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TEANECK, N.J. - Cognizant (NASDAQ:CTSH), a $36.9 billion market cap IT services giant with annual revenue of $20.09 billion, announced on Wednesday the introduction of AI Training Data Services, a new offering aimed at helping enterprises build and implement AI models. According to InvestingPro data, the company maintains strong financial health with a "GOOD" overall rating.
The service is designed to address the growing need for clean, relevant training data as companies develop AI-powered applications. According to the company’s press release statement, the new offering combines data engineering expertise with industry-domain knowledge to transform multi-modal data into inputs for machine learning and generative AI models. As a prominent player in the IT Services industry with a healthy 34.25% gross profit margin, Cognizant appears well-positioned to deliver on this initiative.
Cognizant’s services include data annotation, model customization, and data governance capabilities. The company states these services are intended to help organizations accelerate market deployment, improve model accuracy, and reduce costs.
"By launching AI Training Data Services, we’re providing enterprises with the high-quality, multi-modal data they need to build sophisticated AI solutions," said Ravi Kumar S., CEO of Cognizant.
The company reports that its team of more than 10,000 specialists has delivered large-scale data annotation and quality-checked billions of data points across various modalities including speech, imagery, video, and light detection and ranging.
Core capabilities of the new offering include comprehensive data annotation and curation, AI model customization, and enterprise-grade AI evaluation and governance.
Cognizant claims it has previously worked with digital-native companies in technology, healthcare, automotive, media, and retail sectors to train advanced AI models.
The announcement comes as enterprises increasingly seek to operationalize generative and agentic AI technologies while addressing challenges related to data quality and accessibility. For investors interested in deeper analysis of Cognizant’s AI initiatives and market position, InvestingPro offers comprehensive research reports with detailed financial metrics and expert insights, including 8 additional ProTips that could help evaluate the company’s growth potential in the AI sector.
In other recent news, Cognizant has reported several significant developments. The company announced a strategic partnership with WRITER to facilitate the implementation of domain-specific AI agents in regulated industries such as financial services and healthcare. This collaboration aims to transition organizations from AI pilots to enterprise-scale adoption, focusing on security and compliance. Additionally, Cognizant’s AI lab secured two new U.S. patents for artificial intelligence technologies and won a gold award at the Genetic and Evolutionary Computation Conference in Spain. These patents increase Cognizant AI Lab’s total to 59, with 23 more pending.
On the financial front, Guggenheim upgraded Cognizant’s stock rating from Neutral to Buy, citing expected growth driven by new client wins and strong performance outside North America. Evercore ISI also initiated coverage on Cognizant with an Outperform rating, highlighting the company’s potential for top-tier industry growth through large deals and AI advancements. Furthermore, Cognizant launched Agent Foundry, a new platform designed to help businesses deploy and manage autonomous AI agents at scale. These developments underscore Cognizant’s ongoing efforts to strengthen its position in the AI and technology sectors.
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