AI NewsCognizant Rolls Out Project Leap as a Major Workforce Reset to Fund AI Shift
2:20 PM IST · April 30, 2026
Cognizant has doubled down on AI-led efficiencies and cost savings, even as Q1 revenue rose 3.9% YoY in constant currency along with strong bookings.
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Google, on Wednesday, announced the quarterly financial results for Q1 2026. During the earnings call with investors and analysts, company CEO Sundar Pichai announced that the company increased its consolidated revenue by 22 percent year-over-year (YoY) to clock $109.9 billion (roughly Rs. 10.48 lakh crore) in the first quarter of the ongoing year. The quarter was also notable because the Mountain View-based tech giant hit a new paid subscriptions record, and grew its cloud services and the Search product significantly.
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The company has deliberately chosen Bengaluru for its deep engineering ecosystem and expertise in system design, architecture, and platform engineering.
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The company reported a consolidated net profit of ₹509.6 crore for Q4FY26, up from ₹446.5 crore a year ago.
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Cognizant has doubled down on AI-led efficiencies and cost savings, even as Q1 revenue rose 3.9% YoY in constant currency along with strong bookings.
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