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The Information Technology (IT) giant Wipro during its 80th Annual General Meeting (AGM) has highlighted its continued investments in AI capabilities, platforms and talent.

"Majority of our workforce has completed advanced AI learning, and we are scaling new roles such as FDAs," the management said.

On the   on business processes, the management said, "Due to AI, planning activities that once took a month can now be completed in five days." Wipro also said its monthly financial closing cycle had been reduced from 24 hours to eight hours.

Wipro Chairman Rishad Premji said IT services companies bring decades of experience in understanding clients’ business processes, operating environments and workflows, putting them in a better position to leverage AI to transform and orchestrate their systems and extract value.

AI would not only lead to efficiency gains but also create new opportunities for innovation and growth, with demand for data modernisation and AI-powered IT rising as enterprises attempt to move beyond pilots and embed AI into processes, he added.

For the Financial Year 2026, Wipro's IT services bookings grew 14% to $16.4 billion, while large deal bookings rose to $7.8 billion. The company also expanded its operating margin to 17.2%.