking, Wipro Ltd said in its State of Cybersecurity Report.The report found that the em...