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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The French IT services giant aims to create a leader in “intelligent operations” by combining AI capabilities with business process outsourcing expertise.
French IT services company Capgemini has announced its acquisition of business process outsourcing firm WNS for $3.3 billion in cash, marking a major step towards business operations powered by artificial intelligence.
Under the agreement, Capgemini will pay $76.50 per WNS share, representing a 17% premium to its last closing share price. The transaction excludes WNS's net financial debt and has been unanimously approved by both companies’ boards of directors.
With the acquisition, Capgemini aims to be a leader in what it calls “intelligent operations”—a new category of business services that uses AI to transform enterprise operations. According to Capgemini, generative …
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
