Threat to large IT firms 'overblown', Cognizant's AI chief says amid Anthropic-driven disruption [Yahoo! Finance]
Cognizant Technology Solutions Corporation - Class A (CTSH)
Last cognizant technology solutions corporation - class a earnings: 2/5 04:01 pm
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Source: Yahoo! Finance
MUMBAI, Feb 26 (Reuters) - Fears that new artificial intelligence tools could replace large IT services firms are "overblown" as clients still need help ?deploying and scaling the technology, Babak Hodjat, chief AI officer at Cognizant, ?told Reuters in an interview. Automated AI tools from startups such as Anthropic have stirred concerns about disruption ?in the business models of software and services firms globally, including India's traditionally labour-intensive IT services industry. Enterprises are far from being able to rely on a single, all-purpose AI agent, said Hodjat, adding that most clients still need help engineering, integrating, and governing AI ?systems. "That mapping is our job, ?it does not come just automatically out of the box," said Hodjat, whose work helped power Apple's Siri voice assistant. Nasdaq-listed Cognizant, which ?has more than 70% of its workforce operating out of India, forecast annual revenue above Wall Street estimates on the back of stron
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CTSH
Earnings
- 2/4/26 - Beat
CTSH
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- CTSH's page on the SEC website