Azim Premji's Premji Invest to boost investments in AI firms

Former Wipro Chairman Azim Premji's investment firm Premji Invest will invest more on artificial intelligence (AI) companies while using its AI investment tools, Chief Investment Officer (CIO) TK Kurien said. The firm is helped by AI to check over 10,000 companies globally on 600 parameters to identify investment opportunities. The asset manager has seen "exponential returns", Kurien added.