CA - CGI to park $1B for expanding AI capabilities

2023-07-24 07:20:17 ET

CGI ( NYSE: GIB ) will invest around $1B over the next three years to support the continued expansion of its AI services and solutions.

This will be in partnership with clients seeking to responsibly move from experimentation to implementation while accelerating time-to-value from new AI technologies.

CGI's ( GIB ) investment plans will include expansion of the company's AI-related consulting services, responsible and ethical-use delivery platforms and accelerators, intellectual property AI-enablement, global employee hiring and training, and operational excellence efficiencies.

The company is also accelerating its investments in CGI PulseAI, a hyper-automation, conversational AI, and decision engine platform that enables clients to drive growth and efficiency by unlocking the value of enterprise data and business processes.

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