Cognizant Technology Solutions Corporation (CTSH) Pursues AI Opportunities in EMEA

Cognizant Technology Solutions Corporation (NASDAQ: CTSH ) is one of the best beaten-down technology stocks to buy now . On July 2, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) entered into a strategic partnership with Domyn focused on delivering sovereign AI solutions to enterprises across the EMEA region.

Domyn is tasked with supplying an AI infrastructure layer, including large language models, that can be deployed on-premises or in a private cloud configuration. On its part, Cognizant is tasked with handling application integration and adapting Domyn models into smaller, domain-specific models. The company will also have to build industry-specific agents and applications while managing the construction of data pipelines and model alignment for enterprise deployment.

The collaboration and integration seek to target enterprises in the UK, Ireland, Europe, and the Middle East looking to leverage AI solutions. Initially, the companies will target clients in regulated sectors such as financial services and government. Additionally, Cognizant and Domyn will seek to capitalize on a Gartner report indicating that geopolitics will drive 50% of cloud AI workloads to sovereign cloud deployments by 2029.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a global professional services and IT consulting company. It helps businesses modernize their technology, transition to cloud platforms, integrate artificial intelligence (AI), and streamline operations to improve efficiency and customer experiences.

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