TEANECK (dpa-AFX) - IT major Cognizant Technology Solutions Corp.(CTSH)
Tuesday announced that it is collaborating with Microsoft Corp.(MSFT) to launch
an AI powered tool, Innovation Assistant, that is built on Microsoft Azure
OpenAI Service.

Innovation Assistant is expected to help Cognizant employees solve client
challenges across industries by augmenting its internal innovation program
Bluebolt.

Cognizant hopes that the AI tool will provide a framework for its employees
anywhere and at any level, to contribute to the innovation process from ideation
to implementation.

'Built on Microsoft Azure OpenAI Service, Cognizant's platform is a force
multiplier that aims to enable customers to gain access to insights from
enterprise data and stay ahead in the ever-evolving digital landscape,' said
Puneet Chandok, President, Microsoft, India & South Asia.

On Monday, Cognizant shares closed at $78.18, up 0.27% and Microsoft shares
closed at $388.20, down 0.07% on the Nasdaq.



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