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Cognizant Boosts Stock Buyback, Partners With NVIDIA To Enhance Enterprise Operations With Neuro AI Platform - Cognizant Tech Solns (NASDAQ:CTSH)
How to Spot the Market Bottom: Matt Maley has navigated every major market turn in the last 35 years, and on Wednesday, March 26, at 6 PM ET, he's revealing how to recognize when the worst is over, the trades to make before the next bull market takes off, and the stocks and sectors that will lead the recovery. Cognizant Technology Solutions Inc. CTSH has introduced new advancements utilizing NVIDIA AI to promote the widespread use of artificial intelligence in multiple industries. The company is concentrating on five key areas including, AI-powered enterprise agents, industry-tailored large language models (LLMs), digital twins for advanced manufacturing, foundational AI infrastructure, and the integration of NVIDIA's AI technologies with Cognizant's Neuro AI platform. These developments are designed to help clients optimize AI deployment and improve operational efficiency across various sectors. Central to Cognizant's approach to expand AI capabilities is the integration of NVIDIA AI, with active collaborations in progress to foster growth and reshape business strategies. Also Read: Tilray's Hi*Ball Energy Returns To Whole Foods Market Powered by NVIDIA NIM microservices, this platform enables businesses to swiftly develop and scale multi-agent AI systems. These systems enhance flexible operations, enable real-time decision-making, and offer tailored customer experiences. The framework allows for supporting the integration of external agent networks for various business functions such as sales and supply chain management. The company is also creating customized LLMs tailored to address the unique demands of various industries, powered by NVIDIA's NeMo and NIM. For example, Cognizant's specialized language models in healthcare aim to optimize administrative workflows and enhance coding precision. Additionally, Cognizant's adoption of NVIDIA Omniverse will offer smart manufacturing clients digital twins to enhance plant operations and enable predictive analytics, improving decision-making throughout manufacturing and supply chain processes. "The Cognizant Neuro AI platform is built with NVIDIA AI to deliver specialized LLMs and applications to ready businesses for the era of AI with reasoning agents and digital twins," said Jay Puri, executive vice president of Worldwide Field Operations, NVIDIA. Cognizant's AI infrastructure, powered by NVIDIA has "GPU as a Service" model, which includes secure and managed infrastructure, is available to clients operating in diverse environments such as cloud, data centers, or at the edge. On March 24, 2025, the Board of Directors approved an increase of $2 billion to the amount authorized under the existing stock repurchase program. With this increase, as of March 24, 2025, there is about $3.1 billion remaining under the share repurchase authorization. For 2025, Cognizant increased its share repurchase expectation by $500 million to $1.1 billion. Also, the company affirmed its long-term capital allocation framework, including the flexibility to pursue strategic acquisitions. Price Action: CTSH shares traded higher by 2.25% at $79.69 at last check Tuesday. Read Next: Dun & Bradstreet To Go Private In $7.7 Billion Clearlake Deal -- Stock Pops On Buyout News Image: Shutterstock/ bangoland. CTSHCognizant Technology Solutions Corp$79.902.51%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum65.49Growth46.23Quality12.09Value59.42Price TrendShortMediumLongOverview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs
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Cognizant to Deploy Neuro AI Platform to Accelerate Enterprise AI Adoption in Collaboration with NVIDIA
Cognizant will offer solutions across key growth areas, including enterprise AI agents, tailored industry large language models and infrastructure with NVIDIA AI. TEANECK, N.J., March 25, 2025 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced advancements built on NVIDIA AI aimed at accelerating the cross-industry adoption of AI technology in five key areas: enterprise AI agents, industry-specific large language models (LLMs), digital twins for smart manufacturing, foundational infrastructure for AI, and the capabilities of Cognizant's Neuro AI platform to integrate NVIDIA AI technology and orchestrate across the enterprise technology stack. Cognizant is working with global clients to help them scale AI value efficiently, leveraging extensive industry experience and a comprehensive AI ecosystem comprising infrastructure, data, models, and agent development powered by proprietary platforms and accelerators. NVIDIA AI plays a key role in Cognizant's AI offerings, with active client engagements underway across industries to enable growth and business transformation. "We continue to see businesses navigating the transition from proofs of concept to larger-scale implementations of enterprise AI," said Annadurai Elango, president, Core Technologies and Insights, Cognizant. "Through our collaboration with NVIDIA, Cognizant will be building and deploying solutions that accelerate this process and scale AI value faster for clients through integration of foundational AI elements, platforms and solutions." "From models to applications, enterprise AI transformation requires full-stack software and infrastructure with access to domain-specific data," said Jay Puri, executive vice president of Worldwide Field Operations, NVIDIA. "The Cognizant Neuro AI platform is built with NVIDIA AI to deliver specialized LLMs and applications to ready businesses for the era of AI with reasoning agents and digital twins." At NVIDIA GTC 2025, Cognizant presented its intent to deliver offering updates across the following five areas: "As we enter the era of AI industrialization, enterprises are seeking to accelerate the value velocity of their AI investments -- focusing on outsized economic impact, agentic-led workflow transformation, and industry-specific deployments," said Nitish Mittal, Partner, Everest Group. "Cognizant's deepening partnership with NVIDIA signals the right trajectory for forward-thinking enterprises aiming to unlock breakthrough value in the AI era." About Cognizant Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.
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Cognizant Technology Solutions has announced a collaboration with NVIDIA to enhance AI capabilities across industries using their Neuro AI platform, focusing on enterprise AI agents, industry-specific large language models, and AI infrastructure.
Cognizant Technology Solutions Inc. (NASDAQ: CTSH) has unveiled a significant collaboration with NVIDIA to accelerate the adoption of artificial intelligence across multiple industries. This partnership aims to enhance Cognizant's AI capabilities and offer innovative solutions to clients seeking to scale their AI implementations efficiently 12.
The collaboration focuses on five critical areas:
These advancements are designed to help businesses optimize AI deployment and improve operational efficiency across various sectors 1.
Central to Cognizant's AI expansion is the Neuro AI platform, which integrates NVIDIA AI technologies. Powered by NVIDIA NIM microservices, this platform enables rapid development and scaling of multi-agent AI systems. These systems enhance flexible operations, enable real-time decision-making, and offer tailored customer experiences 1.
Annadurai Elango, President of Core Technologies and Insights at Cognizant, stated, "Through our collaboration with NVIDIA, Cognizant will be building and deploying solutions that accelerate this process and scale AI value faster for clients through integration of foundational AI elements, platforms and solutions" 2.
Cognizant is developing customized LLMs tailored to address unique industry demands, powered by NVIDIA's NeMo and NIM. For instance, in healthcare, Cognizant's specialized language models aim to optimize administrative workflows and enhance coding precision 1.
In manufacturing, Cognizant's adoption of NVIDIA Omniverse will offer digital twins to enhance plant operations and enable predictive analytics, improving decision-making throughout manufacturing and supply chain processes 1.
Cognizant's AI infrastructure, powered by NVIDIA, follows a "GPU as a Service" model. This includes secure and managed infrastructure available to clients operating in diverse environments such as cloud, data centers, or at the edge 1.
The announcement has had a positive impact on Cognizant's stock, with shares trading 2.25% higher at $79.69 as of the last check on Tuesday 1. Additionally, Cognizant's Board of Directors approved a $2 billion increase to its existing stock repurchase program, bringing the total remaining authorization to approximately $3.1 billion as of March 24, 2025 1.
Nitish Mittal, Partner at Everest Group, commented on the partnership: "Cognizant's deepening partnership with NVIDIA signals the right trajectory for forward-thinking enterprises aiming to unlock breakthrough value in the AI era" 2. This collaboration is seen as a strategic move in the era of AI industrialization, where enterprises are seeking to accelerate the value of their AI investments.
As businesses continue to transition from proofs of concept to larger-scale AI implementations, Cognizant's partnership with NVIDIA positions the company as a key player in facilitating enterprise AI transformation across industries.
Cognizant introduces a new no-code development framework and services suite to accelerate the adoption of multi-agent AI systems in enterprises, aiming to transform business processes and enhance collaboration between AI agents.
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Cognizant announces significant upgrades to its Neuro AI platform, introducing multi-agent orchestration to help businesses rapidly develop and implement AI use cases for improved decision-making and revenue generation.
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Cognizant has upgraded its Neuro AI platform with multi-agent capabilities, enabling businesses to rapidly discover, prototype, and develop AI use cases. The enhanced platform aims to simplify AI adoption for enterprises and improve decision-making processes.
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NVIDIA announces partnerships with major US technology companies to develop custom AI applications across various industries using its latest AI software tools, including NIM Agent Blueprints and NeMo microservices.
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Nvidia strengthens its presence in India's AI market through partnerships with tech giants, data center expansions, and AI chip supply agreements, positioning India as a future AI exporter.
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