{"id":190924,"date":"2026-02-26T11:35:00","date_gmt":"2026-02-26T16:35:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/02\/26\/cognizant-ai-chief-has-one-word-for-trillion-dollar-wipeout-in-stock-market-triggered-by-anthropics-claude-ai-tools\/"},"modified":"2026-02-26T13:30:21","modified_gmt":"2026-02-26T18:30:21","slug":"cognizant-ai-chief-has-one-word-for-trillion-dollar-wipeout-in-stock-market-triggered-by-anthropics-claude-ai-tools","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/02\/26\/cognizant-ai-chief-has-one-word-for-trillion-dollar-wipeout-in-stock-market-triggered-by-anthropics-claude-ai-tools\/","title":{"rendered":"Cognizant AI chief has one word for trillion-dollar wipeout in stock market triggered by Anthropic&#8217;s Claude AI tools"},"content":{"rendered":"<p><a href=\"https:\/\/timesofindia.indiatimes.com\/technology\/tech-news\/cognizant-ai-chief-has-one-word-for-trillion-dollar-wipeout-in-stock-market-triggered-by-anthropics-claude-ai-tools\/amp_articleshow\/128819586.cms\">Cognizant AI chief has one word for trillion-dollar wipeout in stock market triggered by Anthropic&#8217;s Claude AI tools<\/a><\/p>\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/technology\/tech-news\/cognizant-ai-chief-has-one-word-for-trillion-dollar-wipeout-in-stock-market-triggered-by-anthropics-claude-ai-tools\/amp_articleshow\/128819586.cms\">https:\/\/timesofindia.indiatimes.com\/technology\/tech-news\/cognizant-ai-chief-has-one-word-for-trillion-dollar-wipeout-in-stock-market-triggered-by-anthropics-claude-ai-tools\/amp_articleshow\/128819586.cms<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-02-26 11:35:00<\/a><\/p>\n<p>Source Domain: <a href=\"timesofindia.indiatimes.com\">timesofindia.indiatimes.com<\/a><\/p>\n<ul>\n<li>Cognizant&#8217;s Chief AI Officer, Babak Hodjat, believes concerns that AI will disrupt IT services companies are overstated, despite significant impact events like Anthropic&#8217;s market devalulation.<\/li>\n<li>Hodjat emphasizes that enterprises still require substantial support for the deployment, integration, and management of AI systems despite advancements from AI startups.<\/li>\n<li>Hodjat notes that businesses are not yet reliant on a singular, all-purpose AI agent, and thus, the mapping and integration of these tools into existing processes remain crucial.<\/li>\n<li>Cognizant continues to see demand for AI-led transformation driving growth, with a focus on expanding AI-generated code from 30% to 50%.<\/li>\n<li>The company has hired 25,000 new graduates in 2025 and plans to increase this in 2026, indicating confidence in maintaining entry-level roles.<\/li>\n<li>Competitors like TCS and Wipro share the view that AI adoption will expand demand for IT services rather than diminish it.<\/li>\n<li>Hodjat and Cognizant\u2019s CEO Ravi Kumar S point out that while AI integration is happening, most clients still need support to effectively deploy and generate returns from these systems.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cognizant AI chief has one word for trillion-dollar wipeout in stock market triggered by Anthropic&#8217;s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":190925,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-128819732,width-1280,height-720,imgsize-49810,resizemode-4,overlay-toi_sw,pt-32,y_pad-600\/photo.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-190924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/190924"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=190924"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/190924\/revisions"}],"predecessor-version":[{"id":190926,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/190924\/revisions\/190926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/190925"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=190924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=190924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=190924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}