Wipro surges 1% after 8-year AI deal with Olam Group – Contract value may exceed $1 billion
IT major, Wipro secured a multi-year strategic transformation deal with Olam Group. According to a regulatory filing by Wipro, the engagement will run for eight years and is expected to exceed $1 billion in total contract value, with a committed spend of $800 million.
Focus on AI-led transformation across operations
Under the agreement, Wipro will deliver end-to-end transformation services to Olam Group using a consulting-led and AI-powered approach.
