{"id":800377,"date":"2023-07-28T10:56:03","date_gmt":"2023-07-28T10:56:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2023\/07\/28\/capgemini-to-invest-2-billion-euros-in-ai-after-higher-half-year-sales\/"},"modified":"2023-07-28T10:56:03","modified_gmt":"2023-07-28T10:56:03","slug":"capgemini-to-invest-2-billion-euros-in-ai-after-higher-half-year-sales","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2023\/07\/28\/capgemini-to-invest-2-billion-euros-in-ai-after-higher-half-year-sales\/","title":{"rendered":"Capgemini to invest 2 billion euros in AI after higher half-year sales"},"content":{"rendered":"<p>French IT consulting group Capgemini on Friday posted higher half-year revenue, driven by its cloud, data and artificial intelligence (AI) activities, and said it would invest 2 billion euros ($2.19 billion) in AI over three years.<\/p>\n<p>The Paris-based company tries to help businesses to adopt AI technology through partnerships with Microsoft and Google Cloud.<\/p>\n<p>&#8220;We continue to gain market share as we accompany our clients in their transition towards a digital and sustainable economy &#8230; I am convinced that generative AI will play a major role in this transition,&#8221; CEO Aiman Ezzat said in a statement.<\/p>\n<p>Generative AI, an increasingly powerful form of AI able to generate on its own text, images, and other content, has become popular since the release of OpenAI&#8217;s ChatGPT chatbot last November, increasing concerns over issues such as copyright, cybersecurity, privacy and AI replacing human jobs.<\/p>\n<p>Capgemini, which offers consulting, digital, technical and engineering services, reported revenue of 11.43 billion euros in the first half of 2023, compared to 10.69 billion a year earlier.<\/p>\n<p>The company reiterated its 2023 outlook for revenue growth of between 4% to 7% at constant currency basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French IT consulting group Capgemini on Friday posted higher half-year revenue, driven by its cloud, data and artificial intelligence (AI) activities, and said it would invest 2 billion euros ($2.19 billion) in AI over three years. The Paris-based company tries to help businesses to adopt AI technology through partnerships with Microsoft and Google Cloud. &#8220;We continue to gain market share as we accompany our clients in their transition towards a digital and sustainable economy &#8230; I am convinced that generative AI will play a major role in this transition,&#8221; CEO Aiman Ezzat said in a statement. Generative AI, an increasingly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-800377","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=800377"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800377\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=800377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=800377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=800377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}