CGI Reports Planned Investment Of $1B Over Next Three Years To Support Continued Expansion Of Its AI Services
Portfolio Pulse from Benzinga Newsdesk
CGI plans to invest $1B over the next three years to expand its AI services. The investment will be used for expanding AI-related consulting services, responsible and ethical-use delivery platforms, intellectual property AI-enablement, global employee hiring and training, and operational excellence efficiencies.
July 24, 2023 | 10:36 am
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CGI's planned $1B investment in AI services expansion could potentially boost its market position and revenues in the long term.
The planned investment indicates CGI's commitment to expanding its AI services, which could potentially attract more clients and increase revenues. However, the impact on the stock price will depend on the successful implementation of these plans.
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