Markets DXC

DXC Technology To Jointly Develop Generative AI Platform Quercus With Ferrovial, Microsoft

(RTTNews) - DXC Technology (DXC), a technology services provider, announced on Friday that it will work with Ferrovial SE (FER), an infrastructure company, and Microsoft Corp. (MSFT) to jointly develop the generative Artificial Intelligence or AI platform Quercus.

Howard Boville, executive vice president of DXC, said: "This agreement marks a milestone in the advancement of AI-supported business services."

Quercus will help organizations integrate secure, responsible AI solutions throughout their business operations to automate processes for improved profitability and efficiency.

DXC will standardize Quercus and offer it as an innovative AI solution for its global customers, tailoring the platform to meet individual customer needs, thereby reducing the time required to create bespoke AI solutions.

DXC will evolve, maintain, and commercialize Quercus, which will run on Microsoft's Azure and OpenAI technology.

Ferrovial has begun implementing an early version of the Quercus platform for its customers.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available