Cognizant Boosts Stock Buyback, Partners With NVIDIA To Enhance Enterprise Operations With Neuro AI Platform – Cognizant Tech Solns (NASDAQ:CTSH)

Cognizant Technology Solutions Inc. CTSH has introduced new advancements utilizing NVIDIA AI to promote the widespread use of artificial intelligence in multiple industries.

The company is concentrating on five key areas including, AI-powered enterprise agents, industry-tailored large language models (LLMs), digital twins for advanced manufacturing, foundational AI infrastructure, and the integration of NVIDIA’s AI technologies with Cognizant’s Neuro AI platform.

These developments are designed to help clients optimize AI deployment and improve operational efficiency across various sectors.

Central to Cognizant’s approach to expand AI capabilities is the integration of NVIDIA AI, with active collaborations in progress to foster growth and reshape business strategies.

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Powered by NVIDIA NIM microservices, this platform enables businesses to swiftly develop and scale multi-agent AI systems.

These systems enhance flexible operations, enable real-time decision-making, and offer tailored customer experiences. The framework allows for supporting the integration of external agent networks for various business functions such as sales and supply chain management.

The company is also creating customized LLMs tailored to address the unique demands of various industries, powered by NVIDIA’s NeMo and NIM.

For example, Cognizant’s specialized language models in healthcare aim to optimize administrative workflows and enhance coding precision.

Additionally, Cognizant’s adoption of NVIDIA Omniverse will offer smart manufacturing clients digital twins to enhance plant operations and enable predictive analytics, improving decision-making throughout manufacturing and supply chain processes.

“The Cognizant Neuro AI platform is built with NVIDIA AI to deliver specialized LLMs and applications to ready businesses for the era of AI with reasoning agents and digital twins,” said Jay Puri, executive vice president of Worldwide Field Operations, NVIDIA.

Cognizant’s AI infrastructure, powered by NVIDIA has “GPU as a Service” model, which includes secure and managed infrastructure, is available to clients operating in diverse environments such as cloud, data centers, or at the edge.

On March 24, 2025, the Board of Directors approved an increase of $2 billion to the amount authorized under the existing stock repurchase program.

With this increase, as of March 24, 2025, there is about $3.1 billion remaining under the share repurchase authorization. For 2025, Cognizant increased its share repurchase expectation by $500 million to $1.1 billion.

Also, the company affirmed its long-term capital allocation framework, including the flexibility to pursue strategic acquisitions.

Price Action: CTSH shares traded higher by 2.25% at $79.69 at last check Tuesday.

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